Rich List: India, 2015: Hurun

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Hurun India Rich List

In September 2015, Hurun Report released the Hurun India Rich List, a list of the richest people in India with a cut-off of INR 1,600 Cr. This is the fourth year of the list, which has become a benchmark for the private sector and has become widely accepted to be the most robust attempt at covering entrepreneurship in India. Wealth calculations are a snapshot of net worth of living individuals as of 31 July 2015 when the rate of exchange to the US dollar was INR 64.0.

With 76 new faces, Hurun Report launched its Indian Rich List 2015

Brief highlights

With Rs 1,60,950 cr, Mukesh Ambani is the richest man in india for 4th year

India produces 124 billionaires, a record number since the inception of Hurun India Rich List for 2012

Uday Kotak storms into top 10

85% in the list are family run businesses

Mumbai and New Delhi make up half of rich list, adding 17 and 16

For the first time, Azim Premji loses the spot in top 5, due to his philanthropic donations

Some details

Hurun Report India releases Hurun India Rich List 2015, presented by jewelry-brand Joyalukkas

• Hurun Report finds 296 individuals with INR 1,600 Cr or more, up 76 from last year and double that of two years ago [294 listed on this page]

• India had a mixed year with some sectors such as mobile phone and e-commerce doing well and other such as real estate and energy had a bad year. Overall, it was an average year of India’s entrepreneur

• Owing to a 6% devaluation of Indian Rupee against the US dollar and a lacklustre performance of key sectors such as steel, energy and real estate, the average wealth dropped 7%

• India is adding more billionaires. Number of dollar billionaires has increased to 124 from 109 last year. The inaugural Hurun India Rich List had just 59 billionaires in 2012

• 36 have migrated out of India and are NRI

• 13 saw their wealth double year on year; The fastest riser is Dhiraj Rajaram (40) of Mu Sigma, a data analytics business, shooting up 593% to INR 17,790 Cr.

• 58 individuals saw their wealth decline, led by the oil and gas sector, after uncertainly continued to surround the Middle East. Ajay Kalsi (54) of Indus Gas declined by 242% dropping him to the bottom of the list.

• Mukesh Ambani (58) of Reliance, holds on to his position as the richest man in India with a fortune of INR 1,60,951 Cr, down by 3% from last year. Ambani seems to be betting on digital space by committing over INR 2,50,000 Cr to PM Modi’s Digital India initiative.

• London-based SP Hinduja & Family (81) of Hinduja Group shot up to 3rd position, from 6th last year, after seeing their wealth grow 43% to INR 1,03,030 Cr

• Whilst Mumbai continues to dominate with 29% of the list residing there, Delhi came in second with 19%, followed by Bangalore with 8%

• Manufacturing continues to dominate with 15% of the list, followed by pharmaceuticals and real estate with 9% and 6% respectively.

• Only 61% are self-made, down by 6% from last year

• The only self-made woman in the list is the ‘BioTech Queen’ Kiran Mazumdar-Shaw (62) who saw her net worth decrease by 6% to INR 6143 Cr

• At 28 years, Ankit Bhati and at 29, Bhavish Aggarwal founders of Ola Cabs, “India’s answer to Uber”, are the youngest self-made Indians in the list. The Tyre prince, Rajiv Poddar (30) of Balakrishna Industries follows.

• The combined wealth of India’s richest is a staggering US$478bn, equating to 22% of India’s GDP last year and larger than the GDPs of UAE ($402bn), South Africa ($350bn) & Singapore ($308bn).

• For the first time, Azim Premji (69) loses the spot in Top 5, due to his philanthropic donations

• Supported by 33% increase, with INR 47,608 Cr, Uday Kotak (55) breaks into Top 10

• Now accepted as a leading authority on India’s private wealth, Hurun Report launched the India Rich List for the fourth time. It has more details than other rival rich lists.

