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BUSINESS EYE SEPTEMBER 06, 2024 | The Indian Eye 39

Gautam Adani replaces Mukesh Ambani

at the top of Hurun’s Rich List with

Rs 11.6 lakh crore

The total number of billionaires reached to 334 individuals and the cumulative wealth of these
individuals is Rs 159 lakh crore -- more than half of India’s GDP

OUR BUREAU Rahman Junaid, Founder and Chief
Researcher, at Hurun India, said.
Mumbai
“India is emerging as Asia’s
he Hurun India Rich List 2024, wealth creation engine! While Chi-
released on Tuesday, revealed na saw a 25 per cent decline in its
Tshifts in the wealth landscape, number of billionaires, India experi-
with Indian tycoons Gautam Adani enced a 29 per cent increase, reach-
and Mukesh Ambani making head- ing a record 334 billionaires.
lines for their remarkable gains. For the first time, the Hurun
Adani has replaced Ambani for the India Rich List features 1,539 en-
top slot in this year’s list. trants, showcasing a diverse range
Adani Group’s founder Gautam of wealth creators--from family-run
Adani has topped the list for this year, businesses and startup founders to
leaving behind Mukesh Ambani, the private equity investors, angel inves-
Chairman and Managing Director of tors, next-generation leaders, film
Reliance Industries Limited (RIL). stars, and more. The stories within
With a total wealth of about Rs 11.6 the Hurun
lakh crore, Adani secured the first India Rich List not only reflects
position. The wealth of Adani and the dynamics of India’s modern
his family grew by 95 per cent. economy but offers a glimpse into
its future trajectory. The future is
According to the list, the total The wealth of Adani and his family grew by 95 per cent (File photo) nothing short of exciting,” Junaid
said.
wealth of Ambani and his fam- Interestingly the founders of
six individuals have consistently re-
ily stood at Rs 10.1 lakh crore. mained in the India Top 10. the combined GDP of Saudi Arabia startups have also secured a place
and Switzerland and more than half
in the list. A total of 55 technology
While the Shiv Nadar family Leading the list is Gautam of India’s GDP, as per the report. startup founders, with a cumulative
“India continues to score Gold
captured the third spot in the Adani and family, followed by in the ‘Wealth Creation Olympics’. wealth of Rs 2,87,100 crore and an
Mukesh Ambani and family, Shiv
average age of 40, featured in the
Hurun India Rich List 2024. Nadar, Cyrus S Poonawalla and The number of billionaires in 2024 Hurun Rich India list.
family, Gopichand Hinduja and Hurun India Rich List hits a triple The youngest on the list is
The vaccine maker Cyrus S family, and Radhakishan Damani century, with all the top 20 sectors 21-year-old Kaivalya Vohra of USD
Poonawalla and the family of Serum and family. adding new faces to the list! The 5 billion quick commerce startup
Institute of India hold the fourth The total number of billionaires top 20 sectors all added new faces, Zepto. The co-founder of the Zepto
position in the list followed by Dil- reached to 334 individuals and the showcasing the unstoppable spirit of is the second youngest on the list.
ip Shanghvi of Sun Pharmaceutical cumulative wealth of these individ- Indian entrepreneurs as they drive A total of 52 founders of 29 uni-
Industries. Over the past five years, uals is Rs 159 lakh crore, more than growth across the board,” Anas corns have been named in this year’s list.

Many sectors to benefit from AI: Mukesh Ambani

eliance Industries Chairman AI lies in making it accessible to ev- tablish gigawattscale AI-ready data Jio.
Mukesh Ambani has said eryone, everywhere. centres in Jamnagar, powered en- The company is working on
Rthat the birth of AI is per- “With Jio’s AI Everywhere For tirely by Reliance’s green energy, making Jio Brain help other oper-
haps the most transformative event Everyone vision, we are committed reflecting our commitment to sus- ating companies fast-track their AI
in the evolution of the human race to democratising AI, offering power- tainability and a greener future,” he journey and also offer it to other
and has opened opportunities to ful AI models and services to every- added. companies.
address several complex problems one in India at the most affordable He also announced Jio Brain “I anticipate that by perfect-
facing mankind. prices,” he said. which will have a comprehensive ing Jio Brain within Reliance, we
In his speech at the company’s “To achieve this, we are laying suite of tools and platforms by lever- will create a powerful AI service
47th AGM on Thursday, Ambani the groundwork for a truly nation- aging AI and this will accelerate the platform that we can offer to other
said he believes the true power of al AI infrastructure. We plan to es- AI adoption to various services of enterprises as well,” Ambani said.

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