Hurun India Rich List 2019: Mukesh Ambani richest Indian

September 26, 2019

Reliance Industries’ Chairman Mukesh Ambani is India’s richest man as mentioned in the IIFL Wealth-Hurun India Rich List 2019. He has topped the list of richest Indians for the 8th consecutive year. He currently has a net worth of Rs 3.8 lakh crore.

IIFL Wealth-Hurun India Rich List 2019

The 8th edition of report was released by Hurun Report India and IIFL Wealth Management.

London-based SP Hinduja & family, with assets worth Rs.1.86 lakh crore, retained 2nd rank in the list, while Wipro founder Azim Premji secured 3rd place with a net wealth of Rs.1.17 lakh crore.

Key Findings of List

As per latest IIFL Wealth Hurun India Rich List, the number of Indians having a net worth of over Rs1,000 crore has grown to 953 this year from 831 in 2018.
The number of Indians billionaires in terms of US dollar has reduced to 138 from 141.
The combined wealth of top 25 Indians in list equates to 10% of India’s GDP and that of 953 accounts for 27%.
Although cumulative wealth for 2019 shows an increase of 2% compared to 2018 but the average wealth shows a decline of 11%.
With 246 individuals (or 26% of list), Mumbai is absolute capital when it comes to the residence of top entrepreneurs of India. Mumbai is followed by New Delhi (175) and Bengaluru (77).