Forbes India’s Richest List – 2026
Gaudam Adani tops the list with $112.7 Billion
Mukesh Ambani ranked second with $86.3 B
Savitri Jindal ranked third with $39.8 B
Yusuff Ali MA named richest Malayalee
Malayalis hold ground
Even as India’s ultra-rich shrink overall, Malayali names remain prominent:
Lulu Group Chairman Yusuffali M.A. heads them as the richest individual Malayali. He ranks 47th overall, with $5.75 billion (₹55,500 Cr.)
• The Muthoot family leads Malayali families (4 members): combined, they hold $9.2 billion, placing them 24th on the all-India list.
Other notable Malayali figures:
• Joy Alukkas (Joy Alukkas) – $5.4B (₹52,000 Cr.)
• Ravi Pillai (RP Group) – $4.1B (₹39,500 Cr.)
• Sunny Varkey (GEMS Education) – $4 B (₹38,500 Cr.)
• P.N.C. Menon (Sobha Group) – $3.9B (₹37,600 Cr.)
• T.S. Kalyanaraman (Kalyan Jewellers) – $3.55B (₹34,200 Cr.)
These names span industries – retail, finance, real estate, education – showing how Kerala’s business class is diversified, resilient, and globally connected.
*Exchange Rate as on 1st October 2026 – US$ 1 equals to ₹ 96.32*
