Home » India’s Billionaire Boom: A 360° Look at Wealth, New Entries, and Star Sign Secrets

Last Updated on October 12, 2023 by BFSLTeam BFSLTeam

India's Billionaire Boom: Hurun India Rich List 2023 Unveiled

Hurun India’s 2023 wealth report highlights a surge of 76% in individuals with Rs1,000 crore wealth over the past five years.The latest wealth report introduces a staggering 278 new entrants to India’s billionaire club, collectively amassing a whopping Rs 7,28,200 crore.

Breaking down the numbers, the report identifies Industrial Products and Metals & Mining as the top industries, contributing significantly to the surge in new billionaire entries, with 33 and 29 individuals respectively.

Here’s a List of Top 10 Billionaire:

1) Mukesh Ambani; $92 billion

2) Gautam Adani; $68 billion

3) Shiv Nadar: $29.3 billion

4) Savitri Jindal; $24 billion

5) Radhakishan Damani; $23 billion

6) Cyrus Poonawalla; $20.7 billion

7) Hinduja Family; $20 billion

8) Dilip Shanghvi; $19 billion

9) Kumar Birla; $17.5 billion

10) Shapoor Mistry & Family; $16.9 billion

Mukesh Ambani Reclaims India’s Wealthiest Billionaire at $92 Billion

Chairman of Reliance Industries, Mukesh Ambani, secures the numero uno position on the Forbes 2023 list of India’s 100 Richest with a remarkable net worth of $92 billion. While, Gautam Adani, previously India’s richest, faces a significant wealth dip due to adverse market reports but bounces back to secure the second position with a net worth of $68 billion.

Demographic Trends: Surge of New Billionaires and Self-Made Entrepreneurs

Wealth distribution in India sees a 76% rise, with 1,319 individuals now possessing wealth exceeding Rs 1,000 crore. A striking 66% of the list is constituted by self-made entrepreneurs.

Major Indian cities significantly influence the billionaire landscape, with Mumbai leading with 328 billionaires, followed by New Delhi (199) and Bengaluru (100). Tiruppur marks its debut in the top 20 cities contributing to the list.

Star Sign Secrets: Zodiac Influence on Billionaire Status

Unveiling astrological connections to wealth, Pisces emerges as the leading star sign in wealth accumulation, followed by Taurus and Libra. Virgo takes the spotlight as the most prevalent sign among successful entrepreneurs.

Sectoral Success: Pharmaceuticals, Chemicals, and Autos Drive Billionaire Growth

The pharmaceutical sector dominates in producing the highest number of dollar billionaires (39), closely followed by Chemicals and Petrochemicals (23) and Automobile and Auto Components (22).

Youthful Triumph: India’s Youngest Self-Made Billionaire at 20

Kaivalya Vohra, a 20-year-old co-founder of Zepto, a grocery delivery app, stands out as the youngest self-made and youngest wealthy individual in the billionaire league.

Meanwhile, Radha Vembu, the driving force behind Zoho, has topped tabs as the richest self-made Indian woman, surpassing Falguni Nayar. Beyond this, 12 other Indians born in the 90s era have made their way to the list.

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