India Richest People

They are not just underreporting income; they are reshaping what the income tax system perceives, says study

American business magazine Forbes released its "Forbes World's Billionaires List 2024", which features 200 Indians, up from 169 last year. The total wealth of these Indian billionaires is a record $95

Adani's net worth rose $7.7 billion in a day to $97.6 billion, reclaiming the top spot in the region from Indian compatriot Mukesh Ambani, according to Bloomberg Billionaires Index

In terms of wealth gain in India, 73-year-old Savitri is followed by KP Singh of DLF and Kumar Birla of Aditya Birla Group

Eight of the top ten richest billionaires in the list, except Adani and Radhakishan Damani, saw their wealth jump in 2023

UBS, which exited the private-wealth market in India almost a decade ago, is among global firms from HSBC Holdings Plc to Julius Baer Group Ltd. taking increased bets there

Kotak Investment plans to complete the fundraising by the end of this year and to embark on its investment in 2023, focusing on residential property in India's top five cities

The IIFL Wealth Hurun India Rich List 2022 showed that 100 start-up founders in India have a net worth of more than $10 billion

Confluent head India's wealthiest new entrant in Hurun rankings, Roshni Nadar Malhotra tops second year in a row

Indian billionaires saw their combined fortunes more than double during the Covid-19 pandemic, and their count shot up by 39 per cent to 142

FSN E-Commerce, the promoter company of Nykaa, closed on Wednesday with a market capitalisation of Rs 1.043 trillion

The six Adani Group companies had combined market capitalisation of Rs 8.36 trillion as on Thursday

Reliance Industries Chairman Mukesh Ambani reclaimed the top spot in the Forbes list of India's 10 richest billionaires with a net worth of $84.5 billion

Mukesh Ambani, Chairman of Indias most valued firm Reliance Industries, continues to top the IIFL Wealth Hurun India Rich List 2020 for the ninth consecutive year, with a total wealth of Rs 6.58 trn

The chairman of Reliance Industries, whose wealth surpassed Warren Buffett's last week, is now worth $72.4 billion, according to the Bloomberg Billionaires Index.

On an average, this would give the affluent class Rs 93,000 to live on per month during retirement, which is less than both their current income and wealth aspirations

Mukesh Ambani tops the list of high net worth individuals. Most of the wealth is inherited

The number of ultra rich in the country is expected to rech 3,72,000 while the total household income is likely to grow by 7.5 per cent annually to touch USD 7.1 trillion by 2022, the report said.

Wealth of Paytm's Vijay Shekhar Sharma and Google India's Kavitark Ram Shriram rose the fastest year-on-year