India's Billionaire Count Reaches 284 with Remarkable Rs 98 Lakh Crore Wealth: Hurun Report
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Synopsis
According to a new report, India's billionaire count has surged to 284, with a total wealth of Rs 98 lakh crore, showcasing a 10% increase in their fortunes over the past year. Mumbai is home to 90 of these billionaires.
Key Takeaways
- 284 billionaires in India
- Total wealth of Rs 98 lakh crore
- 10% increase in wealth over the year
- Mumbai has 90 billionaires
- India ranks third globally for billionaires
New Delhi, March 27 (NationPress) The number of billionaires in India has increased to 284, with their total wealth amounting to an incredible Rs 98 lakh crore, according to a recent report released on Thursday.
The ‘Hurun Global Rich List for 2025’ indicates that these affluent individuals in the country have experienced a 10 percent increase in their overall wealth in the past year. Notably, Mumbai alone boasts 90 billionaires.
India continues to hold a strong position globally, ranking third in terms of billionaire count, following the United States and China. The United States leads with 870 billionaires.
The Hurun report reveals that 175 Indian billionaires have seen their fortunes grow, while 109 have either faced a decline or maintained their wealth.
The average net worth of an Indian billionaire now amounts to Rs 34,514 crore. Furthermore, India is home to seven billionaires under the age of 40, primarily hailing from Bengaluru and Mumbai.
On the international scale, Elon Musk, CEO of Tesla and SpaceX, achieved the largest wealth increase, amassing an additional $189 billion over the previous year. He has maintained his position as the world’s richest individual for the fourth time in five years, becoming the first person to exceed the $400 billion mark.
Jeff Bezos, founder of Amazon, follows closely in second place with a net worth of $266 billion. Additionally, Mark Zuckerberg, CEO of Meta, secured a top-three position for the first time, propelled by strong investor confidence in Meta’s AI and technological advancements.
This year’s Hurun list also features notable figures from the worlds of entertainment, sports, and social media. Among them are musicians Jay-Z, Rihanna, Taylor Swift, and Paul McCartney.
Sports icons such as Michael Jordan, Tiger Woods, Floyd Mayweather, LeBron James, Cristiano Ronaldo, and Lionel Messi have also joined the billionaire ranks. Kim Kardashian stands out as the only influencer featured in the global listings.
