Updated March 27th 2025, 14:40 IST
In a notable development on the Hurun India Rich List 2025, Gautam Adani has made substantial gains, positioning himself as a formidable challenger to Mukesh Ambani's longstanding dominance.
Despite broader economic challenges impacting other billionaires, Adani's wealth surged by 13%, reaching a staggering Rs 8.4 lakh crore. This significant rise solidifies Adani's position as India's second-richest individual, closely trailing Ambani, who saw a slight dip in his net worth to Rs 8.6 lakh crore.
Starting from humble beginnings as a commodities trader, Adani has built a diversified empire spanning ports, power generation, airports, mining, renewables, media, and cement. His ascent to Asia's richest person, however, reflects more than just entrepreneurial prowess; it underscores resilience and strategic expansion in diverse sectors.
India's Wealth Landscape
Mukesh Ambani, with a net wealth of Rs 8.6 lakh crore, retains his title as India's richest person despite a decline of Rs 1 lakh crore from the previous year. Roshni Nadar, entering the top ranks with a net worth of Rs 3.5 lakh crore, inherits her position following her father Shiv Nadar's strategic transfer within HCL.
Dilip Shanghvi's wealth surged by 21% to Rs 2.5 lakh crore, securing him the fifth spot on the list. Mumbai leads among Indian cities, hosting five billionaires in the top ten, followed by New Delhi with two, and contributions from Bengaluru, Ahmedabad, and Pune.
India now boasts 284 billionaires, marking an increase of 13 from the previous year. Indian billionaires have seen their combined wealth increase by 10% over the past year, now averaging Rs 34,514 crore per individual. Among them, India boasts seven billionaires under the age of 40, primarily from Bengaluru and Mumbai. The youngest billionaires in the country are Shashank Kumar and Harshil Mathur, founders of Razorpay, both aged 33, each with a net worth of Rs 8,643 crore.
Published March 27th 2025, 14:40 IST