File photo of the Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani (c), as he arrives for the opening of the 'Make in India Week' in Mumbai, Feb. 13. (Punit Paranjpe/AFP/Getty Images)

File photo of the Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani (c), as he arrives for the opening of the ‘Make in India Week’ in Mumbai, Feb. 13. (Punit Paranjpe/AFP/Getty Images)

Industrialist Mukesh Ambani was named India’s richest person, Sept. 22, for a ninth year in a row with a sharp increase in net worth to $22.7 billion, while Sun Pharma’s Dilip Shanghvi was ranked a distant second with a wealth of $16.9 billion, according to Forbes magazine. – @siliconeer #siliconeer #ForbesList #Indias100Richest #Reliance #Ambani #Mukesh Ambani #SunPharma #DilipShanghvi #Wipro #AzimPremji #Hinduja #Patanjali #AcharyaBalkrishna #YogaGuruRamdev #Infosys #NRNarayanamurthy #NandanNilekani #AnandMahindra #Mahindra #NaazneenKarmali #AnilAmbani


The Hinduja Family moved up to the third position (USD 15.2 billion) on the annual Forbes list of India’s 100 Richest People. Wipro’s Azim Premji slipped one place to fourth with a networth of USD 15 billion.

File photo of a customer as she walks past a reproduction of the December 2012 issue of “Forbes India” magazine, showing a depiction of Hindu Goddess Lakshmi on the cover, at a bookstore in Ahmedabad, Gujarat, Nov. 5, 2012. (Sam Panthaky/AFP/Getty Images)

File photo of a customer as she walks past a reproduction of the December 2012 issue of “Forbes India” magazine, showing a depiction of Hindu Goddess Lakshmi on the cover, at a bookstore in Ahmedabad, Gujarat, Nov. 5, 2012. (Sam Panthaky/AFP/Getty Images)

Patanjali Ayurved’s Acharya Balkrishna, known as a close associate of yoga guru Ramdev, made a surprise entry at the 48th position with a net worth of $2.5 billion on the list compiled by the business magazine known for its rich lists.

Forbes said the combined net worth of India’s 100 wealthiest is $381 billion, a rise of 10% from $345 billion in 2015.

Mukesh Ambani’s wealth rose in the past one year from $18.9 billion to $22.7 billion on 21% surge in share price of Reliance Industries, the flagship company of his group, which recently launched 4G mobile services with much fanfare. He was ranked 36th in the global rich list.

A customer selects his number of Reliance Jio Infocomm 4G mobile services in Mumbai on Sept. 6. India's richest man Mukesh Ambani launched his Reliance Industries' long-awaited 4G mobile services in September, sending shares of rival Bharti Airtel plummeting almost seven percent. (Indranil Mukherjee/AFP/Getty Images)

A customer selects his number of Reliance Jio Infocomm 4G mobile services in Mumbai on Sept. 6. India’s richest man Mukesh Ambani launched his Reliance Industries’ long-awaited 4G mobile services in September, sending shares of rival Bharti Airtel plummeting almost seven percent. (Indranil Mukherjee/AFP/Getty Images)

Younger brother Anil Ambani was ranked 32nd in India with a net worth of $3.4 billion, down from 29th spot last year.

Shanghvi also retained his second position, though his wealth fell by $1.1 billion due to plunge in share