2015: Hurun Rich list, highlights

Source: The Times of India

The Times of India, Sep 12 2015, Anand J & Shilpa Phadnis

The Times of India, Sep 12 2015

2015: Biggest gainers; Graphic courtesy: The Times of India, Sep 12 2015
2015: Richest and youngest super-rich Indians; Graphic courtesy: The Times of India, Sep 12 2015

Ola founders youngest on list of super-rich Indians

Charity pushes Premji out of top 5 in rich list

At the top, Mukesh Ambani was followed by Dilip Sanghvi of Sun Pharma, S P Hinduja & family of the Hinduja Group, Shiv Nadar of HCL, and Pallonji Mistry of the Shapoorji Pallonji Group. For the first time, Wipro chairman Azim Premji fell off the top 5 rankings. He's now at the seventh spot, with his net worth plummeting 59% to Rs 51,900 crore.

The new-age entrepreneurship boom in India is being reflected in the ranks of the wealthiest Indians, with several first-timers entering the super-rich list. The debutants include Ola founders Ankit Bhati, 28, and Bhavish Aggarwal, 29, who are also the youngest on the list. With their personal fortunes estimated at Rs 2,385 crore each, the duo are jointly ranked 238th. While the top spots are occupied by familiar faces, with Reliance Industries chairman Mukesh Ambani ranked numero uno with a net worth of Rs 1.6 lakh crore, the list also throws up some surprises. For example, the Indian who posted the biggest gain in wealth over the past year is reported to be Dhiraj Rajaram, the 40-year-old founder of Bengaluru-based analytics firm Mu Sigma. Rajaram saw his personal fortune rise six-fold, to Rs 17,800 crore. His ranking has risen 127 spots to No. 38, according to the Hurun India Rich List for 2015. There are 76 new faces among the 296 who made it to the Hurun India Rich List this year, with the cut-off level being personal wealth of Rs 1,600 crore. Apart from Ola's Bhati and Aggarwal, other prominent tech entrepreneurs on the list include Flipkart's Sachin Bansal, 34, and Binny Bansal, 34, whose estimated wealth of Rs 9,010 crore each puts them at the 85th spot, a rise of 58 positions. Snapdeal's Kunal Bahl, 32, is a new entrant, jumping straight to the 243rd spot with a wealth of Rs 2,314 crore.

Vijay Shekhar Sharma, 38, of mobile wallet and ecommerce firm Paytm, and Naveen Tewari, 39, of the mobile ad network InMobi are also new entrants.

Most of these technology and internet companies have raised significant amounts of private equity capital at substantial valuations over the past year. Flipkart's latest fund raise valued the firm at $15 billion, and Snapdeal's valued it close to $5 billion. Most of the new-age startup founders are also exceptional in that they are self-made; 85% of those in the list are part of family businesses.

“Despite the weakening of the stock market and the rupee, the Hurun India Rich List expanded by 76 entrepreneurs, showing the resilience and dynamism of the Indian private sector,“ said Anas Rahman Junaid, India head, Hurun Report. The Hurun Report was started by researcher Rupert Hoogewerf. The first report, in 1999, was on the rich in China, and Hoogewerf has since been regularly bringing out a China rich list. The India initiative began two years ago.

At the top, Mukesh Ambani was followed by Dilip Sanghvi of Sun Pharma, S P Hinduja & family of the Hinduja Group, Shiv Nadar of HCL, and Pallonji Mistry of the Shapoorji Pallonji Group. For the first time, Wipro chairman Azim Premji fell off the top 5 rankings. He's now at the seventh spot, with his net worth plummeting 59% to Rs 51,900 crore.

2015: Hurun: India Rich List (top 294)

Below is an edited version of Hurun’s India Rich List 2015. For the details on age, gender, industry change of rank, change of wealth, self-made degree etc. please go to Hurun

The top 294 (chart)

