New aspiring shifts in the ranking structure of the richest Indians (Gautam Adani Tops Hurun Rich List) have been identified in the updated Hurun India Rich List 2024. A new generation of billionaire collectors has emerged through sustained wins to dominate Indian market led by Gautam Adani billionaire who outdo Mukesh Ambani as the richest Indian. Together, the people on the Hurun India Rich List are worth INR 159 lakh crore – more than the GDPs of Saudi Arabia and Switzerland put together and over 50% of India’s GDP.
Leading the List is Gautam Adani While Mukesh Ambani is Second
It will be a dramatic climb from the previous year’s ranking as Gautam Adani was able to occupy the top of Hurun India Rich List in 2024. According to Forbes report in 2023, Adani ‘s net worth reduced by 57% to INR 4.74 lakh crore, most of has been added because of allegations made by the US- based short seller Hindenburg Research. Nevertheless, due to these challenges Adani’s wealth has increased and he has been able to overtake Mukesh Ambani, who hitherto was ranked as the richest Indian with a net worth estimated at INR 8.08 lakh crore.
Shiv Nadar and family – the Company’s founder – is ranked third
Shiv Nadar, the founder of HCL, and his family rank up one place higher and are now India’s third wealthiest people with the net worth of INR 3.14 lakh crore. This rise depicts that HCL has exhibited a consistent performance in the global area of IT industry. However, Cyrus Poonawalla of the Serum Institute of India has lowered to the fourth in list having total assets of INR 2.89 lakh billion.
Apart from this Dilip Shanghvi also continues to rise in the corporate ladder
The founder of Sun Pharmaceuticals, Dilip Shanghvi has ranked up from the list of the sixth richest man in India to the fifth richest man and has been continually improving his wealth. Given that, his money assets have swelled and his net worth now stands at INR 2.50 lakh crore shot by him boasting about the strength of his pharmaceutical company.
Radha Vembu: The World’s Richest Self-Made Female
Zoho’s Radha Vembu ranks as the richest self made woman in India with an estimated worth of INR 47,500 crore. This success also indicates the increasing role that women in India are now getting involved in the country’s economic activity. Further, Zepto claimed the Billionaires list by its teen-aged co-founders Kaivalya Vohra, net worth of INR 3,600 crore and Aadit Palicha with the net worth of INR 4,300 crores, thus making them the youngest billionaires in the country.
Shah Rukh Khan Steps into the Rich List
On this occasion, it is also significant to note that Bollywood’s much-acclaimed actor, Shah Rukh Khan has also for the first time made it to the Hurun India Rich List with an approximate net worth of INR 7,300 crore. He is even richer than his business associate Juhi Chawla, who has an estimated worth of INR 4,600 crore or 460 million USD, making her the second of Bollywood entertainment.
India Is Home to World’s Third Largest Billionaire Population
However, the Hurun India Rich List 2024 exhibit a tremendous leap in the concentration of billionaires in the country. In the past seven years, the number has surged six fold and currently, there are close to 334 billionaires. It has crossed 1,539 from 1,319 people and 220 new entrants in this year’s list analyzed by Bloomberg, with a net worth of Rs 1,000 crore and above.
A glimpse of India’s Economic Dominance
This year’s Hurun India Rich List shows that the total net worth of people on the list has gone up by 46 percent, proving that the economy of India is growing steadily. This group of people has an estimated net worth equivalent to Saudi Arabia and Switzerland’s collective GDP, a total of INR 159 lakh crore. This figure simply underlines the nature of distribution of the wealth in India where the extent of inequality is staggering and the new rich actually contributes to the country’s GDP.
It is eye-opening to look at the Hurun India Rich List and understand the dynamics of India’s growing economy as the country proves to be home to large successful business magnates.
Hurun India Rich List 2024: Top 10 Richest Indians
| Rank | Name | Net worth (in INR, crores) | Company Name | Residing in |
| 1 | Gautam Adani & family | 11,61,800 | Adani Group | Ahmedabad |
| 2 | Mukesh Ambani & family | 10,14,700 | Reliance Industries | Mumbai |
| 3 | Shiv Nadar & family | 3,14,000 | HCL Technologies | New Delhi |
| 4 | Cyrus S Poonawalla & family | 2,89,800 | Serum Institute of India | Pune |
| 5 | Dilip Shanghvi | 2,49,900 | Sun Pharmaceutical Industries | Mumbai |
| 6 | Kumar Mangalam Birla & family | 2,35,200 | Aditya Birla Group | Mumbai |
| 7 | Gopichand Hinduja & family | 1,92,700 | Hinduja Group | London |
| 8 | Radhakishan Damani & family | 1,90,900 | Avenue Supermarts | Mumbai |
| 9 | Azim Premji & family | 1,90,700 | Wipro | Bengaluru |
| 10 | Niraj Bajaj & family | 1,62,800 | Bajaj Auto | Mumbai |
Conclusion
So, in today’s article, we explored the Hurun India Rich List 2024. If you found this article helpful in any way, please let us know in the comments. Be sure to follow CNA Times.
I am Praveen Kumar, a 21-year-old passionate about writing and staying informed. On CNA Times, I bring the latest news and updates, offering readers accurate and insightful information with my expertise and dedication.