India churns out a billionaire a week, records 358 billionaires in 2025

India’s wealth creation engine continues to accelerate, with a record 358 dollar-billionaires and 1,687 individuals worth over INR10 billion, according to the newly released M3M Hurun India Rich List 2025.

- BY S VENKAT NARAYAN Our SPECIAL CORRESPONDENT

The 14th edition of the list, compiled by Hurun India in partnership with M8M India, highlights that Mukesh Ambani, 68, chairman of Reliance Industries, has reclaimed his position as India’s richest man, with family wealth pegged at INR9.55 trillion ($105 billion).

Close behind is Gautam Adani, 63, with INR8.15 trillion. In a historic milestone, Roshni Nadar Malhotra, 44, chairperson of HCLTech, broke into the Top 3 for the first time, with wealth of INR 2.84 trillion, making her India’s richest woman and the youngest among the top 10.

The report also spotlights India’s new generation of tech billionaires. Aravind Srinivas, the 31-year-old Chennai-born founder of AI startup Perplexity, entered the list as the country’s youngest billionaire, with wealth of INR211.90 billion. Meanwhile, Zepto's Kaivalya Vohra (22) and Aadit Palicha (23) remain the youngest entrants overall.

Key highlights of M3M Hurun India Rich List 2025: 358 billionaires in India —up by 24 from last year, six times the count when the list debuted in 2012.

1,687 individuals with wealth of at least INR10 billion — a net increase of 148 over 2024.

Wealth creators added INR19.91 billion a day during the review period.

58 new billionaires emerged this year — averaging more than one every week.

The combined wealth of India’s richest surged to INR 167 trillion, equal to nearly half of India’s GDP.

The Top 10 alone hold 27% of total wealth, with Ambani and Adani accounting for 12%.

Mumbai leads with 451 listers, followed by Delhi (223) and Bengaluru (116).