INSUBCONTINENT EXCLUSIVE:
Illustration: Ajay Mohanty2 min read Last Updated : Sep 03 2024 | 6:30 AM IST
The collective wealth of the wealthiest people in India has
surged past the $1 trillion mark, reaching a staggering $1.19 trillion (Rs 99.86 trillion), a report by Fortune India revealed on
cent, up from $832 billion in 2022
(GDP).
This year features 29 new entrants from various sectors, including fast-moving consumer goods (FMCG), pharmaceuticals, and
technology, collectively amassing a total wealth of Rs 4.09 trillion.
Ambani ahead of Adani
role in this wealth accumulation, with benchmark indices hitting record highs and achieving a compound annual growth rate (CAGR) of 15.94
per cent from the financial year 2022-23 (FY23) to FY24.
The mean wealth of billionaires has risen from Rs 46,729 crore in 2022 to Rs
53,978 crore in 2024.
Besides Ambani and Adani, others in the top 10 list include the Mistry family, Shiv Nadar, Radhakishan Damani, Sunil
Mittal - family, and Azim Premji, among others
The matriarch of the Jindal family and chairperson of the Jindal Group was the lone woman to feature in the top 10 list, with a wealth of
$33.06 billion, grabbing the fourth spot.First Published: Sep 03 2024 | 6:30 AMIST
