Gautam Adani Overtakes Mukesh Ambani as India’s Richest Person
Gautam Adani and his family are now at the top of the 2024 Hurun India Rich List. This changes how wealth is shared in a big way. Adani, who is worth 156 billion rupees, or 116,000 crore, has knocked Mukesh Ambani out of first place after a long time in charge.
India’s Billionaire Boom
The study says that India had a huge increase in billionaires last year, with a new one being made every five days. This rise is very different from China, where the number of billionaires dropped by 25%. With a record 334 billionaires, India has become Asia’s wealth growth engine. The number of billionaires has grown by 29%.
The Adani Group run by Gautam Adani is 62 years old
It is a company that works in many areas, including ports, power, and infrastructure. His family’s wealth has grown by 95% in the last year, making them the richest people in India. Adani got to this important point in history by making smart business choices and investing wisely.
Mukesh Ambani’s Second Place
President of Reliance Industries Mukesh Ambani, who has a wealth of ₹1,014,700 crore (about $136 billion), is now in second place. What a shame Ambani lost the top spot. He is still a major player in India’s business world.
Other Notable Rankings
- Shiv Nadar & family of HCL Technologies secured the third position with a wealth of ₹314,000 crore.
- Cyrus S Poonawalla & family, known for the Serum Institute of India, occupy the fourth spot.
- Dilip Shanghvi of Sun Pharmaceutical Industries rounds off the top five.
Youngest Billionaire – Kaivalya Vohra, co-founder of Zepto
The 2024 Hurun India rich list also features 21-year-old Kaivalya Vohra, co-founder of Zepto, a $5 billion quick commerce startup. His inclusion underscores the dynamism and youthfulness of India’s entrepreneurial ecosystem.
For the first time, Shah Rukh Khan makes an appearance on the list
His rising stakes in the IPL team Kolkata Knight Riders contributed to his entry. The entertainment industry collectively added ₹40,500 crores to the wealth pool, welcoming seven new entrants.
Taking everything into account, Gautam Adani’s rapid rise and the rise of India’s billionaires show how strong the economy is and how much people want to do well. Things change, but the ground stays the same. There are new leaders who take over, and old giants who change with the times.
