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- India Rich List 2022
India's 100 richest got richer this year, with their cumulative wealth growing to a whopping $800 billion. The top 10 richest are worth a cumulative $385 billion; India's richest person has a net worth of $150 billion; richest woman has a net worth of $16.4 billion, and there are 9 women on the list. The cut-off to be on the list is $1.9 billion. India's youngest billionaire is 39, oldest 91.
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$385.2
billion
is the cumulative net worth of the Top 10 club this year, up 15.1% from 2021
3
biggest wealth drops in absolute terms — Shiv Nadar, Lakshmi Mittal and Mukesh Ambani
With a
$75.2
billion wealth gain in a year,
Gautam Adani
whose wealth doubled this year is the biggest wealth gainer in absolute and percentage terms
$150
billion
is the net worth of the top gainer—Gautam Adani—while $8.1 billion is the net worth of the next highest top gainer—Ravi Jaipuria—in absolute terms: a $141.9 billion difference
With a
$9.6
billion drop,
Shiv Nadar
who donated record wealth this year, sees the biggest drop in net worth in absolute terms but retains his spot in the Top 10
Wealthiest man in India for over a decade,
Mukesh Ambani
drops to rank 2 for the first time since 2013
Lakshmi Mittal
drops out of the Top 10 club for the first time since 2013
$800
billion
is the cumulative wealth of India's 100 richest in 2022
Sanjeev Bikhchandani
drops 40 ranks—highest drop in terms of rank—with a wealth loss of $1.76 billion from 2021
Rekha Jhunjhunwala
replaces her late husband Rakesh Jhunjhunwala on the list
Vijay Chauhan
climbs 39 ranks—highest jump in terms of rank—to go from rank 72 to 33 this year
89.66%
Parle's Vijay Chauhan's net worth gain is the second highest this year in percentage terms
50.18%
is the net worth gain of P.P. Reddy & family this year—a flip from being one of the biggest net worth losers in 2021 both in absolute and percentage terms
9
is the number of women billionaires on the list this year
Falguni Nayar
debuts on the rich list at rank 44 with a net worth of $4.08 billion after Nykaa's outlier IPO
Joy Alukkas
is back on the list for the first time since 2013
Anu Aga
is back on the list for the first time since 2014
At
$385.2
billion,
the Top 10 club makes up for nearly 50% of the cumulative wealth of India's 100 richest, while the other 90% corner the remaining 50% of $800 billion
INOX Group's
Pavan
Jain
Vivek
Jain
replace their father Devendra Jain on the list after the latter distributed his businesses and wealth among his children
At
$800
billion,
India's 100 richest persons are worth more than the market cap of Tesla—$710.92 billion, as of October 2022
At
$385.2
billion,
the Top 10 club of India's richest is worth more than the market cap of Meta—$263.03 billion, as of October 2022
9
is the number of newcomers on the list this year
4
is the number of billionaires who have made a comeback into the list of India's richest
$62
billion
is the difference between the net worth of Gautam Adani (#1) and Mukesh Ambani (#2)
Divya
Gokulnath
is the youngest billionaire on the list along with Nikhil Kamath
91
years
The oldest billionaires on the list are of this age—there are three
4
billionaires
Rahul Bajaj, Shapoorji Pallonji, Abhay Vakil and Rakesh Jhunjhunwala—passed away in the last one year
166.6
is the number of History Supreme superyachts—the world's most expensive at $4.8 billion a piece—that the wealth of India's 100 richest could buy
1,600
is the number of personalised Airbus A380 Superjumbo Jets that $800 billion—the cumulative wealth of India's 100 richest—can buy @ $500 million a piece
$397
billion
The GDP of Singapore is only about $12 billion more than the cumulative net worth [$385.2 billion] of India's Top 10 richest
9
The number of billionaires on the list that are from Automotive, Fashion & Retail, and Technology sectors each
3
new billionaires are from the Fashion & Retail sector—Ravi Modi, Vedant Fashions; Falguni Nayar, Nykaa; Rafique Malik, Metro Brands
19
is the number of billionaires on the list from the Manufacturing sector, highest among sectors
1
Telecom, Media & Entertainment, and Service sectors have only one billionaire each on the list
5
The number of billionaires that represent the real estate sector
Abhay
Firodia
is the only billionaire whose wealth is unchanged from last year
60
billionaires
out of 100 saw their wealth decline in 2022, only 27 saw their wealth increase in the year
11
is the number of units of the Forbidden City Complex in China that the wealth of India's 100 richest could buy @ $69.66 billion a piece
5
billionaires
from the Top 10 club saw their wealth decline in 2022
Radhakishan
Damani
breaks ranks into the Top 3 for the first time ever
$1.90
billion
is the cut-off to make it to the list, slightly lower than $1.94 billion last year
Anil
Agarwal
dropped 34 ranks to go from 63 to 97
10
is the number of dropouts from the list this year
Joy Alukkas is the richest returnee on the list with $3.1 billion net worth, up from $640 million in 2013—his last appearance on the list
Eicher Motors'
Vikram
Lal
is the richest entrepreneur in India's Automotive sector
Radhakishan
Damani
is the richest entrepreneur of India's Fashion & Retail sector
Uday
Kotak
is the richest banker among the Finance & Investments entrepreneurs in India
The Burman family
are the wealthiest among the Food & Beverage sector in India
Cyrus
Poonawalla
is the richest entrepreneur among India's Healthcare sector
Pidilite Industries'
Madhukar
Parekh
is the richest entrepreneur of India's Manufacturing sector
NOTE : This list was compiled using shareholding and financial information obtained from the families and individuals, stock ex-changes, analysts and India's regulatory agencies. The ranking lists family fortunes, including those shared among extended families such as the Bajaj and Godrej families. Public fortunes were calculated based on stock prices and exchange rates as of Sept. 23. Private companies were valued based on similar companies that are publicly traded. The list can also include foreign citizens with business, residential or other ties to the country, or citizens who don't reside in the country but have significant business or other ties to the country. The editors reserve the right to amend any information or remove any listees in light of new information.
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