Top 10 Richest Indian Persons 2024 : Hurun Rich List

Top 10 Richest Indian Persons 2024 : Hurun Rich List

In 2024, the Hurun India Rich List reported that 1,539 individuals, an increase of 220 from the previous year, across 134 cities possessed at least Rs 1,000 crore. The cumulative wealth rose by 46 percent, with the average wealth increasing by 25 percent. Out of these, 1,334 individuals either witnessed an increase in their wealth or maintained their position, including 272 new faces, while 205 individuals experienced a decline in their wealth, and 45 dropped out of the list. The number of billionaires in India has now reached 335, marking an increase of 75 compared to the previous year. Anas Rahman Junaid, the Founder and Chief Researcher of Hurun India, expressed, “India continues to excel in wealth creation.

The 2024 Hurun India Rich List has a record number of billionaires, with new additions across all top 20 sectors, demonstrating the indomitable spirit of Indian entrepreneurs as they spearhead progress across diverse domains.” According to Hurun India’s founder, nearly 70 percent of the list’s members, who collectively hold wealth of almost US $1.5 trillion, equivalent to more than one-third of India’s GDP, are on the verge of intergenerational transition.

List of Top 10 Richest Indian Persons 2024 :

List of Top 10 Youngest Indian Persons 2024 :

About Hurun List :

The Hurun India Rich List is a comprehensive annual ranking that sheds light on the wealthiest individuals in India. This list is meticulously compiled by the Hurun Research Institute, which specializes in tracking the wealth and trends of high net worth individuals globally. It provides valuable insights into the dynamic landscape of wealth creation and distribution in India, offering a detailed overview of the top entrepreneurs, business leaders, and wealthiest individuals across various sectors. The latest edition of the Hurun India Rich List, released in 2024, featured an impressive increase in the number of individuals with considerable wealth. According to this report, a total of 1,539 individuals, spread across 134 cities, boasted a minimum net worth of Rs 1,000 crore. This marked a significant rise from the previous year, with 220 more individuals making it to the prestigious list, demonstrating the ongoing growth and accumulation of wealth within the country. Furthermore, the cumulative wealth of the individuals on the Hurun India Rich List experienced a substantial surge, increasing by 46 percent in total.

This surge in wealth reflects the robust economic activities and entrepreneurial endeavors that have contributed to the overall prosperity of the listed individuals. Additionally, the average wealth of the individuals showcased a notable increase of 25 percent, indicating the overall expansion of wealth across the high net worth segment in India. The report also highlighted the dynamism and fluidity within the wealth landscape, noting that 1,334 individuals either witnessed an increase in their wealth or maintained their position on the list. This included 272 new entrants, signifying the emergence of fresh entrepreneurial talent and successful business ventures.

However, it is noteworthy that 205 individuals experienced a decline in their wealth, and 45 individuals dropped out of the list, underscoring the inherent volatility and risk that accompanies wealth accumulation and business endeavors. One of the most striking revelations from the 2024 Hurun India Rich List was the remarkable increase in the number of billionaires in the country. The list now boasts 335 billionaires, displaying a substantial uptick of 75 individuals compared to the preceding year. This surge in billionaire count points to the notable concentration of wealth within an elite segment of society, while also highlighting the remarkable achievements and financial success of these individuals across diverse sectors and industries.

Anas Rahman Junaid, the Founder and Chief Researcher of Hurun India, expressed his views on the findings, noting that India continues to lead in wealth creation. He emphasized that the 2024 Hurun India Rich List reflects the unparalleled entrepreneurial spirit and resilience of Indian business leaders, with new faces emerging across all top 20 sectors, driving progress and innovation in the Indian economy. Moreover, the report shed light on the impending intergenerational transition of wealth, revealing that nearly 70 percent of the list’s members, representing a combined wealth of almost US $1.5 trillion, are on the cusp of transferring their wealth to the next generation. This impending transition is significant as it will not only redefine the wealth landscape but also have far-reaching implications for the intergenerational continuity of entrepreneurial endeavors and business legacies in India.

FAQs :

Q1: What were some key findings of the 2024 Hurun India Rich List?

A1: In 2024, the Hurun India Rich List reported that there were 1,539 individuals across 134 cities in India who possessed at least Rs 1,000 crore, marking an increase of 220 individuals from the previous year. The cumulative wealth saw a significant rise of 46 percent, with the average wealth increasing by 25 percent. The list revealed that 335 individuals in India have now achieved billionaire status, reflecting a notable increase of 75 billionaires compared to the previous year.

Q2: How did the individuals on the 2024 Hurun India Rich List fare in terms of wealth change?

A2: Out of the individuals on the 2024 Hurun India Rich List, 1,334 individuals either witnessed an increase in their wealth or maintained their position. Notably, 272 new faces emerged on the list, indicating the influx of fresh talent and successful entrepreneurship. However, 205 individuals experienced a decline in their wealth, and 45 individuals actually dropped out of the list, demonstrating the inherent volatility and risk involved in wealth accumulation and management.

Q3: What did Anas Rahman Junaid, the Founder and Chief Researcher of Hurun India, express about the 2024 Hurun India Rich List?

A3: Anas Rahman Junaid highlighted the remarkable wealth creation in India, with the 2024 Hurun India Rich List featuring a record number of billionaires. He noted that new additions were seen across all top 20 sectors, underscoring the unwavering spirit of Indian entrepreneurs as they drive progress and innovation across diverse domains.

Q4: What is the significance of the impending intergenerational wealth transition mentioned by Hurun India’s founder?

A4: According to Hurun India’s founder, nearly 70 percent of the list’s members, representing a combined wealth of almost US $1.5 trillion, are on the verge of intergenerational transition. This transition is significant as it not only marks a pivotal shift in wealth management and distribution but also holds implications for the continuity of entrepreneurial endeavors and business legacies in India.