BOOMING BILLIONAIRES

Blitz Bureau

Hurun Global Rich List 2025 includes 284 super ultra high networth individuals from India, 13 more than last year

India now ranks third in the world for number of billionaires, with 284 on the Hurun Global Rich List 2025. Mukesh Ambani remains the richest person in Asia, with a fortune of Rs 8.6 trillion, despite a Rs 1 trillion drop from last year. He edged ahead of Gautam Adani, whose wealth rose by 13 per cent to Rs 8.4 trillion.

13 new billionaires
India added 13 new billionaires this year, bringing the total to 284. The combined wealth of Indian billionaires stands at Rs 98 trillion — about one-third of India’s GDP and more than Saudi Arabia’s entire GDP. Of these 284 individuals, 175 saw their wealth rise, while 109 saw it decline or remain flat.

Mumbai remains India’s billionaire hub with 90 names, although it lost its title as Asia’s billionaire capital to Shanghai. Shanghai now has 92 billionaires, while Beijing follows with 91. Mumbai added 11 new entrants, more than London (7) and Beijing (8).

1. Mukesh Ambani, Reliance Industries – Rs 8.6 trillion
2. Gautam Adani, Adani Group – Rs 8.4 trillion
3. Roshni Nadar, HCL – Rs 3.5 trillion
4. Dilip Shanghvi, Sun Pharma – Rs 2.5 trillion
5. Azim Premji, Wipro – Rs 2.2 trillion
6. Kumar Mangalam Birla, Aditya Birla Group – Rs 2 trillion
7. Cyrus Poonawalla, Serum Institute – Rs 2 trillion
8. Niraj Bajaj, Bajaj Auto – Rs 1.6 trillion
9. Ravi Jaipuria, RJ Corp – Rs 1.4 trillion
10. Radhakishan Damani, Avenue Supermarts – Rs 1.4 trillion

Five of the top ten are based in Mumbai. New Delhi contributes two names, while Bengaluru, Pune and Ahmedabad have one each.

India’s billionaire profile
• Average wealth: Rs 34,514 crore, higher than China’s Rs 29,027 crore
• Average age: 68, two years above the global average
• Youngest billionaires: Shashank Kumar and Harshil Mathur (Razorpay), both aged 34 with Rs 8,643 crore
• Youngest globally: Wang Zelong of China, aged 29, also worth Rs 8,643 crore
There are 22 Indian women on the list with a combined net worth of Rs 9 trillion.

Top sectors in India
• Healthcare: 53 billionaires
• Consumer goods: 35
• Industrial products: 32

India vs China and the US
• United States: 870 billionaires
• China: 823
• India: 284
India added 45 new faces this year. In terms of wealth growth, 130 Indians saw an increase, compared to 285 in China and 544 in the US. Indian billionaires’ wealth rose 10% year-on-year, compared to 9% in China and 27% in the US.

Biggest Indian wealth gainers
• Gautam Adani: Up Rs 1 trillion
• Irfan Razack (Prestige Group): 167% rise
• Sajjan Jindal (JSW Group): Up Rs 44,944 crore
• Sanjay and Alpana Dangi:80% increase

Global Top 10 Women Billionaires
The world’s 10 wealthiest women have a combined net worth of $479 billion, making up 20 per cent of the total wealth held by women on the Hurun Global Rich List 2025.

Walmart heiress topped the list with a fortune of $102 billion, while India’s Roshni Nadar & family broke into the list with $40 billion. Among the 561 women featured on the list, 224 are self-made, according to the list released on March 27.

China continues to dominate the rankings, contributing 72 per cent of the world’s richest women. Diane Hendricks, the 77-year-old ‘Roofing Queen’ from ABC Supply, remains the world’s wealthiest self-made woman for the third consecutive year, with a net worth of $23 billion.

Overall, the Hurun Global Rich List 2025 features 3,442 billionaires from 71 countries, marking a 5 per cent increase from last year’s 3,278. Their combined wealth surged by 13 per cent, with 387 new entrants, including 96 from the United States, 91 from China, and 45 from India. Meanwhile, 177 individuals lost their billionaire status, with nearly half from China.

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