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Forbes India Magazine - May 15, 2026

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In this issue

Our latest edition—World’s Billionaires—shows that a record 20 people now boast dozen-digit fortunes, up from 15 last year. Five of them, up from three, are worth more than $200 billion. Surmounting the odds of a sliding rupee, 30 Indian billionaires make their debut on the list, taking the country’s tally to a record 229.
The cover story is about how PhysicsWallah has built a business by swimming against the tide. The product mirrored offline learning with fixed class schedules, homework, regular tests and doubt-solving. Instead of charging higher fees when demand surged during the pandemic, PhysicsWallah focussed on affordability.
We also have stories on India’s real estate barons and a photo feature on health care and pharma’s richest individuals.

India's Mythos Test

What does cybersecurity preparedness look like when machines can identify and exploit software flaws faster than institutions can react?

5 mins

No Poll Dance Yet

The markets lack confidence despite election results in West Bengal, Assam; focus is on the West Asia conflict and its consequences

6 mins

Indian AI goes into Space

Anthropic partners with SpaceX, Meesho's big bet and Hollywood makes a strategic move

1 mins

Accidental Founder, Intentional Successor

Kiran Mazumdar-Shaw stumbled into biotech. Her niece Claire was built for it

2 mins

Mercedes-Benz to Bring Plug-in Hybrids to India

Launch to help carmaker gauge consumer interest in technology that's considered a bridge between ICE and EV

4 mins

Top of the Class

PhysicsWallah has built a business by swimming against the tide. It now needs to make its hybrid model fly and incorporate AI

9 mins

Young and Loaded

India's young billionaire club expands sharply in 2026, led by tech and finance entrepreneurs

3 mins

'Money is Not The Goal'

GV Prasad, co-chairman and MD of Dr Reddy's Laboratories, on building the company, what wealth means to him and the hype around weight-loss drugs

10+ mins

Realty Check

The 2026 Forbes World's Billionaires List has 13 real estate barons from India

2 mins

Land Lord

Oberoi Realty's Vikas Oberoi enjoys writing big cheques to buy huge land parcels

4 mins

Property Play

The Embassy Group's Jitendra Virwani has been learning the ropes of real estate since he was 19

3 mins

Health Check

The rankings of India's health care and pharma billionaires on Forbes's World's Billionaires List 2026 map a sector balancing global ambition with tightening economics at home. Wealth this year tracks the GLP-1 opportunity as Indian players prepare cheaper alternatives to global therapies; price caps, regulations and hospital margins weigh on others. Generics-led exporters gained, while diagnostics and hospital chains stayed flat

2 mins

The World's Billionaires

The planet added roughly one new billionaire per day over the past year, as Al mania, sizzling markets and a pro-billionaire American president helped propel the three comma club to unprecedented heights.

8 mins

Richest Indians

Surmounting the odds of a sliding rupee, 30 billionaires debut on the list, taking the country's tally to a record 229

3 mins

Chart Busters

Music makers are upending traditional industry business models and mapping their own routes to financial independence

10+ mins

'How do I Beat Everything That I've Done Before?'

Billionaire entrepreneur Romesh Wadhwani talks about the work done by his philanthropic foundation, and dreaming bigger and better than before

9 mins

'Good Times Give Rise to Bad Times, and Bad Times to Good'

Llyod Blankfein, senior chairman of Goldman Sachs, talks about writing his memoir Streetwise, the risks of betting on AI, and investing in times of wars

10+ mins

Bandwala

Krishen Khanna, who turned 100 last July, is one of the most versatile modernists of our times.

1 mins

Read all Stories from Forbes India

Forbes India Magazine Description:

Publisher: Network18-Media-&-Investments-Limited

Category: Business

Language: English

Frequency: Fortnightly

Forbes is the world’s leading business magazine and since its inception in 1917, Forbes has stood, unwavering, for one overriding principle: the unshakable belief in the power of free enterprise.

Forbes mission has always been clear and unchanging: to provide insights and information that ensure the success of the world’s most influential. Faithfully fulfilling that promise is what draws today's most influential business leaders to Forbes. These high-powered decision-makers represent a community of like-minded individuals bound by their unshakable belief in the spirit of free enterprise. They contribute to it, profit from it and their lives are better for it. For them, Forbes is the quintessential Capitalist Tool.

True to its pedigree, Forbes India has donned on the role of the drama critic to Indian business. Since its launch in 2009, the magazine has helped readers connect the dots, form patterns and see beyond the obvious, giving them a perspective beyond the obvious.