Rank

Name

Net worth in crore rupees

Net worth in billion US $

Companies include

Residence

1

Mukesh Ambani

160,950

 25.2

Reliance

Mumbai

2

Dilip Shanghvi

126,290

 19.8

Sun Pharma

Brasschaat

3

SP Hinduja & family

103,030

 16.2

Hinduja

London

4

Shiv Nadar

94,020

 14.7

HCL

New Delhi

5

Pallonji Mistry

87,290

 13.7

Shapoorji Pallonji

Mumbai

6

LN Mittal

83,400

 13.1

ArcelorMittal

London

7

Azim Premji

51,900

 8.1

Wipro

Bangalore

8

Gautam Adani

50,500

 7.5

Adani Enterprises

Ahmedabad

9

Sunil Mittal & Family

48,540

 7.6

Bharti Airtel

New Delhi

10

Uday Kotak

47,610

 7.5

Kotak Mahindra

Mumbai

11

Cyrus S Poonawalla

 42,251

 6.6

Serum

Pune

12

Anand Burman & Family

 40,856

 6.4

Dabur

New Delhi

13

Kumara Mangalam Birla

 39,653

 6.2

Aditya Birla

Mumbai

14

Desh Bandhu Gupta

 39,094

 6.1

Lupin

Mumbai

15

Adi Godrej

 31,888

 5.0

Godrej

Mumbai

15

Jamshyd Godrej

 31,888

 5.0

Godrej

Mumbai

17

Pankaj Patel

 31,778

 5.0

Cadila

Ahmedabad

18

Vikram Lal

 31,263

 4.9

Eicher Motors

New Delhi

19

Micky jagtiani

 30,927

 4.9

Landmark

Dubai

20

Nusli Wadia

 29,381

 4.6

Britannia

Mumbai

21

Subhash Chandra

 29,137

 4.6

Zee

Mumbai

22

Benu Gopal Bangur

 28,273

 4.4

Shree Cements

Kolkata

23

Anil Ambani

 27,359

 4.3

ADA Reliance

Mumbai

24

Rahul Bajaj

 27,120

 4.3

Bajaj Auto

Pune

25

Anil Agarwal

 24,358

 3.8

Vedanta Resource

London

26

Brijmohan Lall Munjal & Family

 23,440

 3.7

Hero Moto

Ludhiana

27

Yusuf Hamied

 23,049

 3.6

Cipla

Mumbai

28

Madhukar Parekh

 22,006

 3.5

Pidilite

Mumbai

29

Shashi Ruia

 21,269

 3.3

Essar

Mumbai

29

Ravi Ruia

 21,269

 3.3

Essar

Mumbai

31

Ashwin Dani

 20,235

 3.2

Asian Paints

Mumbai

32

Ajay Piramal

 19,421

 3.0

Piramal Enterprise

Mumbai

33

Indu Jain

 19,179

 3.0

Bennett Coleman

New Delhi

34

GV Prasad

 18,625

 2.9

Dr. Reddy's Lab

Hyderabad

35

Harsh Mariwala

 18,607

 2.9

Marico

Mumbai

36

A Vellayan Murugappa & Family

 18,463

 2.9

Carborundum

Chennai

37

Romesh T Wadhwani

 18,137

 2.8

Symphony

Palo Alto

38

Dhiraj Rajaram

 17,789

 2.8

Mu Sigma

Bangalore

39

Chandru Raheja

 17,575

 2.8

Shoppers Stop

Mumbai

40

Yusuffali MA

 17,534

 2.8

Emke

Abu Dhabi

41

Feroz Allana

 17,443

 2.7

IFFCO

Sharjah

42

Kushal Pal Singh

 16,855

 2.6

DLF

New Delhi

43

PV Ramaprasad Reddy

 16,506

 2.6

Aurobindo Pharma

Hyderabad

44

Baba Kalyani

 16,083

 2.5

Bharat Forge

Pune

45

Rajan Raheja

 15,951

 2.5

Hathway Cable

Mumbai

46

Rishad Naoroji

 15,944

 2.5

Godrej

Mumbai

47

Savitri Jindal & Family

 15,680

 2.5

JSPL

Hisar

48

Vijay Chauhan & Family

 15,349

 2.4

Parle Products

