Once again, the wealthiest Indian is Mukesh Ambani, Chairman of Reliance Industries Ltd., according to the ‘360 One Wealth Hurun India Rich List 2023’, which was released in Chennai on October 10.
Ambani came out on top with a net worth of Rs 808,800 crore, an increase of 2% over the previous year.
Despite a 57% decline in wealth, industrialist Gautam Adani placed second on the list, with a fortune of Rs 474,800 crore.
While Adani outpaced Ambani by Rs 3 lakh crore in 2018, Ambani is expected to increase his lead to Rs 3.3 lakh crore by 2023.
Cyrus S. Poonawalla, who makes vaccines (Rs 278,500 crore), Shiv Nadar, who runs the HCL Group (Rs 228,900 crore), Gopichand Hinduja, who runs the Hinduja Group (Rs 176,500 crore), and Dilip Shanghvi, who runs Sun Pharmaceuticals (Rs 164,300 crore), round up the top five richest businessmen.
The number of people in the world who are worth above Rs 1,000 crore grew by 216 to 1,319, the survey said.
More than the combined GDP of Singapore, the UAE, and Saudi Arabia, the wealth of India’s affluent list was Rs 109 lakh crore.
Kaivalya Vohra, the founder of Zepto, at age 20, was named the youngest wealthiest Indian.
However, in 2023, 94-year-old Mahendra Ratilal Mehta made his debut on the Forbes 400 as the founder of Precision Wires India.
According to the list, there are 84 company founders in the 2023 ranks, with a combined fortune of Rs 423,600 crore and an average age of 41.
In 2023, Radha Vembu, 50, of Zoho, surpassed Falguni Nayar as the world’s wealthiest self-made woman.
Tiruppur, a hosiery town in Tamil Nadu, entered the list of the top 20 cities with the most participants (328 people) for the first time.
On social networking site X, Ratan Tata of the Tata Group has 12.6 million followers, with Anand Mahindra of the Mahindra & Mahindra Group coming in second with 10.8 million.