Mukesh Ambani and his family have maintained their position as India’s wealthiest, with a net worth of ₹9.55 lakh crore, according to the 14th edition of the M3M Hurun India Rich List 2025 released Tuesday.
Gautam Adani and his family secured second place with ₹8.15 lakh crore, continuing the intense competition at the apex of India’s billionaire rankings.
Historic Achievement for Roshni Nadar
Roshni Nadar Malhotra and her family entered the top three for the first time, recording a net worth of ₹2.84 lakh crore, making her India’s richest woman. The report highlighted the growing presence of women entrepreneurs reshaping the country’s wealth landscape.
Billionaire Class Expands Rapidly
India’s billionaire count has crossed 350, representing a sixfold increase since the list’s inception 13 years ago. Their collective wealth totals ₹167 lakh crore, approximately half of India’s GDP, according to the report published in The Economic Times.
Aravind Srinivas, 31, founder of Perplexity, became India’s youngest billionaire with ₹21,190 crore. Bollywood actor Shah Rukh Khan joined the billionaire club for the first time with a net worth of ₹12,490 crore, demonstrating the convergence of entertainment and business success.
Niraj Bajaj and his family recorded the highest absolute gain, adding ₹69,875 crore to reach ₹2.33 lakh crore, illustrating the dynamic nature of wealth creation across sectors.
Geographic and Sectoral Distribution
Mumbai remains India’s billionaire capital with 451 of the wealthiest individuals, followed by New Delhi with 223 and Bengaluru with 116.
Pharmaceuticals led sector representation with 137 entrants, followed by industrial products with 132 and chemicals and petrochemicals with 125.
Women and Self-Made Entrepreneurs
The 2025 list features 101 women, including 26 dollar billionaires, reflecting increasing female entrepreneurship. Self-made individuals constitute 66 percent of the list, with 74 percent of new entrants having built their fortunes independently, underscoring India’s entrepreneurial spirit.
The report indicates that wealth creation in India continues to accelerate, with new billionaires emerging from diverse sectors and backgrounds, including younger entrepreneurs and entertainment personalities alongside traditional business families.