Mumbai

49

Malvinder Singh

 15,140

 2.4

Fortis Healthcare

New Delhi

49

Shivinder Singh

 15,140

 2.4

Fortis Healthcare

New Delhi

51

Murali Divi

 14,925

 2.3

Divi's Lab

Hyderabad

52

Ashwin Choksi

 14,722

 2.3

Asian Paints

Mumbai

53

Glenn Saldanha & Family

 14,555

 2.3

Glenmark  Pharma

Mumbai

54

Abhay Vakil

 14,285

 2.2

Asian Paints

Mumbai

55

Ravi Pillai

 13,900

 2.2

RP

Dubai

56

Vivek Chaand Sehgal

 13,583

 2.1

Motherson Sumi

New Delhi

57

Habil Khorakiwala

 13,321

 2.1

Wockhardt

Mumbai

58

Ravi Jaipuria

 13,254

 2.1

RJ Corp

New Delhi

59

Kalanithi Maran

 12,697

 2.0

Sun Network

Chennai

60

NR Narayana Murthy

 12,688

 2.0

Infosys

Bangalore

61

Kavitark Ram Shriram

 12,400

 1.9

Google

Menlo Park

62

Manoj Bhargava

 12,291

 1.9

5 Hour Energy

Farmington Hills

63

Radhe Shyam Agarwal

 12,051

 1.9

Emami

Kolkata

63

Radhe Shyam Goenka

 12,051

 1.9

Emami

Kolkata

65

Qimat Rai Gupta

 11,803

 1.9

Havells India

New Delhi

66

Sudhir Mehta

 11,622

 1.8

Torrent Pharma

Ahmedabad

66

Samir Mehta

 11,622

 1.8

Torrent Pharma

Ahmedabad

68

Vinod Khosla

 11,477

 1.8

Khosla Ventures

Portola Valley

69

Ratan Tata

 11,317

 1.8

Tata Sons

Mumbai

70

Mannalal B Agarwal & Family

 11,165

 1.8

Ajanta Pharma

Mumbai

71

PNC Menon

 10,958

 1.7

PNC Investments

Bangalore

72

Sanjay Singal

 10,843

 1.7

Bhushan Power & Steel

New Delhi

73

Swraj Paul

 10,712

 1.7

Caparo

London

74

Samprada Singh

 10,373

 1.6

Alkem Laboratories

Mumbai

75

Mangal Prabhat Lodha

 9,981

 1.6

Lodha

Mumbai

76

Ranjan Pai

 9,923

 1.6

Manipal Education

Bangalore

77

Balkrishnan Goenka

 9,819

 1.5

Welspun Corp

Mumbai

78

Sameer Gehlaut

 9,814

 1.5

Indiabulls Financial

Mumbai

79

Sunny Varkey

 9,778

 1.5

Gems Education

Dubai

80

Mofatraj Munot

 9,721

 1.5

Kalpataru 

Mumbai

81

Mallika Srinivasan

 9,561

 1.5

TAFE

Chennai

82

S Gopalakrishnan

 9,288

 1.5

Infosys

Bangalore

83

Rajesh Mehta

 9,088

 1.4

Rajesh Exports

Bangalore

84

VG Siddhartha

 9,039

 1.4

Mindtree

Bangalore

85

Binny Bansaal

 9,010

 1.4

Flipkart

Bangalore

85

Sachin Bansaal

 9,010

 1.4

Flipkart

Bangalore

87

Prakash Lohia

 8,962

 1.4

Indorama

London

88

Anand Mahindra

 8,947

 1.4

M&M

Mumbai

89

Tony  Jashanmal

 8,944

 1.4

Jashanmal

Dubai

90

Nandan Nilekani

 8,862

 1.4

Infosys

Bangalore

91

Ramesh Genomal & Family

 8,755

 1.4

Page Industries

Bangalore

92

Aloke Lohia

 8,611

 1.4

Indorama

Bangkok

93

Gautam Thapar

 8,575

 1.3

Crompton Greaves

New Delhi

94

Rajju Shroff

 8,519

 1.3

United Phosphorus

Mumbai

95

Hemendra Kothari

 8,512

 1.3

DSP BlackRock

Mumbai

96

Nirav Modi

