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From boutiques to billions: Meet India’s 8 richest fashion moguls

TOI Lifestyle Desk
| etimes.in | Last updated on - Mar 24, 2026, 06:00 IST
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1/9

Richest Fashion Moguls of Fashion

Whenever a massive Bollywood wedding drops on our social media feeds, what’s the first thing we obsess over? The outfits, obviously. We zoom in on the embroidery, guess the price tag, and wonder who designed it. But let's talk about the creatives behind those jaw-dropping lehengas. They aren't just sketching pretty dresses anymore. The Indian fashion scene has exploded, transforming niche boutiques into ruthless, multi-million dollar corporate empires.

Curious who is leading the pack? Here are the 8 wealthiest fashion designers in India who are totally redefining haute couture—and raking in the big bucks while they do it.

2/9

Manish Malhotra: The Bollywood King

You literally can't talk about Indian fashion without bringing up Manish. He is basically Bollywood’s best friend. After completely shaking up costume design in Hindi cinema, he launched his own label in 2005. Now? He pulls in an estimated $30 million a year. His empire stretches across bridal wear, makeup, jewelry, and even film production. The real flex came in 2021 when Reliance Brands Limited (RBL) snagged a 40% stake in his company.


(Image Credits: Pinterest)

3/9

Sabyasachi Mukherjee: The Heritage Maestro

If you want a traditional, heritage-drenched wedding, you want Sabya. His bridal lehengas easily cross the ₹5 lakh mark, making his brand one of the most coveted in the luxury space. Aditya Birla Fashion and Retail Limited (ABFRL) clearly knew his worth, dropping ₹398 crore for a 51% stake in 2021. From his iconic H&M collab to a massive new flagship store in New York, his global takeover is in full swing.


(Image Credits: Pinterest)

4/9

Anita Dongre: The Retail Queen

When it comes to pure net worth, Anita Dongre is widely considered the absolute wealthiest female designer in the country. We're talking an estimated net worth well over ₹1000 crore (that’s easily past $100 million). Her genius lies in balance. She dominates high-end luxury couture, but she also rules the malls with super accessible retail brands like AND and Global Desi.


(Image Credits: Pinterest)

5/9

Anamika Khanna: The Avant-Garde Artist

Bollywood royalty like Sonam Kapoor and Deepika Padukone swear by her. Anamika is famous for her edgy aesthetic, seamlessly mixing traditional Indian textiles with sharp Western cuts. To grab the attention of a younger, trendier crowd, she launched her prêt label, "AK-OK." And yes, corporate money followed—Reliance Brands jumped in for a 60% joint venture to take AK-OK global.


(Image Credits: Pinterest)

6/9

Ritu Kumar: The Pioneer

With a legacy spanning over five decades, Ritu Kumar practically invented the boutique culture in India. Her brand is deeply rooted in traditional printing and weaving techniques. Proving that heritage holds massive corporate value, Reliance Retail acquired a 52% controlling stake in her business back in 2021.


(Image Credits: Pinterest)

7/9

Tarun Tahiliani: The Master of Drapes

Known for his stunning "India Modern" silhouettes, Tarun is a true veteran. He co-founded Ensemble, India’s very first multi-designer boutique, all the way back in 1987. ABFRL bought a 33% stake in his luxury business and even teamed up with him to launch Tasva, a dedicated men's ethnic wear brand.


(Image Credits: Pinterest)

8/9

Abu Jani & Sandeep Khosla: The Maximalists

If it’s a Bachchan or Ambani event, you can bet someone is wearing Abu Jani and Sandeep Khosla. They are the ultimate kings of royal, maximalist grandeur—think heavy Zardozi and intricate Chikankari. Naturally, Reliance Brands backed them too, picking up a 51% stake in their fashion house.


(Image Credits: Pinterest)

9/9

Masaba Gupta: The Millennial Icon

Masaba is the ultimate poster child for the younger generation of fashion moguls. She took the industry by storm with the bold, quirky prints of House of Masaba, and then effortlessly pivoted to crush the beauty market with LoveChild. The ultimate proof she made it to the big leagues?

Aditya Birla Fashion swooped in to buy a 51% stake in her brand back in 2022. The Real Secret to Their Wealth? Notice a pattern here? While these creatives built their names on spectacular bridal wear and celebrity styling, the real secret sauce behind their billionaire-level status is corporate backing. The massive influx of investments from mega-corporations like Reliance and Aditya Birla has totally rewritten the rules. They aren't just making clothes anymore. They are building global empires.


(Image Credits: Pinterest)

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Copyright © May 31, 2026, 03.17AM IST Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service