Gautam Adani overtakes Mukesh Ambani asrichest Indian on Hurun India Rich list ’24

 

 

 

RECOUPING the dent caused by the Hindenburg Research report, Gautam Adani’s networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday. Reliance Industries Chairman and Managing Director Ambani’s overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List. In 2023’s report, Adani’s wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore. It can be noted that Adani’s networth declined sharply following various allegations levelled by US-based short seller Hindenburg Research. The conglomerate has denied all the allegations. In the 2014 edition, Hurun had pegged Adani’s fortunes at Rs 44,000 crore, which made him the tenth richest Indianthen.ShivNadarand family of HCL gained one spot to be the third richest with a networth of Rs 3.14 lakh crore, while Serum Institute of India’s Cyrus Poonawalla slipped by one notchtothefourthposition with a networth of Rs 2.89 lakh crore in 2024.

 

Sun Pharmaceuticals’ Dilip Shanghvi continued his ascent onthe list, securing the fifth richest tag against sixth last year with a networth of Rs 2.50 lakh crore.RadhaVembuofZoho was the wealthiest among self-madewomenwithafortuneofRs47,500crore,while Zepto’s co-founders Kaivalya Vohra and Aadit Palicha,whoareintheirearly20s, were theyoungeston the list with a networth of Rs 3,600 crore and Rs 4,300 crore, respectively. The list, which captures Indians having a networth of over Rs 1,000 crore, grew by 220 individuals to 1,539 people in 2024. The cumulative wealth has seen a 46 per cent jump in the year. Actor Shah Rukh Khan made his debut on the list with a fortune estimated at Rs 7,300 crore, which was much higherthan business partnerJuhiChawlawithRs 4,600 crore networth secured second place among the entertainers. Interestingly, 16 professionals also made it to the list with Arista Networks’ CEOJayshreeUllalbeingthe wealthiestatRs32,100crore.