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.
indian billionaires
September 2023
September 2022
March 2022
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.
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.
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.
How we did it
The wealth estimate is based on stock prices on close of trading on July 14, 2023.
The Shades Of Money
While old business families, who adapted to the changing times, continue to thrive, new-age businesses have spawned a whole new class of billionaires.
The Dollar Billionaires
The maiden ranking of India's Richest by Fortune India-Waterfield Advisors finds 142 dollar billionaires whose businesses are based within the country.
Mukesh Ambani only Indian in world’s 10 richest; Adani biggest wealth creator
India now has 249 billionaires out of which only 15 are women. The number of billionaires in the country has doubled every five years over the past decade.
