India's Billionaire

Billionaires at Trump's inauguration hold wealth equal to 1/3 India's GDP

World's richest men: Elon Musk, Mark Zuckerberg, Jeff Bezos, Mukesh Ambani, and Bernard Arnault all attended various inauguration events

Ambani, Adani exit Bloomberg's $100 billion club amid financial setbacks

Mukesh Ambani and Gautam Adani, once part of Bloomberg's $100 billion club, have dropped out as their fortunes fell below $100 billion amid business challenges, legal scrutiny, and market setbacks

India 3rd in highest number of billionaires in '24, wealth up 42%: Report

India ranks third globally with 185 billionaires in 2024, reflecting a 21% increase. The nation's combined wealth surged 42% to $905.6 billion, according to a UBS report

PM Modi's 'billionaire raj' more unequal than British Raj, says Congress

The Congress on Thursday latched on to a new rich list to attack the Centre, alleging that Prime Minister Narendra Modi's "billionaire raj" is more unequal than even the British Raj and it is also the cornerstone of the government's economic policy-making. Congress general secretary in-charge communications Jairam Ramesh shared on X a media report which cited the Hurun India Rich List to state that India created a new billionaire every five days throughout 2023. "India has had one billionaire for every five days in 2023, and the non-biological Prime Minister's closest friend is the foremost among them all," Ramesh said on X. "Modi's Billionaire Raj is more unequal than even the British Raj. But it is also the cornerstone of the government's economic policy-making," he alleged. This is why, at a time when countries across the world are coalescing around the idea of a global billionaire tax, the Indian government has been conspicuously silent and continues to remain blind to rapidly

India minted a new billionaire every 5 days in 2023: Hurun rich list 2024

For the first time, the Hurun India Rich List has exceeded 1,500 entries, recording individuals with wealth more than Rs 1,000 crore

Zomato's Deepinder Goyal enters elite billionaire club amid stock surge

Zomato's stock hit a new high on Monday, pushing its market cap over Rs 1.8 trillion, making Deepinder Goyal India's richest professional manager with Rs 8,300 crore net worth

Inequality in India: Upper castes hold nearly 90% of billionaire wealth

The recent report from the World Inequality Lab noted that the top 1% of the country's population now commands more than 40 per cent of India's total wealth

Number of ultra rich grows, more worth over $100 bn than ever before

Leading the pack is LVMH founder and Chief Executive Officer Bernard Arnault, 75, with a net worth of $222 billion

Modi made 22 billionaires, INDIA bloc will make crores of 'lakhpati': Rahul

Congress leader Rahul Gandhi on Tuesday criticised Prime Minister Narendra Modi, alleging that he wanted to hand over 'Jal, Jungle, Jameen' belonging to tribals to industrialists. Addressing an electione rally in Jharkhand's Chaibas, Gandhi promised to make crores of people 'lakhpati' if voted to power. Asserting that this Lok Sabha election is for saving the Constitution and the rights of tribals, poor and backward, he said INDIA bloc leaders were ready to sacrifice their lives to save the Constitution. The former Congress president said, "PM wants to handover tribals' 'Jal, Jungle, Jameen' to 14-15 industrialists...he made 22 people billionaires in his 10-year tenure... We will make crores of lakhpatis if voted to power and provide Rs 1 lakh annually to poor women." He also promised to provide one-year apprenticeship to unemployed diploma holders and graduates.

Chandrayaan-3 linked Kaynes Tech's founder joins Forbes' billionaires list

Ramesh Kunhikannan is among the 25 Indians who made a debut on the Forbes World's Billionaires list of 2024. His Kaynes Technology had supplied electronic systems for the mission

Meet Savitri Jindal: BJP leader, richest Indian woman with $33 bn net worth

Savitri Jindal, the chairperson of the Jindal Group, has served as a former Haryana minister in the Bhupinder Singh Hooda-led Congress government

Forbes youngest billionaire list 2024: 19-year-old Brazilian tops the chart

Forbes youngest billionaire list 2024 named a 19-year-old Brazilian as the youngest billionaire who surpassed Clemente Del Vecchio, who is two months older than her

India's billionaire club shrinks to 120, Gautam Adani tops rich list

In comparison, Ambani, who topped the list last year, has seen a 2.5 per cent decline in his family's net worth to $101.75 billion from $104.4 billion a year ago

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit

Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development

Leaving on a jet plane: India's super-rich prefer their own planes now

According to a report, several Indian entrepreneurs are buying long-range business jets to fly as far as the US and Europe

Adopt high-end tech across all processes: Billionaires' mantra for future

Analysts expect in the coming years, the Indian rich list to be dominated by new age companies as the Corona pandemic has made adoption of latest, cutting age technology inevitable

Mukesh Ambani is world's 6th richest, pips Elon Musk, Google founders

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.

Relaxo's Dua to PI's Singhal, 2019 billionaire club has 10 new entrants

10 promoters entered the billionaire list in 2019; Anil Ambani, Subhash Chandra among big names who left the club

India's billionaire count to swell to 357 by 2027: Report

According to AfrAsia Bank Global Wealth Migration Review, India currently has 119 billionaires, and this number is expected to swell to 357 by 2027.