Again this is the time of the year when Hurun India Rich List hits the market and this year Mukesh Ambani has reclaimed the title of the richest Indian, surpassing Gautam Adani.
Hurun India Rich List 2023
Moreover, Mukesh Ambani’s wealth has surged from ₹165,100 crore in 2014 to nearly ₹808,700 crore, marking an impressive four-fold increase, according to the Hurun India Rich List 2023.
On October 10, Hurun India and 360 Wealth released the 360 ONE Wealth Hurun India Rich List 2023.
Gautam Adani (61), the chairman of the Adani group, slipped to the second position and experienced a staggering decrease in wealth, as per the Hindenburg report.
To be specific, Adani slipped to the second position with a wealth of ₹474,800 crore.
Interestingly, Cyrus S Poonawalla has maintained his position at number three with a total wealth of ₹2,78,500 crore as of 2023.
The fourth place in the list is occupied by the Shiv Nadar with a wealth of ₹2,28,900 crore, followed by Gopichand Hinduja & family at ₹1,76,500 crore.
Dilip Shanghvi secured the sixth spot with ₹1,64,300 crore.
At the same time, LN Mittal & family is at number seven position with ₹1,62,300 crore.
Radhakishan Damani & family have occupied the number eight position with a wealth of Rs1,43,900 crore.
With the wealth of ₹1,25,600 and ₹1,20,700 crore, Kumar Mangalam Birla & family, and Niraj Bajaj & family are in ninth and tenth positions respectively on Hurun India Rich List 2023.
Remarkable Surge In Wealth
The Co-Founder of 360 ONE and Joint CEO of 360 ONE Wealth, Yatin Shah said, “With 1,319 individuals now possessing ₹1,000 crore or more, we are witnessing a remarkable surge, up by 76 per cent over the last five years. The cumulative wealth of our listers has surged to ₹109 lakh crore, surpassing the combined GDP of Singapore, UAE, and Saudi Arabia. This year’s list highlights the immense entrepreneurial spirit of the country, with 64 percent being self-made.”
Below is the 360 ONE Wealth Hurun India Rich List 2023 – Top 10 wealth growth over five years
1.Mukesh Ambani- ₹808,700 crore
2.Gautam Adani- ₹474,800 crore
3.Cyrus S Poonawalla- ₹2,78,500 crore
4.Shiv Nadar- ₹2,28,900 crore
5.Gopichand Hinduja- ₹1,76,500
6. Dilip Shanghvi – ₹1,64,300
7. LN Mittal & family- ₹1,62,300
8.Radhakishan Damani- ₹1,43,900
9.Kumar Mangalam Birla- ₹1,25,600
10.Niraj Bajaj- ₹1,20,700
Presently, India has 259 billionaires, which is up by 38 compared to last year.