Mukesh Ambani Is Ninth Richest Man In The World: Report The 2022 M3M Hurun Global Rich List has ranked Indians billionaires on a global level

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


The global ranks of Indians in the 2022 M3M Hurun Global Rich List is moving up fast. With a total wealth of $103 billion, Mukesh Ambani, Asia's richest man, becomes the only Indian to enter the top 10 in the list. His wealth registered a 24 per cent increase.

He was followed by Gautam Adani and family, Shiv Nadar andfamily, Cyrus Poonawalla, Lakshmi N Mittal, Radhakishan Damani and family, SP Hinduja and family, Kumar Mangalam Birla and family, Dilip Shanghvi and family and Uday Kotak.

With a 153 per cent increase in wealth, Gautam Adani and family, becomes the second richest Asian. Gautam Adani is the biggest gainer in the 2022 list and added $49 billion to his wealth last year, which is more than the net addition of wealth by top three global billionaires such as Elon Musk, Jeff Bezos, and Bernard Arnault. After the listing of the renewable energy company Adani Green, Gautam Adani's wealth increased nearly five times to $81 billion from $17 billion in 2020, said a release.

Over the last five years, India's contribution to the global billionaire population has been steadily increasing. Currently India contributes 8 per cent of the total global billionaire population compared to 4.9 per cent five years ago.

"2022 M3M Hurun Global Rich List is aimed at demonstrating the positioning of Indian wealth creation when compared to the rest of the world. The list evidences India as a rocket ship when it comes to wealth creation. For instance, India ranks third based not only on the number of billionaires but also in terms of the number of billionaires who have added at least a billion dollars to their wealth. Over the last 10 years, Indian billionaires added circa $700 billion to their cumulative wealth – this is equivalent to Switzerland's GDP and twice the GDP of UAE!" said Anas Rahman Junaid, MD and chief researcher Hurun India.

Hurun Report is a leading research, luxury publishing and events group established in London in 1998 with presence in India, China, France, UK, USA, Australia, Japan, Canada and Luxembourg. It is widely recognized world-over for its comprehensive evaluation of the wealthiest individuals across the globe.

Shrabona Ghosh


A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 

Related Topics


Don't Miss This Sam's Club Membership Deal for Just $20

Your last chance for a great deal on a membership that helps you save money all year long.


This $126 Apple- and Android-Compatible Display Can Help You Drive Safer

Adding this display will elevate your older model car for an affordable price.

Data & Recovery

This Cyber Week Exclusive Gets You 1TB of Cloud Storage for $120

If you're looking for a reliable cloud storage solution, look no further than Koofr.

Growing a Business

Serial Entrepreneur Turned VC Reveals 4 Numbers You Need to Know to Scale Your Company

If you're looking to attract investment or simply seeking to scale your business, there are four key numbers you should use as your guiding light.

Thought Leaders

How to Maintain Profitability in a Changing Market

For lasting profitability, entrepreneurs should focus on contributing to consumer value. This applies to business-to-business too.

Starting a Business

This Startup Is Reinventing the Yellow School Bus. Here's Its Playbook for Winning Over the Hardest Customers (Like Public Schools).

Zūm started out selling its "Uber for kids" service to parents. But then its founder realized they could sell to school districts, and have a much bigger impact. Of course, that was easier said than done.