All you need to know about the richest Indian families and their wealth

Aditya Birla Group, a family business and 7 generations old, has a presence in various sectors, including metals, financial services, and retail

Each year, more and more Indians are joining the ranks of the ultra-rich, according to a report in the Financial Express. Four years ago, there were three Indian families in Bloomberg's Asia-specific ranking of the 20 richest families. The three families had a combined wealth of $87.6 billion. In 2022, this list had five Indian families with a combined wealth of $168.7 billion. In 2023, the number of Indian families still stands at five. This is despite a loss of $17.1 billion in their combined wealth, the report said.

Those residing outside India have registered a comparably smaller