Hurun India Rich List 2024: Gautam Adani at top with 95% surge in wealth, Mukesh Ambani second

Gautam Adani, the chief of ports-to-power conglomerate Adani Group, has taken the top spot in the Hurun India Rich list 2024 released on Thursday, August 29.

Adani, 62, along with his family logged a 95% jump in wealth in the last year to ₹1,161,800 crore. This takes him ahead of Reliance Industries Ltd (RIL) chairman Mukesh Ambani, who has slipped from the first to the second spot in the elite list.

Ambani and his family's wealth stands at ₹1,014,700 crore, down 25% as compared to last year, as per the release issued by Hurun India.

Shiv Nadar and family, who head HCL, are a distant third with their wealth stated as ₹314,000 crore.

The fourth on the list is Serum Institute of India's Cyrus Poonawalla and family, with wealth of ₹289,800 crore, whereas, the fifth position is held by Sun Pharmaceutical Industries' managing director Dilip Shanghvi, whose wealth is seen at ₹249,900 crore.

Check top 10 on Hurun India Rich List 2024

• Gautam Adani and family (Wealth: ₹1,161,800 crore
• Mukesh Ambani and family (Wealth: ₹1,014,700 crore)
• Shiv Nadar and family (Wealth: ₹314,000 crore
• Cyrus Poonawalla and family (Wealth: ₹289,800 crore)
• Dilip Shanghvi (Wealth: ₹249,900 crore)
• Kumar Mangalam Birla and family (Wealth: ₹235,200 crore)
• Gopichand Hinduja and family (Wealth: ₹192,700 crore)
• Radhakishan Damani and family (Wealth: ₹190,900 crore)
• Aziz Premji and family (Wealth: ₹190,700 crore)
• Niraj Bajaj and family (Wealth: ₹162,800 crore)

334 billionaires in India

In its press release, Hurun India stated that India now has 334 billionaires, logging a jump of 75 billionaires as compared to the last year.

The number of individuals in the country whose wealth exceeds ₹1,000 crore is 1,539, up by 220 individuals as against the past year.

The cumulative wealth has increased by 46%, while average wealth has increased by 25%, it added.

"1,334 individuals saw their wealth increase or stay the same, of which 272 are new faces, whilst 205 saw their wealth drop and there were 45 dropouts," the release said.

"While China saw a 25% decline in its number of billionaires, India experienced a 29% increase, reaching a record 334 billionaires. For the first time, the Hurun India Rich List features 1,539 entrants, showcasing a diverse range of wealth creators—from family-run businesses and startup founders to private equity investors, angel investors, next-generation leaders, film stars, and more," Anas Junaid, Founder and Chief Researcher, Hurun India, said.