Hurun Research Institute ranks India third globally with 308 billionaires in 2026.

Key facts

• India’s billionaire count rose to 308, an increase of 24 from the previous year, according to the Hurun Global Rich List 2026.
• Indian billionaires added 57 new entrants and saw 27 drop out during the year.
• Total wealth of Indian billionaires grew 10% year-on-year to ₹112.6 trillion.
• Mukesh Ambani retained his position as India and Asia’s richest person with a net worth of ₹9.8 trillion, up 9%.
• Gautam Adani remained the second richest Indian despite a 14% decline in wealth to ₹7.5 trillion.
• Roshni Nadar Malhotra, chairperson of HCL Technologies, was third with wealth of ₹3.2 trillion and the only woman among India’s top 10 richest.
• Healthcare sector produced 53 new billionaires, industrial products 36, and consumer goods 31.
• Energy sector, with eight billionaires, accounted for ₹18.3 trillion or about 16% of India’s cumulative billionaire wealth.
• Cyrus S Poonawalla of Serum Institute of India added nearly ₹0.91 trillion, the largest absolute gain.
• Mumbai hosts 95 billionaires, adding 15 new entrants, but lost its status as Asia’s billionaire capital to Shenzhen which has 133.
• India’s youngest billionaire is Ritesh Agarwal, founder of Oyo, aged 32 with net worth of ₹14,440 crore.
• 23 Indian women billionaires collectively hold wealth of ₹9.8 trillion.