Hurun Rich List 2024: Gautam Adani Now India's Wealthiest Person, Pips Mukesh Ambani; SRK Makes Debut

The Hurun India Rich List 2024 is out.

Gautam Adani (62) and his family, with a wealth of Rs 11.6 lakh crore, have overtaken Mukesh Ambani to secure the top spot in the 2024 Hurun India Rich List.

According to the report, India created a new billionaire every five days in the past year.

Wealth calculations are based on figures as of July 31, 2024.

"India is emerging as Asia's wealth creation engine! While China saw a 25% decline in its number of billionaires, India experienced a 29% increase, reaching a record 334 billionaires," stated Anas Rahman Junaid, Founder and Chief Researcher of Hurun India.

In the 2024 Hurun India Rich List, Mukesh Ambani is ranked second with a wealth of Rs 1,014,700 crore.

Shiv Nadar & family of HCL Technologies occupy the third position, with a wealth of Rs 314,000 crore.

Cyrus S. Poonawalla & family of Serum Institute of India are in fourth place, followed by Dilip Shanghvi of Sun Pharmaceutical Industries.

Over the past five years, six individuals have consistently remained in India's top 10: Gautam Adani & family, Mukesh Ambani & family, Shiv Nadar, Cyrus S. Poonawalla & family, Gopichand Hinduja & family, and Radhakishan Damani & family.

The youngest billionaire in India for 2024 is 21-year-old Kaivalya Vohra, co-founder of Zepto, a $5 billion quick commerce startup.

His co-founder, 22-year-old Aadit Palicha, is the second youngest on the list.

In a first, Bollywood superstar Shah Rukh Khan has made it onto the Hurun India Rich List, thanks largely to the rising value of his stake in the IPL team Kolkata Knight Riders.

Entertainment industry listers added Rs 40,500 crore in wealth in just one year, with seven new entrants to the list.