Mukesh Ambani, chairman of Reliance Industries, has reclaimed the top spot as the richest Indian after a year, as per the '360 One Wealth Hurun India Rich List 2023'. Ambani was ranked at the top with a wealth of ₹8,08,800 crore with 2% appreciation over the previous year.
Industrialist Gautam Adani, despite a 57% erosion in wealth, was ranked second in the list with a wealth of ₹4,74,800 crore.
Last year, he was ahead of Ambani by ₹3 lakh crore.
The top two industrialists are followed by vaccine maker Cyrus S. Poonawalla (₹2,78,500 crore), HCL Group's Shiv Nadar (₹2,28,900 crore), Hinduja Group's Gopichand Hinduja (₹1,76,500 crore) and Sun Pharmaceuticals' Dilip Shanghvi (₹1,64,300 crore).
According to the report, the ₹1,000- crore rich individuals' club was up by 216 to 1,319.
The cumulative wealth of India's rich list stood at ₹109 lakh crore, more than the combined gross domestic product (GDP) of Singapore, the UAE and Saudi Arabia.
The youngest rich Indian title went to 20-year-old Kaivalya Vohra, the Founder of Zepto.
According to the list, 84 start-up founders with a cumulative wealth of ₹4,23,600 crore, with an average age of 41 years, figure in the 2023 rankings.