 8,276

 1.3

Firestar Diamonds

Mumbai

97

Anu Aga

 8,174

 1.3

Thermax

Pune

98

Devendra Kumar Jain

 8,161

 1.3

Gujarat Flourochemicals

New Delhi

99

Hasmukh Chudgar & Family

 8,119

 1.3

Intas Pharma

Ahmedabad

100

Rakesh Jhunjhunwala

 7,980

 1.3

Rare Enterprises

Mumbai

101

Analjit Singh

 7,890

 1.2

Max India

New Delhi

102

TS Kalyanaraman

 7,831

 1.2

Kalyan Jewellers

Thrissur

103

Sanjiv Goenka

 7,499

 1.2

Spencer Retail

Kolkata

104

Prathap Reddy

 7,136

 1.1

Apollo Hospitals

Chennai

105

Vikas Oberoi

 7,126

 1.1

Oberoi Realty

Mumbai

106

Prithviraj Kothari

 7,096

 1.1

RSBL

Mumbai

107

Suhail Rizvi

 7,021

 1.1

Rizvi Traverse Capital

San Francisco

108

Chirayu R Amin & Family

 6,869

 1.1

Alembic Pharma

Mumbai

109

Murli Dhar Gyan Chandani & Family

 6,856

 1.1

RSPL

Kanpur

109

Bimal Gyan Chandani & Family

 6,856

 1.1

RSPL

Kanpur

111

Joy Alukkas

 6,851

 1.1

Joy Alukkas

Kochi

112

Kapil Bhatia & Rahul Bhatia

 6,757

 1.1

Interglobe Enterprise

New Delhi

113

K Dinesh

 6,696

 1.1

Infosys

Bangalore

114

Prakash Chauhan & Family

 6,589

 1.0

Parle Agro Foods

Mumbai

115

MG George Muthoot & Family

 6,476

 1.0

Muthoot Finance

New Delhi

116

Azad Moopen

 6,421

 1.0

DM Healthcare

Dubai

117

Harsh Goenka

 6,418

 1.0

RPG Enterprises

Mumbai

118

Bhadresh Shah

 6,345

 1.0

AIA

Ahmedabad

119

Rakesh Gangwal

 6,305

 1.0

Interglobal Enterprise

Miami

120

Gurbachan Singh Dhingra

 6,231

 1.0

Berger Paints

Kolkata

120

Kuldip Singh Dhingra

 6,231

 1.0

Berger Paints

Kolkata

122

Kiran Mazumdar-Shaw

 6,143

 1.0

Biocon

Bangalore

123

Irfan Razack

 6,097

 1.0

Prestige Estate Projects

Bangalore

124

Jasminder Singh and family

 6,076

 1.0

Edwardian 

Berkshire

125

Ramesh Juneja

 6,026

 0.9

Mankind Pharma

New Delhi

125

Rajeev Juneja

 6,026

 0.9

Mankind Pharma

Delhi

127

Bhupendra Kumar Modi

 5,961

 0.9

Spice

Singapore

128

Puranmal Bansal and Family

 5,903

 0.9

M.D Overseas

New Delhi

129

SD Shibulal

 5,891

 0.9

Infosys

Bangalore

130

Jawaharlal Gangaramani

 5,873

 0.9

Al Fara

Abu Dhabi

131

Krishnan Ganesh

 5,852

 0.9

IT&T

Bangalore

132

Shishir Bajaj

 5,826

 0.9

Bajaj Hindustan

Mumbai

133

Salil Singhal & Family

 5,745

 0.9

PI Industries

New Delhi

134

Satyanarayan Nandlal Nuwa

 5,661

 0.9

Solar Industries

Nagpur

135

GM Rao

 5,631

 0.9

GMR

Bangalore

136

Ramesh Kumar Dua & Family

 5,567

 0.9

Relaxo Footwear

New Delhi

137

Kanaksi Gokaldas Khimji & Family

 5,518

 0.9

Khimji Ramdas

Muscat

138

Virendra Mhaiskar

 5,504

 0.9

IRB Infra

Mumbai

139

K.M. Mammen & Family

 5,210

 0.8

MRF Tyres

Chennai

140

Satish Ramanlal Mehta

