The overall wealth of India's uber rich swelled from ₹66.35 lakh crore ($832 billion) to ₹69.30 lakh crore ($843 billion) in 2023, as the number of billionaires grew from 142 to 157.
Long Reads
India's Expanding Wealth Universe
The overall wealth of India's uber-rich swelled from ₹66.35 lakh crore ($832 billion) to ₹69.30 lakh crore ($843 billion) in 2023.
Stories
Mukesh Ambani Richest Among Diversified Groups
Diversified groups account for 23 out of 157 Indian dollar billionaires. The top 5 diversified groups control almost 78.58% of wealth in the category.
10 RICHEST INDIANS
Top 10 Richest Indians accounted for 41.65% of the total wealth of 157 dollar billionaires. The wealth of all dollar billionaires is 25.4% of India’s FY23 GDP.
There's Business In Water
India Inc. is creating modern water infrastructure, aiding the evolution of an organised industry.
Economic Rise, Owners' Pride
This year's roster of India's dollar billionaires is a reaffirmation that the growth story is not ephemeral but perpetual.
India's Richest
The annual Fortune India-Waterfield Advisors list ranks 157 dollar billionaires in the country with a cumulative wealth of ₹69.30 lakh crore. Top 10 account for 41.65% of total wealth.
The Rich Club Set To Get Bigger
The Indian high net worth individual (HNI) population, with asset value of $1 million and more is expected to rise to 16.5 lakh by 2027, growing 107% from 7.9 lakh in 2022.
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