Mukesh Ambani and his family have beaten Gautam Adani to become India’s richest, according to the latest M3M Hurun India Rich List 2025. With a wealth of Rs 9.55 lakh crore, Ambani has reclaimed the top spot, while Adani family stands second with a wealth of Rs 8.15 lakh crore.Making history in the rankings, Roshni Nadar Malhotra and family have achieved the third position with Rs 2.84 lakh crore, establishing her as India’s richest woman. The report acknowledges the significant impact of newcomers on the nation’s wealth distribution.India’s affluent class has experienced substantial expansion, with the country now housing more than 350 billionaires, representing a dramatic increase since the list’s inception 13 years prior. The combined wealth of all listed individuals totals Rs 167 lakh crore, approximating half of India’s gross domestic product.Fresh entrepreneurs are leading wealth creation trends. At age 31, Perplexity’s Aravind Srinivas has become India’s youngest billionaire with Rs 21,190 crore wealth. Actor Shah Rukh Khan made his debut in the billionaire category, amassing Rs 12,490 crore.The Niraj Bajaj family achieved the highest wealth increase, growing their fortune by Rs 69,875 crore to Rs 2.33 lakh crore, according to an ET report quoting the list.With 451 billionaires, Mumbai remains India’s wealth capital, whilst New Delhi follows with 223 and Bengaluru with 116. Industries showing highest representation include pharmaceuticals with 137 entries, industrial products with 132, and chemicals & petrochemicals contributing 125 entries.Women’s participation in wealth creation shows promising growth, with 101 women appearing on the 2025 list, including 26 dollar billionaires. Self-made individuals constitute 66% of the total list, demonstrating strong entrepreneurial spirit, whilst 74% of newcomers built their wealth independently.
About the Author
