India has 284 billionaires with astounding Rs 98 lakh crore wealth: Hurun list

Published 27-03-2025, 04:15 pm
© Reuters.  India has 284 billionaires with astounding Rs 98 lakh crore wealth: Hurun list

New Delhi, March 27 (IANS) India’s billionaire count has grown to 284, with their combined wealth reaching an astounding Rs 98 lakh crore, a new report said on Thursday.The ‘Hurun Global Rich List for 2025’ shows that the country’s wealthiest individuals have seen a 10 per cent rise in their total fortune over the past year. Mumbai alone has 90 billionaires.

India remains strong on the global stage, ranking third in the number of billionaires, behind only the United States and China. The US tops the list with 870 billionaires.

The Hurun report also highlights that 175 Indian billionaires have seen their wealth increase, while 109 either experienced a decline or no change in their fortunes.

The average wealth of an Indian billionaire now stands at Rs 34,514 crore. Additionally, India is home to seven billionaires under the age of 40, primarily from the cities of Bengaluru and Mumbai.

On the global front, Tesla (NASDAQ:TSLA) and SpaceX CEO Elon Musk recorded the biggest wealth surge, gaining $189 billion over the past year. The billionaire retained his title as the world’s richest person for the fourth time in five years, becoming the first individual to cross the $400 billion mark.

Amazon (NASDAQ:AMZN) Founder Jeff Bezos followed in second place with a net worth of $266 billion. Meanwhile, Meta (NASDAQ:META) CEO Mark Zuckerberg secured a spot in the top three for the first time, driven by strong investor confidence in Meta’s AI and tech advancements.

This year’s Hurun list also saw notable names from entertainment, sports, and social media. Among them were singers Jay-Z, Rihanna, Taylor Swift, and Paul McCartney.

The sports personalities who made it to the billionaire club included Michael Jordan, Tiger Woods, Floyd Mayweather, LeBron James, Cristiano Ronaldo, and Lionel Messi. Kim Kardashian was the only influencer to feature in the global rankings.

--IANS

pk/na/vd

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.