India is witnessing an extraordinary surge in high-net-worth individuals, with 2,013 people now boasting personal fortunes of ₹500 crore or more. This significant concentration of wealth reflects the country’s growing economic strength and diverse entrepreneurship.
According to the 360 ONE Wealth Creators List, published in collaboration with CRISIL, a total of 2,013 Indians have each amassed a net worth of at least ₹500 crore. Collectively, they control personal wealth nearing ₹100 trillion, almost one-third of India’s GDP. Additionally, an estimated ₹150 trillion is locked in trusts and private entities like Tata Trust, underlining the broader presence of institutional wealth in India.
With a net worth of ₹3.59 lakh crore each, Akash and Anant Ambani top the list of India’s wealthiest individuals.
Mumbai tops the chart with 577 individuals, followed closely by Delhi and Bengaluru. These cities are home to legacy business houses and modern sectors like fintech, e-commerce and IT services. Their ecosystems enable both generational and first-time wealth creators to thrive. Approximately 143 individuals under the age of 40 are featured, showcasing the rise of young entrepreneurs building significant value in short time periods.
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Women represent 27% of the list and hold 24% of the total wealth. Notably, women in the pharmaceutical sector have strong representation, and female heirs reportedly possess 23% more wealth than their male counterparts. Pharmaceuticals, IT services, and financial services are among the top sectors, with banking, telecom, and aviation reporting the highest average individual net worth.
Publicly listed companies contribute 93% of the total personal wealth. About 62% of these high-net-worth individuals remain actively involved in their businesses, many of whom are self-made, leveraging platforms in e-commerce, fintech and edtech. This reflects a significant blend of old-money legacy and new-age digital triumphs.
The surge in Indian ultra-HNIs highlights the nation’s entrepreneurial ambition, wealth diversification and burgeoning sectors. Cities like Mumbai and Bengaluru emerge as key hubs for wealth generation while female wealth holders continue to rewrite traditional norms. Overall, India's expanding wealthy class is shaping innovative and inclusive economic narratives across domains.
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Published on: Jun 30, 2025, 3:28 PM IST
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