According to the report, 12 Indian billionaires have a net worth of more than 1 trillion rupees


New Delhi: A survey released on Wednesday revealed that 12 Indians, led by Gautam Adani, have a net worth of more than 1 trillion rupees in India. The list includes Mukesh Ambani, Cyrus Poonawalla, Shiv Nadar and Radhakishan Damani among others.

According to IIFL Wealth Huru’s India Rich List 2022, Gautam Adani’s net worth is around Rs 10.9 trillion, making him the richest person in the country. Adani earned Rs 1,600 crore every day last year. He is currently the third richest person on the planet, behind only Elon Musk and Bernard Arnault.

Adani was followed by Mukesh Ambani with a net worth of 7.9 trillion rupees. Adani earned 5 trillion rupees the previous year, overtaking Ambani, who had previously been the richest Indian.

“The year 2022 will be remembered for Adani’s meteoric rise. Rapidly expanding his commodity trading business into a coal-to-port-to-energy conglomerate, he is the only Indian to have built not one but seven companies with a market capitalization of one lakh crore,” Anas Rahman Junaid, MD and Chief Scientist, Hurun India said.

Vinod Adani, Adani’s younger brother, ranked sixth on the list with a net worth of 1.6 trillion rupees.

Cyrus Poonawalla of Serum Institute of India (SII) and Shiv Nadar of HCL were two other names that were mentioned. Poonawalla and Nadar are worth 2 trillion and 1.85 trillion rupees each in the market.

Radhakishan Damani, SP Hinduja, LN Mittal, Dilip Shanghvi, Uday Kotak, Kumar Mangalam Birla and Niraj Bajaj were other names in the list of trillionaires. The two most recent additions to the list were Kotak and Shanghvi.

The report also revealed that the 100 startup founders have a combined net worth of $10 billion or more. They were on average 40 years old and had a combined net worth of 5 trillion rupees.

Kaivalya Vohra, the 19-year-old founder of the express delivery platform Zepto, was the youngest on the list. Falguni Nayar, founder of Nykaa, beat Biocon founder Kiran Mazumdar-Shaw to claim the title of ‘richest self-made Indian woman’.

The biggest riser on the list, Vedant Fashion founder Ravi Modi’s net worth grew by 376%. Vedant Fashion was listed on the Indian Stock Exchange on February 16. Modi was followed by Nayar, who saw 345% growth in the previous year.

There were 283 people on the list, so Mumbai topped the rich list. It was followed by 185 people in New Delhi and 89 people in Bengaluru, both with a net worth of over Rs 1,000 crore.

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