The Forbes Richest List for the year 2024 unveils a significant surge in India’s billionaire count, marking a historic moment with 25 new entrants into the elite league. This surge has propelled India’s billionaire count to a record high of 200 individuals, a remarkable increase from the 169 billionaires recorded in the previous year.
Overview of Forbes Richest List 2024
This year’s Forbes list showcases a remarkable feat for India’s economic landscape. With a record number of billionaires, the country solidifies its position as a hub for wealth creation. The combined wealth of these Indian billionaires stands at a staggering $954 billion, reflecting a remarkable 41% increase from the previous year’s total wealth of $675 billion.
Record Number of Indian Billionaires
The surge in India’s billionaire count underscores the nation’s growing economic prowess and entrepreneurial spirit. The 25 new entries into the Forbes list signify the emergence of new business leaders and the expansion of existing enterprises across various sectors.
Richest People in India
Leading the pack among Indian billionaires is Mukesh Ambani, Chairman, and Managing Director of Reliance Industries Ltd (RIL), with a formidable net worth of $116 billion. Following closely behind is Gautam Adani, with a net worth of $84 billion, highlighting the significant contributions of the conglomerate Adani Group to India’s economic landscape.
Indians on the Global Ranks
While Mukesh Ambani stands tall as the only Indian in the top 10 global billionaires, several other Indian business magnates have secured notable positions on the global scale. These individuals represent diverse sectors ranging from technology to pharmaceuticals, showcasing India’s diverse economic prowess on the global stage.
Top Richest People in India (April 2024)
- Mukesh Ambani: Net worth $116 billion (9th rank globally)
- Gautam Adani: Net worth $84 billion (17th rank globally)
- Shiv Nadar: Net worth $36.9 billion (39th rank globally)
- Savitri Jindal & family: Net worth $33.5 billion (46th rank globally)
- Dilip Shanghvi: Net worth $26.7 billion (69th rank globally)
- Cyrus Poonawalla: Net worth $21.3 billion (90th rank globally)
- Kushal Pal Singh: Net worth $20.9 billion (92nd rank globally)
- Kumar Mangalam Birla: Net worth $19.7 billion (98th rank globally)
- Radhakishan Damani: Net worth $17.6 billion (107th rank globally)
- Lakshmi Mittal: Net worth $16.4 billion (113th rank globally)
- Ravi Jaipuria: Net worth $16.2 billion (115th rank globally)
- Uday Kotak: Net worth $13.3 billion (148th rank globally)
- Azim Premji: Net worth $12 billion (165th rank globally)
Top Billionaires in the World (April 2024)
The global landscape of wealth showcases a diverse array of individuals hailing from various countries and industries. The top billionaires in the world, as per Forbes Richest List 2024, include:
- Bernard Arnault & family: Net worth $233 billion
- Elon Musk: Net worth $195 billion
- Jeff Bezos: Net worth $194 billion
- Mark Zuckerberg: Net worth $177 billion
- Larry Ellison: Net worth $114 billion
- Warren Buffett: Net worth $133 billion
- Bill Gates: Net worth $128 billion
- Steve Ballmer: Net worth $121 billion
- Mukesh Ambani: Net worth $116 billion
- Larry Page: Net worth $114 billion
India’s presence among the global elite highlights the nation’s growing influence on the world stage and the remarkable achievements of its business leaders in various sectors.
In conclusion, India’s Billionaire Club expanding with 25 new entries in the Forbes Richest List 2024 signifies a momentous leap for the nation’s economy, reflecting its vibrant entrepreneurial landscape and burgeoning wealth creation potential.