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As of April 2023, India has 167 billionaires, which put the country third in the world, after the United States and China. [1] Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, has been the richest Indian for 14 consecutive years. [2] He is currently world's 10th richest person in the world according to Forbes. [3]
Each year, Forbes India issues a list of India's richest people, called the "India Rich List". [1] [2] Since 2008, Mukesh Ambani has been the richest Indian, with his wealth based in Reliance Industries. [3] [4] except for 2022 where Gautam Adani displaced him.
Per Forbes (April 2024) [1]; Rank Rank per capita Country/Territory Billionaires Rate - World 2,781: 0.343 1 11 United States 813: 2.420 2 53 China 406: 0.288 3 58 India 200: 0.144
The current total number of billionaires in India is ... which occurred during the inter-war colonial period from the 1930s until India’s independence in 1947, the top 1% held around 20 to 21% ...
[5] [19] This was the first time after 12 years that Carlos Slim was not within the top five. The U.S. had the most billionaires in the world, with a record of 565. China had 319 (not including Hong Kong, Taiwan or Macau), Germany had 114, and India had the fourth most with 101; India reached over 100 billionaires for its first time.
Bollywood and billionaires: India’s rich and famous cast their vote in the world’s largest election. Rhea Mogul, CNN. May 21, 2024 at 2:17 AM.
By late 2022, it had reached its $22 billion valuation, making it India’s top startup and crowning Raveendran, now 42, one of India’s youngest billionaires. But months later, Byju’s started ...
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