Hurun India Rich List 2024: Gautam Adani replaces Mukesh Ambani as India’s Richest Person

Hurun India Rich List 2024 was released on 27 August 2024, showcasing shifts in wealth rankings among India’s top business magnates.

  • Gautam Adani secured the top spot, surpassing Mukesh Ambani, with wealth increasing by 95% to approximately ₹11.6 lakh crore.
  • Mukesh Ambani held the second position with a total wealth of ₹10.1 lakh crore.
  • The Shiv Nadar family ranked third, followed by Cyrus S. Poonawalla and Dilip Shanghvi in the top five.

Consistently in the Top 10 for the past five years: Gautam Adani, Mukesh Ambani, Shiv Nadar, Cyrus S. Poonawalla, Gopichand Hinduja, and Radhakishan Damani.

The total number of Indian billionaires rose to 334, with combined wealth amounting to ₹159 lakh crore, exceeding the combined GDP of Saudi Arabia and Switzerland. 55 tech entrepreneurs appeared on the list, collectively holding ₹2,87,100 crore, with an average age of 40. India’s number of billionaires increased by 29% to a record 334, while China’s number of billionaires declined.

  • The youngest billionaire is 21-year-old Kaivalya Vohra, co-founder of Zepto.
  • The youngest self-made woman is Neha Bansal, co-founder of Lenskart.
  • The list includes 52 founders of 29 unicorns, highlighting India’s growth as a hub for wealth creation in Asia.

The 2024 Hurun India Rich List includes 1,539 individuals, representing wealth creators from various sectors, including startups, family businesses, private equity, next-gen leaders, and film stars.

Q.: Who is ranked as India’s Richest Person, as per the Hurun India Rich List 2024?

A) Mukesh Ambani
B) Shiv Nadar
C) Cyrus S. Poonawalla
D) Gautam Adani

Answer: D) Gautam Adani
Gautam Adani secured the top spot, surpassing Mukesh Ambani, with wealth increasing by 95% to approximately ₹11.6 lakh crore.

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