The Hurun India Rich List 2024 has unveiled some dramatic shifts in the rankings of India’s wealthiest individuals. Gautam Adani has surpassed Mukesh Ambani to claim the top spot. Here’s a look at the top 10 richest Indians for 2024:
1. Gautam Adani
Gautam Adani and his family are now the wealthiest in India, with an impressive net worth of ₹11.6 lakh crore. This marks a significant rebound from the previous year’s downturn, where Adani’s wealth had dropped by 57%. Last year, however, Adani’s fortune surged by 95%, allowing him to overtake Mukesh Ambani.
2. Mukesh Ambani
Mukesh Ambani, the Chairman and Managing Director of Reliance Industries, is ranked second with a net worth of ₹10.14 lakh crore. Ambani’s wealth grew by 25% over the past year and has seen a 150% increase over the past five years, solidifying his position as the second richest Asian.
3. Shiv Nadar
Shiv Nadar, the founder of HCL Technologies, holds the third spot with a net worth of ₹3.14 lakh crore. Nadar has also been recognized as the most generous Indian in the EdelGive Hurun Philanthropy List 2023.
4. Cyrus Poonawalla
Cyrus Poonawalla, the founder of the Serum Institute of India, is the fourth richest Indian with a net worth of ₹2.89 lakh crore. His wealth has grown 3.1 times since 2020, largely due to the success of his company.
5. Dilip Shanghvi
Dilip Shanghvi, the founder of Sun Pharmaceuticals, has climbed to the fifth position with a net worth of ₹2.50 lakh crore, up from sixth place last year.
6. Kumar Mangalam Birla
Kumar Mangalam Birla, Chairman of the Aditya Birla Group, ranks sixth with a net worth of ₹2.25 lakh crore. Birla’s wealth has seen a remarkable 6.9-fold increase over the past five years.
7. Gopichand Hinduja
Gopichand Hinduja and his family remain in the seventh position with a net worth of ₹1.92 lakh crore. Although their wealth increased by 9%, Hinduja’s rank has slipped from second place in 2020.
8. Radhakishan Damani
Radhakishan Damani is the eighth richest individual with a net worth of ₹1.9 lakh crore. His wealth has doubled in the last five years.
9. Azim Premji
Azim Premji, with a net worth of ₹1.90 lakh crore, is in ninth place. Despite a 25% drop in Wipro’s share price, Premji’s net worth has increased by 27% over the past three years.
10. Niraj Bajaj
Niraj Bajaj rounds out the top 10 with a net worth of ₹1.62 lakh crore, a 35% increase from previous figures. He was honoured as the Hurun Most Respected Industrialist of the Year 2023.
Additional Insights
Bollywood superstar Shah Rukh Khan has debuted on the list with a net worth of ₹7,300 crore, boosted by his stakes in Kolkata Knight Riders and Red Chillies Entertainment.
India has reached a new milestone, adding a billionaire every five days over the past year. The total number of billionaires in India has now exceeded 300, with 334 billionaires listed in the Hurun India Rich List 2024.
