Forbes India Rich List 2021 is out and Reliance Industries MD and Chairman Mukesh Ambani have retained the top position again. Ambani remains the wealthiest Indian for the 14th year in a row—since 2008—adding $4 billion to his net worth in 2021. Gautam Adani, the founder of Adani Group, is now a close second with a $74.8 billion fortune, only $17.9 billion shy of Ambani. 

Industrialist Shiv Nadar, the founder and chairman of HCL technologies is at No. 3. Nadar has retained his third spot as the country's buoyant tech sector increased his wealth by $10.6 billion. His total net worth has now soared to $31 billion.  

Radhakishan Damani retained the fourth spot with his net worth nearly doubling to $29.4 billion from $15.4 billion, as his supermarket chain Avenue Supermarts opened 22 new stores in the fiscal year ending March.

Meanwhile, Savitri Jindal, chairperson of OP Jindal group, re-entered the top-10 club with $18 billion.

India's recovery from a deadly second wave of Covid-19, which broke out earlier this year, restored investor confidence in the world's sixth-largest economy.

There are six newcomers on this year's list, with half of them from the booming chemicals sector. They include Ashok Boob (No. 93, $2.3 billion) whose Clean Science and Technology listed in July; Deepak Mehta (No. 97, $2.05 billion) of Deepak Nitrite and Yogesh Kothari (No. 100, $1.94 billion) of Alkyl Amines Chemicals. Arvind Lal (No. 87, $2.55 billion), the executive chairman of diagnostics chain Dr Lal PathLabs, also debuted on the list after a pandemic-induced surge in testing caused shares of his company to double in the past year.

Eleven listees from last year dropped off, given the increased cut-off for gaining entry to this year's list. The minimum amount required to make this year's list was $1.94 billion, up from $1.33 billion last year.