Adani Group Chairman Gautam Adani and his family topped the Hurun India Rich List 2024 with a wealth of Rs 11,61,800 crore.
Meanwhile, Reliance Industries’ Mukesh Ambani and his family secured the second spot with a wealth of Rs 10,14,700 crore.
HCLTech’s Shiv Nadar and his family came third with a fortune of Rs 314,000 crore, while Serum Institute’s Cyrus Poonawalla and his family are India’s fourth richest with Rs 289,800 crore.
They are followed by Sun Pharma’s Dilip Shanghvi (Rs 249,900 crore), Kumar Mangalam Birla and family (Rs 235,200 crore), Gopichand Hinduja and family (Rs 192,700 crore), Radhakishan Damani and family (Rs 190,900 crore), Azim Premji and family (Rs 190,700 crore) and Niraj Bajaj and family (Rs 162,800 crore).
According to the Hurun India Rich List 2024, the number of billionaires has crossed the 300 mark, taking the total to 334. This represents a remarkable six-fold increase since the list was first published 13 years ago.
The list has expanded significantly and now includes more than 1,500 individuals with a net worth of Rs 1,000 crore or more, marking a substantial growth of 150% compared to seven years ago.
Hurun India identified a total of 1,539 ultra-rich individuals, an increase of 220 from the previous year, with a record 272 new entrants. For the first time, the list has surpassed 1,500 individuals, reflecting an 86% increase over the past five years.
Anas Rahman Junaid, Founder and Chief Researcher, Hurun India, said, “India continues to strike gold in the ‘Wealth Creation Olympics’. All the top 20 sectors brought in new faces, demonstrating the unstoppable spirit of Indian entrepreneurs driving growth across the board. India is emerging as Asia’s wealth creation engine! While China saw a 25% decline in its number of billionaires, India saw a 29% increase, reaching a record 334 billionaires. For the first time, the Hurun India Rich List features 1,539 entrants, showcasing a diverse range of wealth creators – from family-owned businesses and startup founders to private equity investors, angel investors, next-generation leaders, film stars, and more.”
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