 5,176

 0.8

Emcure

Pune

141

Rizwan Sajan

 5,157

 0.8

Danube

Dubai

142

Karsanbhai Patel

 5,100

 0.8

Nirma

Ahmedabad

143

Keshub Mahindra

 5,057

 0.8

Mahindra & Mahindra

Mumbai

144

Murli Kewalram Chanrai

 5,018

 0.8

Kewalram chanrai

-

145

Onkar Kanwar

 4,996

 0.8

Apollo Tyres

Gurgaon

146

Achal Anil Bakeri & Family

 4,975

 0.8

Symphony

-

147

Sudhir Hasija

 4,970

 0.8

Karbonn

Bangalore

148

Anand Jain

 4,962

 0.8

Jai Corp

Mumbai

149

Ramesh Agarwal

 4,957

 0.8

DB Corp

Bhopal

150

Jithendra Virwani

 4,866

 0.8

Embassy Property

Bangalore

151

CV Jacob & Family

 4,859

 0.8

Synthite

Kolencherry

152

Sanjeev Bikhchandani

 4,815

 0.8

Info Edge India

New Delhi

153

Yogesh Mehta

 4,695

 0.7

Petrochem ME

Dubai

154

Shyam Bhartia

 4,620

 0.7

Jubilant Life Science

New Delhi

154

Hari Bhartia

 4,620

 0.7

Jubilant Life Science

New Delhi

156

Arun Bharat Ram

 4,608

 0.7

SRF

New Delhi

157

Tom Singh

 4,591

 0.7

New Look

Weymouth

158

Niranjan Hiranandani

 4,555

 0.7

Hiranandani

Mumbai

159

BR Shetty

 4,550

 0.7

NMC

Abu Dhabi

160

VC Nannapaneni

 4,530

 0.7

Natco Pharma

Hyderabad

161

Rana Kapoor

 4,490

 0.7

Yes Bank

Mumbai

162

BL Taparia & Family

 4,367

 0.7

Supreme

Mumbai

163

Atul Chordia

 4,346

 0.7

Panchshil Realty

Pune

163

Sagar Chordia

 4,346

 0.7

Panchshil Realty

Pune

165

Ramachandra N Galla & Family

 4,311

 0.7

Amara Raja Battery

Hyderabad

166

Premchand Godha

 4,310

 0.7

IPCA Laboratories

Mumbai

167

Rajiv Poddar

 4,226

 0.7

Balkrishna

Mumbai

168

Kishore Biyani

 4,166

 0.7

Future capital

Mumbai

169

TT Jagannathan

 4,138

 0.6

TTK Prestige

Bangalore

170

Anand Suresh Deshpande

 4,095

 0.6

Persistent Systems

Pune

171

Rahul Sharma

 4,070

 0.6

Micromax

Gurgaon

172

Rajesh Agarwal

 4,068

 0.6

Micromax

Delhi

172

Sumeet Kumar

 4,068

 0.6

Micromax

Delhi

172

Vikas Jain

 4,068

 0.6

Micromax

Delhi

175

Jai Hari Dalmia & Family

 4,061

 0.6

Dalmia Bharat

New Delhi

176

MP Ramachandran

 4,038

 0.6

Jyothy Laboratories

Mumbai

177

Motilal Oswal

 4,019

 0.6

Motilal Oswal

Mumbai

178

Chandu Virani

 4,015

 0.6

Balaji Wafers

Rajkot

179

Sanjay S Lalbhai

 3,957

 0.6

Arvind

Ahmedabad

180

Madhu Kapur

 3,926

 0.6

Yes Bank

Mumbai

181

Chandramogan RG & Family

 3,836

 0.6

Hatsun Agro

Sivakasi

182

Atul Ruia

 3,795

 0.6

Phoenix Mills

Mumbai

183

Deepak Babani

 3,745

 0.6

Eros

Dubai

184

Venugopal Dhoot

 3,737

 0.6

Videocon

Mumbai

185

Priya Paul

 3,668

 0.6

Appejay Surender

Kolkata

186

Naresh Trehan

 3,632

 0.6

Medanta Medicity

New Delhi

187

Dinesh Nandwana

 3,573

 0.6

Vakranjee Software

