Forbes richest Indians list 2017: Here are top 20 wealthiest tycoons in the country

“Reliance Industries Ltd chairman Mukesh Ambani has topped Forbes’s annual list of India’s 100 richest tycoons, with a net worth of $38 billion. To put it in context, this is equal to the entire GDP of the former Soviet republic of Azerbaijan, as per World Bank Data 2016 estimates,” a statement by Forbes said.

Wipro's Azim Premji jumped up two places with a net work of $19 billion, which is almost equal to the GDP of Afghanistan at $19.4 billion, Forbes said.

The Hinduja family maintained the third position ($18.4 billion) in the list.

According to the list, the total wealth of India’s top 100 billionaires, which stands at a whopping $479 billion, is more than the country’s forex reserves estimated at $402.5 billion in September 2017.

Pallonji Mistry, chairman of Shapoorji Pallonji Group, has a net worth of $16 billion.

Last year, the minimum amount required to make the list was $1.25 billion, 17 percent lower than this year.

The aggregate wealth of the top 100 has risen 26 percent over last year.

Birla Group's Kumar Birla's net worth stood at $12.6 billion.

Last year’s second richest Indian, Dilip Shanghvi of Sun Pharmaceuticals (No. 9, $12.1 billion) is the biggest dollar loser on the list as his net worth fell by $4.8 billion.

Indistrialist Gautam Adani's net worth stands at $ 11 billion.

Uday Kotak, MD of Kotak Mahindra Bank, has a net worth of $ 10.5 billion.

Founder of hypermarket chain D-mart, Radhakishan Damani enjoys a net worth of $9.3 billion.

Cyrus Poonawalla, chairman of the Poowalla Group, has a net worth of $8.9 billion.

Sunil Mittal, chairman of Bharti Airtel, has a net worth of $8.3 billion.

The Bajaj family has a net worth of $8 billion.

Chairperson of Emiretus, Jindal Steel & Power Limited, Savitri Jindal, has a net worth of $7.5 billion.

Founder of former CEO of Eicher Motors, Vikram Lal's net worth stood at $7.2 billion.

The net worth of Benu Gopal Bangur, chairman of Shree Cement, stands at $ 6.6 billion.

The MD and primary stake holder of Patanjali Ayurved, Acharya Balkrishna's net worth is $6.55 billion.

The net worth of the Burman family, of Dabur fame, is estimated at $6.5 billion.