Delhi, August 29, 2024 – As the world continues to evolve and economies expand, the number of billionaires is on the rise. As per Hurun India Rich List 2024, Mumbai has made a significant leap to secure third place in the world in terms of billionaires, with a total of 386 calling the city their home.
Full Indian Cities List with the Most Billionaires
Mumbai: As always, Mumbai leads the pack with 386 individuals on the list, making it India’s financial powerhouse. The city is home to the richest person in India, Gautam Adani, with a net worth of ₹11.6 lakh crore followed by Mukesh Ambani’s 10.14 Lakh Crore.
New Delhi: The capital city ranks second with 217 entries. The city is known for its concentration of industrialists and politicians who have amassed significant wealth.
Hyderabad: Hyderabad ranks fifth with 66 entries, reflecting the city’s growing status as a hub for technology, pharmaceuticals, and real estate.
Bengaluru: Known as the Silicon Valley of India, Bengaluru comes in 4th with 100 entries in Hurun India Rich List 2024. This reflects the city’s dominance in the tech sector, with many of India’s IT tycoons residing here.
Chennai: This city hosts 82 wealthy individuals, making it a significant player in sectors like manufacturing, technology, and textiles.
Kolkata: With 69 entries, Kolkata is another significant city on the Hurun India Rich List 2024, showcasing the wealth accumulated in sectors like jute, tea, and real estate.
Ahmedabad: With 67 individuals, Ahmedabad has emerged as a major center of wealth, largely driven by industrialists and business tycoons, particularly those associated with the Adani & Ambani Group.
Pune: Pune has seen a rise in its billionaire count, with 53 entries. This reflects the city’s expanding influence in industries like pharmaceuticals and manufacturing.
Surat: Known for its diamond industry, with 28 individuals on the Hurun India Rich List 2024, highlighting its role in the jewelry and textile sectors.
Gurugram: This city has become a wealth hub, with 23 entries, driven by the growth of corporate offices, real estate, and the technology sector.
Hurun India Rich List 2024: India’s Wealthiest Revealed
1. Gautam Adani
- Wealth: ₹11.61 Lakh Crore
- Business: Adani Group
2. Mukesh Ambani
- Wealth: ₹10.14 Lakh Crore
- Business: Reliance Industries
3. Cyrus S. Poonawalla
- Wealth: ₹3.89 Lakh Crore
- Business: Serum Institute of India
4. Shiv Nadar and Family
- Wealth: ₹3.14 Lakh Crore
- Business: HCL Technologies
5. Dilip Shanghvi
- Wealth: ₹2.49 Lakh Crore
- Business: Sun Pharmaceuticals
6. Kumar Mangalam Birla and Family
- Wealth: ₹2.35 Lakh Crore
- Business: Aditya Birla Group
7. Gopi Chand Hinduja and Family
- Wealth: ₹1.92 Lakh Crore
- Business: Hinduja Group
8. Radha Kishan Damani and Family
- Wealth: ₹1.90 Lakh Crore
- Business: DMart
9. Azim Premji and Family
- Wealth: ₹1.90 Lakh Crore
- Business: Wipro
10. Niraj Bajaj and Family
- Wealth: ₹1.62 Lakh Crore
- Business: Bajaj Group
These billionaires are shaping the future of India’s economy with their successful businesses and immense wealth.
India’s Youngest Billionaire in the list
Kaivalya Vohra, the 21-year-old co-founder of Zepto, has become the youngest billionaire in India according to the Hurun India Rich List 2024. With a net worth of around ₹3,600 crore, Vohra’s rise to wealth has captured attention nationwide.
Zepto’s success has been remarkable, achieving unicorn status with a valuation of $1.4 billion by August 2023. Vohra’s entrepreneurial achievements have not gone unnoticed, as he has also been featured in Forbes’ 30 under 30 Asia list, marking his influence on a global scale.
Hurun India Rich List 2024 is notable for its diversity, featuring 1,539 individuals with net worths exceeding ₹1,000 crore, including 272 newcomers. Vohra’s inclusion highlights the growing trend of young entrepreneurs who are reshaping India’s business landscape.
