Mumbai: The combined net worth of India’s top 3 business families, namely the Ambanis, Bajajs, and KM Birlas rivals the GDP of Asian powerhouse Singapore, according to the Barclays Private Clients Hurun India most valuable family business list. Mukesh Ambani-led Ambani family is India’s richest with a net worth of $309 billion or Rs 25.8 lakh crore, according to the list.
The Niraj Bajaj-led Bajaj family is India’s second richest with a net worth of Rs 7.1 lakh crore. India’s third richest family, the Kumar Mnagalam Birla family, has a net worth of Rs 5.4 lakh crore. As of date, Singapore’s GDP stood at $525.23 billion and the island nation reported a 2.1 per cent real-time GDP growth, according to IMF data.
Richest families in India
India’s richest families are as follows:
Ambani family: Rs 25,875,100 crore
Bajaj family: Rs 7,12,700 crore
Kumar Mangalam Birla: Rs 5,38,500 crore
Jindal family: Rs 4,71,200 crore
Nadar family: Rs 4,30,000 crore
Mahindra family: Rs 3,45,200 crore
Dani, Choski, Vakil families: Rs 2,71,200 crore
Premji family: Rs 2,57,900 crore
Rajiv Singh family: Rs 2,04,500 crore
Murugappa family: Rs 2,02,200 crore
Discover the Top Business Families at the heart of India’s economic evolution.
Explore the First Edition of the 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses list to see which family dynasties are leading the way. These esteemed families have made… pic.twitter.com/iimeBTXrh6
— HURUN INDIA (@HurunReportInd) August 8, 2024
To be sure, this list does not include first-generation entrepreneurs, which means that the Gautam Adani-led Adani family has not been included in the list. The Adani family’s net worth is pegged at Rs 15.4 lakh crore while the Serum Insitute of India’s Poonawalla family’s net worth is Rs 2.l4 lakh crore.
India’s legacy rich families
India’s richest families with multi-generational wealth include:
PN Gadgil & Sons Jewellers’ Gadgil family has a net worth of Rs 3,900 crore
Nusli Wadia led Wadia family, with a Rs 1.28 lakh crore net worth
Dabur’s Burman Family is a 5th generation business family
DCM Shriram family has also built wealth over 5 generations, according to the list
Crazy Rich India: India’s richest families, namely, the Ambanis, Bajajs and Birlas have a combined net worth of $460 billion, which rivals the GDP of the island country of SIngapore. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
