Mukesh Ambani tops Forbes 2024 rich list as India's billionaire wealth exceeds $1 trillion
economictimes.indiatimes.com — October 10, 2024, 05:01 AM UTC
Mukesh Ambani tops Forbes' 2024 list of India's richest with a net worth of $119.5 billion, up $27.5 billion from last year. The combined wealth of India's top 100 billionaires has surpassed $1.1 trillion, a 40% increase from 2023. Gautam Adani follows Ambani, gaining $48 billion to reach $116 billion, recovering from last year's controversies. Savitri Jindal is now third with $43.7 billion, marking her first appearance in the top three. The stock market's strong performance has contributed to this wealth surge, with over 80% of the billionaires on the list seeing increases in their fortunes. The cutoff to enter the list rose to $3.3 billion, resulting in 11 billionaires dropping off.