Microsoft's Satya Nadella, Google's Sundar Pichai, and YouTube's Neal Mohan lead the charge in HSBC Hurun Global Indians 2024

Satya Nadella, CEO of Microsoft, leads the HSBC Hurun Global Indians List 2024, followed by Sundar Pichai, CEO of Alphabet and Google, and Neal Mohan, CEO of YouTube, according to the latest data released today. The companies led by these global Indian leaders have amassed a staggering $10 trillion in value.

The purpose of the list is to celebrate the contributions of the Indian diaspora to the global economy. It features 226 CEOs, managing directors, and founders from 200 companies, all operating outside of India. Notably, the list includes 12 women who have made their mark on the global business stage.

Among the Indian-origin leaders, Nadella and Pichai are recognised as two of the most influential figures in the world. The list also highlights prominent names from the 2024 Hurun India Rich List, with L.N. Mittal & family taking the lead with ₹1,84,500 crore, closely followed by Gopichand Hinduja & family at ₹1,78,600 crore.

ArcelorMittal, owned by L.N. Mittal & family, reported a net income of $919 million in 2023, a sharp decline from $9.3 billion in 2022, due to the sale of its underperforming plants in Kazakhstan and Italy at a loss.

The Hinduja Group, under the leadership of the Hinduja family, has diversified its business across sectors including Mobility, Digital Technology, Media & Entertainment, Infrastructure, Energy, Real Estate, and Healthcare.

First-generation entrepreneurs make up 57% of the leaders featured in the Hurun 2024 list, with the remaining spots taken by professionals and inheritors.

“The HSBC Hurun Global Indians List 2024 celebrates the significant achievements of Indian-origin leaders who helm some of the world’s most valuable companies. The list reveals that 62% of these leaders studied in India, with almost a quarter of them graduating from the IITs, highlighting the importance of quality Indian education in shaping global business leadership,” said Anas Rahman Junaid, founder and chief researcher of Hurun India.

Sandeep Batra, head of International Wealth and Premier Banking at HSBC India, remarked, "This list not only recognises the entrepreneurial spirit and business acumen of the Indian diaspora but also underscores their profound impact on the global economic stage. HSBC is committed to celebrating excellence and innovation across industries, and we believe the insights from this list will inspire future generations of leaders."

In March 2023, Mukesh Ambani, chairman and MD of Reliance Industries, ranked first among the richest Indians with a net worth of $82 billion, according to the M3M Hurun Global Rich List. Ambani was the only Indian in the top 10, holding the 9th spot globally, while Gautam Adani secured the second spot among India’s richest billionaires, despite a net loss of $28 billion.