Often referred to as the financial center of India, Mumbai is home to many wealthy individuals. These corporate CEOs have developed sizable businesses and grown rather wealthy. Let’s find out who the top 10 richest people in Mumbai are.
Mumbai is a city full of both billionaires and people who want to be rich. From luxury cars on the roads to tall skyscrapers, Mumbai depicts the way some of the richest men of Mumbai live. In disciplines like petrochemicals, drugs, real estate, banking, technology, and retail, these people have built great empires. Many of them began little and worked hard and wisely to grow to be leaders in their fields.
Mumbai offers the ideal setting for developing outstanding companies since it is the base of the Bombay Stock Exchange (BSE) and several worldwide headquarters. Many of these billionaires own famous houses in Mumbai, like Antilia, owned by Mukesh Ambani, the richest men in Mumbai city.
This list includes names both known worldwide and within India. They have not just built wealth but have created jobs, supported innovation, and contributed to social causes. Discover the inspirational tales and way of life of the top 10 richest people in Mumbai by 2025 by reading on.
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Meet the Top 10 Richest People in Mumbai in 2025
1. Mukesh Ambani
- Total Wealth: $108 billion
- Business: Chairman and Managing Director of Reliance Industries
- Founded: Dhirubhai Ambani started Reliance Industries in 1966.
- Car Collection: His collection of cars includes the Rolls-Royce Phantom, the Bentley Bentayga, and the BMW 760Li.
- Family: Wife Nita Ambani
- Children: Akash, Isha, and Anant Ambani
Description: Richest person in Mumbai and Asia is Mukesh Ambani. He runs Reliance Industries, a petrochemical, oil, telecom, retail, firm. Living in Mumbai, he has a 27-story home known as Antilia.
2. Radhakishan Damani
- Total Wealth: $31.5 billion
- Business: Founder and Chairman of DMart
- Founded: DMart was established in 2002
- Car Collection: Toyota Innova
- Family: Wife Shrikantadevi Damani
- Children: Three daughters
Description: Quiet billionaire Radhakishan Damani launched the well-known Indian network of retailers DMart. His simple life makes him famous, and he is one of the richest men in Mumbai.
3. Dilip Shanghvi
- Total Wealth: $25.7 billion
- Business: Founder of Sun Pharmaceutical Industries
- Founded: Sun Pharma was founded in 1983
- Car Collection: Stays out of sight; information about the cars is kept secret
- Family: Wife Vibha Shanghvi
- Children: Two children
Description: Dilip Shanghvi made his riches through Sun Pharma, the biggest pharmaceutical company in India. He is well-known for being quiet and business-oriented.
4. Cyrus Poonawalla
- Total Wealth: $17.6 billion
- Business: The head of the Serum Institute of India and its chairman
- Founded: Serum Institute was established in 1966
- Car Collection: Mercedes-Maybach S600, Rolls-Royce
- Family: Son Adar Poonawalla
Description: Leading producer of vaccines worldwide, Serum Institute is run by Cyrus Poonawalla. His company was quite active during the COVID-19 epidemic.
5. Kumar Mangalam Birla
- Total Wealth: $20.6 billion
- Business: Chairman of Aditya Birla Group
- Founded: The group was founded in 1857 by Seth Shiv Narayan Birla
- Car Collection: BMW 7 Series, Mercedes-Benz S-Class
- Family: Wife Neerja Birla
- Children: Three children
Description: Kumar Mangalam Birla is in charge of the Aditya Birla Group, which works in metals, cement, textiles, and telecommunications. He keeps up the business that his family started.
6. Uday Kotak
- Total Wealth: $15.3 billion
- Business: Founder and CEO of Kotak Mahindra Bank
- Founded: Kotak Mahindra Finance Ltd. was established in 1985 and became a bank in 2003
- Car Collection: Audi A8
- Family: Wife Pallavi Kotak
- Children: Two children
Description: He took a small finance business and turned it into one of India’s best banks. Among the richest men in Mumbai, he is also revered in the banking industry.
7. Mangal Prabhat Lodha
- Total Wealth: $12.0 billion
- Business: Founder of Lodha Group (Macrotech Developers)
- Founded: Lodha Group was established in 1980
- Car Collection: BMW 7 Series, Audi Q7
- Family: Wife Manju Lodha
- Children: Abhishek and Abhinandan Lodha
Description: Real estate developer Mangal Lodha created several Mumbai’s tall structures. Among the richest person in Mumbai, he is additionally involved in politics.
8. Jamshyd Godrej
- Total Wealth: $11.1 billion
- Business: CEO and Chairman of Godrej & Boyce
- Founded: Godrej & Boyce was established in 1897
- Car Collection: Details are private; known for interest in yachting
- Family: Wife Pheroza Godrej
- Children: Two children
Description: Leading Godrej & Boyce, a division of the Godrej Group noted for furniture and appliances, Jamshyd Godrej leads He is a respected entrepreneur and supports environmental concerns.
9. Nadir Godrej
- Total Wealth: $11.2 billion
- Business: The head of Godrej Industries and chairman of Godrej Agrovet
- Founded: Godrej Industries was established in 1963
- Car Collection: Details are private
- Family: Wife Dr. Rati Godrej
- Children: Three sons
Description: There are chemistry and farming-focused parts of the Godrej Group that are run by Nadir Godrej. His curiosity in science and poetry is equally well-known.
10. Leena Tewari
- Total Wealth: $3.9 billion
- Business: Chairperson of USV Private Limited
- Founded: Her grandpa, Vithal Balkrishna Gandhi, started USV in 1961.
- Car Collection: Details are private
- Family: Husband Prashant Tewari
- Children: One daughter
Description: USV Pharma is a biotechnology and drug business that is run by Leena Tewari. She is one of the richest people in Mumbai and gives money to education and health causes.
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Conclusion : Richest Men in Mumbai
The richest people in Mumbai have made their money in retail, pharmaceuticals, real estate, banks, and petrochemicals, among other fields. They still affect the corporate world and have greatly helped India’s economy. Many people are motivated by their stories to seek achievement with creativity and diligence.
Every one of these richest men in Mumbai has chosen a different road to success. While some inherited family companies grew internationally, others are self-made millionaires beginning from nothing. Their vision, tenacity, and capacity to see possibilities from difficulties bind them. Along with expanding their businesses, these corporate tycoons fund environmental causes, education, healthcare, and new technology and generate thousands of jobs.
Being among the richest people in Mumbai also comes with a responsibility to give back. Many of them are part of CSR initiatives and philanthropic foundations that change lives all throughout the nation. Their opulent lifestyles, exquisite car collections, and famous mansions highlight their success; nevertheless, behind the gloss are years of diligence, risk-taking, and business sense.
Inspired by these icons, more businesspeople will surface in Mumbai in the next years. They show that, given the correct attitude and work, success—even worldwide—is within reach.
