Mukesh Ambani has dropped out of the list of world's top 10 wealthiest individuals. His wealth declined by ₹1 lakh crore from last year due to rising debt levels, according to the latest Hurun Global Rich List 2025.
The Hurun list 2025, released on March 27, shows that Reliance Industries chairman Mukesh Ambani is still the richest in India. His wealth, however, saw a drop in a year.
Ambani still holds a comfortable lead over rival Gautam Adani. While Ambani's net worth stands at ₹8.6 lakh crore, down by ₹1 lakh crore from last year, Adani reportedly made significant gains with an increase in wealth by 13 percent, taking his net worth to ₹8.4 lakh crore.
Roshni Nadar, the chairperson of HCL Technologies, with a net worth of ₹3.5 lakh crore, became the fifth richest woman in the world.
She also became the first Indian woman to break into the global top 10 women — after her father, Shiv Nadar, transferred a 47% stake in HCL to her.
Tesla owner Elon Musk emerged as the richest person worldwide. The report says there are 3,442 billionaires in the world. The number is up by 5 percent or 163 from last year.
Ranked third, India is home to 284 billionaires, having added 13 new ones. China and India led the world for emigrant billionaires, whilst the US led with immigrant billionaires.
India led with the highest percentage of family businesses. While 27 dropped off, India's billionaire count continued to grow. Mumbai remained the top city for billionaires--it is to 90 of them.
Indian billionaires contributed 7% of the total wealth on the list, with seven in the Hurun Top 100.
(By arrangement with livemint.com)
