India’s ultra-rich club grows as 576 individuals earn over Rs 100 crore a year
Figure nearly quadruples from 142 in AY 2021-22, shows Finance Ministry data
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Figure nearly quadruples from 142 in AY 2021-22, shows Finance Ministry data
With a net worth of USD 92.6 billion, Adani surpassed Ambani, whose fortune stands at USD 90.8 billion
India's ultra-wealthy experienced significant wealth growth, reaching Rs 167 lakh crore. Mukesh Ambani reclaimed the top spot, followed by Gautam Adani and Roshni Nadar Malhotra. New entrants include Aravind Srinivas and Shah Rukh Khan.
The Ambani family's wealth is significantly larger than the Adani family's. The top 300 Indian families hold over $1.6 trillion, with Ambanis accounting for 12% of India's GDP. Wealth among top families grew; over 160 families have over $1 billion. Mumbai leads in valuable families.