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Hurun India Rich List is topped by Gautam Adani with Rs 11.6 lakh crore

Published on August 30, 2024
Current Context: Mumbai has been named the “billionaire capital of Asia” in the 2024 Hurun India Rich List. With 92 billionaires, Mumbai has surpassed Beijing and is now the third richest city globally, following New York and London.
Hurun India Rich List is topped by Gautam Adani with Rs 11.6 lakh crore, followed by Mukesh Ambani
  • The city saw an increase of 58 new billionaires, bringing its total to 386.
  • Top Billionaires in India
    • Gautam Adani: With a net worth of ₹11.6 lakh crore, Adani has taken the top spot, primarily due to his diversified business interests in infrastructure, commodities, and energy.
    • Mukesh Ambani: The chairman of Reliance Industries, Ambani’s net worth is slightly lower than Adani’s but still substantial.
    • Shiv Nadar: The founder of HCL Technologies, Nadar continues to be one of the wealthiest individuals in India, thanks to the booming IT sector.
    • Cyrus Poonawalla: Known for his work in the pharmaceutical industry, particularly with the Serum Institute of India, Poonawalla’s wealth has seen significant growth.
    • Lakshmi Mittal: The steel magnate remains a prominent figure on the list, with his global steel empire.
  • Notable New Entries:
    • Shah Rukh Khan: The Bollywood superstar has made his debut on the list with a net worth of ₹7,300 crore, thanks to his successful film career and business ventures.
    • Byju Raveendran: The founder of BYJU’S, an ed-tech company, has seen his wealth grow rapidly due to the increasing demand for online education.

Question:

1 Which city has been named the “billionaire capital of Asia” in the 2024 Hurun India Rich List?

  • A) Mumbai
  • B) Beijing
  • C) Shanghai
  • D) Hong Kong
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