Mumbai

188

Kamal Kishore Gupta

 3,549

 0.6

Omkar Realtors

Mumbai

189

M Prabhakara Rao

 3,544

 0.6

Nuziveedu Seeds

Hyderabad

190

GV Bhaskar Rao

 3,538

 0.6

Kaveri Seed

Secunderabad

191

Yadupati Singhania

 3,508

 0.6

J K Cements

New Delhi

192

Lachman Das Mittal

 3,486

 0.5

Sonalika

Hoshiarpur

193

Kishore Lulla & Family

 3,422

 0.5

Eros International Media

Mumbai

193

Vijay Ahuja & Family

 3,422

 0.5

Eros International Media

Mumbai

195

Jai R Shroff

 3,376

 0.5

Advanta

Hyderabad

196

Balram Garg

 3,359

 0.5

PC Jeweller

Delhi

197

Vallabhbhai Patel

 3,355

 0.5

Kiran Gems

Mumbai

197

Mavji Patel

 3,355

 0.5

Kiran Gems

Mumbai

197

Babu Lakhani

 3,355

 0.5

Kiran Gems

Mumbai

200

Ashok Kumar Kajaria & Family

 3,228

 0.5

Kajaria

New Delhi

201

Kochouseph Chittilappilly & Family

 3,225

 0.5

V guard

Kochi

202

Amit Jatia & Family

 3,208

 0.5

Westlife Development

Mumbai

203

Dhruv M Sawheny & Family

 3,174

 0.5

Triveni Turbines

New Delhi

204

Ranjit Puri & Family

 3,105

 0.5

Isgec Heavy Engineering

Noida

205

Raghav Bahl

 3,092

 0.5

TV 18 Broadcast

Noida

206

MAM Ramaswamy & Family

 3,068

 0.5

Chettinad Cement

Chennai

207

Shahrukh Khan

 3,060

 0.5

Red Chillies Entertainment

Mumbai

208

Jahangir Wadia

 2,996

 0.5

Go Air

Mumbai

209

Nimesh Kampania

 2,945

 0.5

JM Financials

Mumbai

210

Nishita Shah Federbush & Family

 2,914

 0.5

Precious Shipping

Bangkok

211

Mahendra Mohan Gupta & Family

 2,906

 0.5

Jagran Prakashan

Kanpur

212

Shashi Kiran Shetty

 2,896

 0.5

Allcargo Logistics

Mumbai

213

B Soundararajan

 2,838

 0.4

Suguna Foods

Coimbatore

213

GB Soundarajan

 2,838

 0.4

Suguna Foods

Coimbatore

215

Vijay Shankar Sharma

 2,824

 0.4

Paytm

Delhi

216

Vishnubhai M Patel & Family

 2,821

 0.4

Sadbhav Engineering

Ahmedabad

217

Prithvi Raj Singh Oberoi

 2,789

 0.4

East India Hotels

New Delhi

218

Atul Chandrakant Kirloskar & Brothers

 2,779

 0.4

Kirsloskar Oil Engine

Pune

219

Vijay Sankeshwar & Family

 2,740

 0.4

VRL Logistics

Hubli

220

Venkatachalam Sthanu Subramani

 2,725

 0.4

Just Dial

Mumbai

221

Kapil Wadhawan & Family

 2,701

 0.4

Dewan Housing Finance

Mumbai

222

Rajiv Gupta

 2,672

 0.4

MGF

New Delhi

223

Rajendra Chandrakant Gogri

 2,614

 0.4

Aarti Industries

Mumbai

224

Paragon Family

 2,603

 0.4

Paragon

Kottayam

225

Ramprakash V Bubna & Family

 2,593

 0.4

Sharda Cropchem

Mumbai

226

Naresh Goyal

 2,581

 0.4

Jet Airways

Mumbai

227

Sandeep Pravinbhai Engineer

 2,569

 0.4

Astral Poly Tech

Ahmedabad

228

Tulsi Tanti

 2,537

 0.4

Suzlon

Pune

229

Russell Mehta

 2,528

 0.4

Rosy Blue

Mumbai

229

