List of 100 Richest Indian, 2016

* Reliance Industries Chairman Mukesh Ambani is once again India's richest person with a net worth of US $22.7 billion, according to the latest Forbes list.

* Mukesh Ambani's fortune increased from $18.9 billion last year as shares of RIL rose 21% in the past 12 months. The company launched its 4G phone service, Jio, in September, sparking a price war in India's hypercompetitive telecommunications market.

* India's richest pharmaceutical magnate, Dilip Shanghvi, remains at number 2 with a net worth of $16.9 billion. His wealth fell by $1.1 billion along with a drop in the shares of his Sun PharmaceuticalIndustries, the world's fifth-largest generics maker.

* Earlier in 2016, Sun acquired 14 drugs from Novartis in Japan for $293 million, which will be distributed by Mitsubishi Tanabe Pharma.

* Taking the third spot are the Hinduja brothers with a net worth of $15.2 billion, up from $14.8 billion in 2015.

* Tech magnate Azim Premji, who has led Wipro for five decades, slips one spot to number 4 with a net worth of $15 billion.

* Sourav Majumdar, Editor, Forbes India, said: "This year's list sees a rise in the overall wealth of the country's top 100 billionaires, in line with the movement of the markets. While the composition at the top of the list remains largely unchanged, the distribution of wealth within the list continues, with the top 20 now contributing 52% of the total, down from 55% last year.

* Eight people rejoin the ranks after their companies outperformed the stock market's 12% rise in the past year.

* The six newcomers to the list include serial entrepreneurs and brothers Bhavin and Divyank Turakhia (number 95, $1.3 billion), who make the ranks after selling their ad tech firm Media.net for $900 million to a consortium of Chinese investors in August.

* Acharya Balkrishna (number 48, $2.5 billion) also made his debut thanks to his 97% holding in fast-growing consumer goods outfit Patanjali Ayurved, which he co-founded with yoga guru Baba Ramdev.

* Another new face is Pawan Munjal (No. 29, $3.65 billion), son of late Brijmohan Lall Munjal, founder of Hero Group, who takes over his father's spot on the list.

* The minimum amount required to make the list was $1.25 billion, up from $1.1 billion in 2015.

* There were 13 drop-offs from the list this year, including textile figure Balkrishan Goenka and co-founders of Flipkart, Sachin Bansal and Binny Bansal.

List of 100 Richest Indian

#1 Mukesh Ambani

#2 Dilip Shanghvi

#3 Hinduja brothers

#4 Azim Premji

#5 Pallonji Mistry

#6 Lakshmi Mittal

#7 Godrej family

#8 Shiv Nadar

#9 Kumar Birla

#10 Cyrus Poonawalla

#11 Uday Kotak

#12 Sunil Mittal

#13 Gautam Adani

#14 Benu Gopal Bangur

#15 Anand Burman

#16 Shashi & Ravi Ruia

#17 Bajaj family

#18 Subhash Chandra

#19 Savitri Jindal

#20 Desh Bandhu Gupta

#21 Vikram Lal

#22 Kushal Pal Singh

#23 Pankaj Patel

#24 Micky Jagtiani

#25 M.A. Yusuff Ali

#26 Madhukar Parekh

#27 Sudhir & Samir Mehta

#28 Kuldeep & Gurbachan Singh Dhingra

#29 Pawan Munjal

#30 Harsh Mariwala

#31 Vivek Chaand Sehgal

#32 Anil Ambani

#33 Kapil & Rahul Bhatia

#34 Ashwin Dani

#35 Ajay Piramal

#36 Jain family

#37 P.V. Ramprasad Reddy

#38 Ravi Pillai

#39 Vijay Chauhan

#40 Kalanithi Maran

#41 Murali Divi

#42 Samprada Singh

#43 Ashwin Choksi

#44 Yusuf Hamied

#45 Rajan Raheja

#46 Vinod & Anil Rai Gupta

#47 B.R. Shetty

#48 Acharya Balkrishna

#49 Abhay Vakil

#50 Chandru Raheja

#51 Baba Kalyani

#52 Karsanbhai Patel

#53 Rakesh Jhunjhunwala

#54 Reddy family

#55 Amalgamations Group family

#56 Mangal Prabhat Lodha

#57 Sunil Vaswani

#58 Rajendra Agarwal

#59 M.G. George Muthoot

#60 Sunny Varkey

#61 Rajesh Mehta

#62 N.R. Narayana Murthy

#63 Anil Agarwal

#64 Mannalal Agrawal

#65 Kiran Mazumdar-Shaw

#66 Hasmukh Chudgar

#67 Mofatraj Munot

#68 Lachhman Das Mittal

#69 Glenn Saldanha

#70 Abhay Firodia

#71 Nirav Modi

#72 Ramesh Juneja

#73 Murugappa family

#74 Ranjan Pai

#75 Harsh Goenka

#76 Jitendra Virwani

#77 Salil Singhal

#78 P.N.C. Menon

#79 Leena Tewari

#80 Nandan Nilekani

#81 S. Gopalakrishnan

#82 Satish Mehta

#83 Ravi Jaipuria

#84 Radhe Shyam Agarwal

#84 Radhe Shyam Goenka

#86 Sameer Gehlaut

#87 Devendra Jain

#88 Jai Hari and Yadu Hari Dalmia

#89 Vikas Oberoi

#90 Anand Mahindra

#91 Sanjiv Goenka

#92 Malvinder & Shivinder Singh

#93 Sunder Genomal

#94 Ajay Kalsi

#95 Bhavin & Divyank Turakhia

#96 Dilip & Anand Surana

#97 Azad Moopen

#98 Shamsheer Vayalil

#99 Rajju Shroff

#100 Shyam & Hari Bhartia