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India’s billionaires rose to 358 in the M3M Hurun India Rich List 2025, led by Mukesh Ambani, Gautam Adani, Niraj Bajaj, Roshni Nadar Malhotra, and Aravind Srinivas.
India’s Billionaire Wealth Hits Rs 167 Lakh Cr, Up 5% YoY: M3M Hurun Report
The number of billionaires jumped in India to 358 in 2025, up 24 compared to the last year, according to the latest report of the M3M Hurun India Rich List 2025, adding that India’s billionaire count has jumped six times since the list’s debut 13 years ago to 350.
While Jewellery, Construction & Engineering added the most significant number of new entrants to the list, Pharmaceuticals is still at number one and has contributed 137 entrants to the list, the report added. Pharmaceuticals spearheading by Cyrus S Poonawalla & family is followed by y Industrial Products (132) and Chemicals & Petrochemicals (125).
The M3M Hurun India Rich List 2025 listers added wealth at a pace of INR 1,991 crore a day.
The combined wealth of the top 10 in the M3M Hurun India Rich List 2025 equals 28% of the rest of the list; Mukesh Ambani and Gautam Adani’s wealth alone accounts for 12% of overall wealth, the report added.
With a wealth of Rs 9.55 Lakh Crore (USD 105Bn), Mukesh Ambani & family is the richest Indian, reclaiming the top spot in the M3M Hurun India Rich List 2025.
Gautam Adani & family hold the second spot on the M3M Hurun India Rich List 2025 with a Rs 8.15 lakh crore wealth.
The cumulative wealth of the M3M Hurun India Rich List 2025 is INR 167 Lakh Crore, representing a 5% YoY increase, greater than Spain’s GDP and equivalent to nearly half of India’s GDP.
Tariff headwinds and geopolitical tensions haven’t left the richest unscathed. The average wealth of M3M Hurun India Rich Listers declined to INR 9,850 crore from INR 10,320 crore.
Top gainer in the list remained Niraj Bajaj & family, as they saw their wealth jumped Rs 2.33 lakh crore, climbing four spots to 6th on the M3M Hurun India Rich List 2025.
In absolute terms, Niraj Bajaj & family of Bajaj Group led the list, adding a staggering INR 69,875 Cr, taking their wealth to INR 2.33 lakh crore.
Chennai-born Aravind Srinivas founder of Perplexity, made his debut as a billionaire on the 2025 M3M Hurun India Rich List with a wealth of INR 21,190 crore. He is also the youngest billionaire on the list.
Roshni Nadar Malhotra & family debut in the Top 3 with a wealth of INR 2.84 lakh crore, becoming India’s richest woman and securing third place on the M3M Hurun India Rich List 2025. Roshni Nadar is also the youngest in the top 10.
Eighteen individuals on the list are now worth over INR 1 lakh crore, six more than last year; a decade ago, there were only two.
Sixty-five unicorn founders—along with 13 Gazelle founders and 5 Cheetah founders—from the Hurun India Unicorn & Future Unicorn List 2025 also feature in the M3M Hurun India Rich List 2025.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
October 01, 2025, 14:47 IST
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