Mumbai's 10 Richest Tycoons in 2025 Revealed

• Mukesh Ambani tops Mumbai's richest list at $108B via Reliance Industries leadership.
• Radhakishan Damani (DMart) & Dilip Shanghvi (Sun Pharma) follow with $31.5B & $25.7B.
• Cyrus Poonawalla, Kumar Birla, Uday Kotak, Lodha & Godrej also listed in Top 10.

Mumbai, the financial capital of India, is home to some of the wealthiest individuals in the country. From business tycoons to pharma giants, the city continues to be the hub of billionaires who drive India’s corporate and industrial landscape. Here’s a look at the top 10 richest people in Mumbai in 2025.

1. Mukesh Ambani – Reliance Industries

Chairman and Managing Director of Reliance Industries, Mukesh Ambani, remains the richest man in Mumbai. His total wealth stands at $108 billion, cementing his position as a global business icon.

2. Radhakishan Damani – DMart

The retail king of India and founder of DMart, Radhakishan Damani, holds a net worth of $31.5 billion. His retail empire has made him one of the most influential businessmen in the city.

3. Dilip Shanghvi – Sun Pharma

Pharma magnate Dilip Shanghvi made his fortune through Sun Pharma, the largest pharmaceutical company in India. His wealth is pegged at $25.7 billion.

4. Cyrus Poonawalla – Serum Institute of India

Cyrus Poonawalla, chairman of the Serum Institute of India, is valued at $17.6 billion. Known as the “Vaccine King of India,” his company is one of the world’s largest vaccine manufacturers.

5. Kumar Mangalam Birla – Aditya Birla Group

At the helm of the Aditya Birla Group, Kumar Mangalam Birla commands a net worth of $20.6 billion. His diversified conglomerate spans cement, metals, telecom, and financial services.

6. Uday Kotak – Kotak Mahindra Bank

The founder and CEO of Kotak Mahindra Bank, Uday Kotak, is among Mumbai’s richest bankers with a total wealth of $15.3 billion.

7. Mangal Prabhat Lodha – Lodha Group

Real estate baron Mangal Prabhat Lodha has built his wealth through the Lodha Group. His net worth stands at $12.0 billion, making him one of the most powerful names in Mumbai’s property market.

8. Jamshyd Godrej – Godrej & Boyce

Jamshyd Godrej, CEO and Chairman of Godrej & Boyce, has a net worth of $11.1 billion. He continues to play a key role in the century-old Godrej Group legacy.

9. Nadir Godrej – Godrej Industries & Agrovet

With a fortune of $11.2 billion, Nadir Godrej leads Godrej Industries and Godrej Agrovet, expanding the family empire across chemicals, agriculture, and consumer goods.

10. Leena Tewari – USV Pharma

One of the richest women in Mumbai, Leena Tewari runs USV Pharma, a biotechnology and drug company. Her net worth is $3.9 billion, making her a leading figure in India’s pharma industry.

Mumbai continues to produce billionaires across industries , from energy and finance to pharmaceuticals and real estate , cementing its reputation as India’s economic powerhouse.