📺 Stream EntrepreneurTV for Free 📺

Mukesh Ambani Only Indian In Hurun Global Rich List's Top 10 Billionaires The report compiled by research platform Hurun in coordination with real-estate group M3M, mentioned that the RIL chief occupied ninth rank globally with a net worth of $82 billion

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

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

Twitter handle

Hurun Global Rich List recently revealed that Mukesh Ambani chairman and managing director of Reliance Industries Limited (RIL), is the only Indian to feature in the list of the world's top 10 billionaires, with a wealth of $82 billion.

The report compiled by research platform Hurun in coordination with real-estate group M3M, mentioned that the RIL chief occupied ninth rank globally with a net worth of $82 billion, despite a 20% decline in wealth.

Gautam Adani lost INR 3,000 crore every week over the last year, as per the report. He has slipped 11 places in this year's ranking, but still remains the third-richest energy entrepreneur in this year's rich list.

"After a report in January by US short-seller Hindenburg led to Adani seeing his wealth down by more than 60% from his peak. Just before the report, Adani was briefly the world's second richest person, noted the report.

Among other Indian billionaires, Cyrus Poonawalla of Serum Institute of India stood at third rank with $27 billion net worth, Shiv Nadar and family ranked fourth with a net worth of $26 billion, followed by Lakshmi Mittal at fifth with $20 billion. Other Indian billionaires include SP Hinduja & family, Dilip Shanghvi & family, Radhakishan Damani & family, and Kumar Mangalam Birla & family followed billionaire banker Uday Kotak at tenth rank.

As per the report, India's contribution to the global billionaire population over the past five years has increased steadily and at present, the country contributes 8% of the total global billionaire population compared to 4.9% five years ago. In terms of the number of billionaires who have added $1billion or more over the last year, India occupies sixth rank in the 2023 M3M Hurun Global Rich List.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Business News

Passengers Are Now Entitled to a Full Cash Refund for Canceled Flights, 'Significant' Delays

The U.S. Department of Transportation announced new rules for commercial passengers on Wednesday.

Management

7 Ways You Can Use AI to 10x Your Leadership Skills

While technology can boost individual efficiency and effectiveness, it's essential to balance their use with human intuition and creativity to avoid losing personal connection and to optimize workplace satisfaction.

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Living

Improve Your Work-Life Balance By Applying These 4 Business Skills to Your Personal Life

Stressed? Try one of these four strategies to improve your work/life balance today. Hint: You already use them every day at work.