Thrissur has entered the top 10 Indian cities in the M3M Hurun India Rich List 2026, ranking 10th with a combined wealth of ₹1.73 lakh crore among the wealthy individuals associated with the city. Thrissur is the only city from Kerala to feature in the top 10, according to the latest edition of the list released on Wednesday.
The 15th edition of the M3M Hurun India Rich List features 1,810 individuals across 163 cities, each with a net worth of at least ₹1,000 crore. India now has 391 dollar billionaires, 27 more than the previous year. The combined wealth of those featured in the list rose 12.8 per cent to ₹187.5 lakh crore, even as the Nifty 50 and Sensex recorded declines during the period covered by the report.
Hurun India founder and chief researcher Anas Rahman Junaid said Thrissur’s wealth has been built largely around businesses in gold, jewellery and retail, with several local companies growing from regional businesses into global brands.
Thrissur’s position in the national wealth ranking comes shortly after the city also received recognition in the Oxford Economics Global Cities Index 2026, where it was placed ahead of Kochi and several larger Indian cities among the world’s top 1,000 cities.
The city has several prominent names on the Hurun list. Joy Alukkas, associated with the jewellery retail group, is ranked 21st nationally with wealth of ₹1,02,200 crore. T S Kalyanaraman and family of Kalyan Jewellers are ranked 64th with ₹40,900 crore, while V P Nandakumar of Manappuram Finance has wealth of ₹15,900 crore. Jos Alukkas and family are listed with wealth of ₹14,000 crore.
The list could have included more names with links to Thrissur if individuals based elsewhere but originally connected to the city had been counted based on their roots. These include Yusuffali MA, Kochouseph Chittilappilly and M P Ramachandran.
Across Kerala, more than 32 individuals feature in the 2026 list, with their combined wealth estimated at around ₹6.3 lakh crore. A significant part of Kerala’s wealth story has been linked to businesses and investments built through the Gulf diaspora, with wealth later brought back to or invested in the state.
