New Delhi: 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 Monday.
The list features as many as 185 people with ‘dollar billionaire’ status, meaning they have wealth of at least $1 billion.
According to the Fortune India-Waterfield Advisors 2024 ranking, the total wealth of India’s billionaires has surged by 50 per cent, up from $832 billion in 2022. At that time, there were 142 dollar billionaires in India.
“This showcases a remarkable growth in wealth despite global economic challenges and a 5 per cent depreciation of the rupee against the dollar,” the report said. The combined wealth of India’s dollar billionaires is now equivalent to 33.81 per cent of India’s nominal gross domestic product (GDP).
Ambani