Amit Bhansali

 2,528

 0.4

Rosy Blue

Antwerp

231

Padam chand Gupta

 2,527

 0.4

PC Jeweller

Delhi

232

Rahul Dhanuka

 2,509

 0.4

Dhanuka Agritech

Gurgaon

233

K Sivalinkam Mudaliar & Family

 2,459

 0.4

Chennai Silks

-

234

Getamber Anand

 2,456

 0.4

ATS

Noida

235

Ramesh S Ramakrishnan

 2,447

 0.4

Transworld

Dubai

236

Bharat Hari Singhania & Family

 2,438

 0.4

JK Organistation

New Delhi

237

GSK Velu

 2,430

 0.4

Trivitron Healthcare

Chennai

238

Bhavish Aggarwal

 2,385

 0.4

Ola cab

Mumbai

238

Ankit Bhati

 2,385

 0.4

Ola cab

Mumbai

240

Jaiprakash Gaur

 2,363

 0.4

JP Associates

New Delhi

241

Padmasingh Isaac

 2,343

 0.4

Aachi Masala

Chennai

242

Lachmandas Pagarani

 2,324

 0.4

Al Maya

Dubai

243

Kunal Bhal

 2,314

 0.4

Snapdeal

Delhi

244

AM Arun

 2,314

 0.4

Vasan Eye Care

Tiruchirappalli

245

Mohan Anand Chandavarkar & Family

 2,279

 0.4

F D C 

Mumbai

246

Abhay Firodia

 2,263

 0.4

Force Motors

Pune

247

Pralhad P Chhabria & Family

 2,254

 0.4

Finolex industries

-

248

Kunwer Sachdev

 2,226

 0.3

Su Kam

New Delhi

249

Venkateswarlu Jasti

 2,216

 0.3

Suven Life Sciences .

Hyderabad

250

PVN Raju

 2,208

 0.3

Gland Pharma

Hyderabad

251

Sabu M Jacob

 2,204

 0.3

Kitex Garments

Kochi

252

Rashesh Chandrakant Shah

 2,146

 0.3

Edelweiss Capital

Mumbai

253

Santosh Joseph

 2,130

 0.3

Dubai Pearl

Dubai

254

Giridhar Jaisinghani

 2,120

 0.3

Polycab

Delhi

254

Inder Jaisinghani

 2,120

 0.3

Polycab

Delhi

254

Ramesh Jaisinghani

 2,120

 0.3

Polycab

Delhi

254

Ajay Jaisinghani

 2,120

 0.3

Polycab

Delhi

258

Ravinder Kumar

 2,090

 0.3

DS

Noida

258

Rajiv Kumar

 2,090

 0.3

DS

Noida

258

Puesh Kumar

 2,090

 0.3

DS

Noida

258

Ajay Kumar

 2,090

 0.3

DS

Noida

258

Atul Jain

 2,090

 0.3

DS

Noida

263

Nikhil Gadhi & Bhavesh Gandhi

 2,063

 0.3

Pipavav

Mumbai

264

Suresh G Kare

 2,052

 0.3

Indoco Remadies

Mumbai

265

Karan Thapar

 2,051

 0.3

Greaves Cotton

Mumbai

266

Basant Kumar Birla

 2,050

 0.3

Century Textile

Kolkata

267

Rohtas Goel

 2,029

 0.3

Omaxe Realty

Delhi

268

Arvind Dham

 2,014

 0.3

Amtek auto

New Delhi

269

Nirmal Bhanwarlal Jain

 1,989

 0.3

IIFL Holdings

Mumbai

270

SP Oswal

 1,974

 0.3

Vardhman Textiles

-

271

Hari Om Rai

 1,951

 0.3

Lava International

New Delhi

271

Sunil Bhalla

 1,951

 0.3

Lava International

Noida

271

Shailendra Nath Rai

 1,951

 0.3

Lava International

Noida

271

Vishal Segal

 1,951

 0.3

Lava International

Delhi

275

Paul P john

 1,930

 0.3

John Distilleries

-

276

Shobhana Bhartia

 1,922

 0.3

HT

New Delhi

277

KVP Sadayandi Moopanar

 1,900

 0.3

Pothys

Chennai

278

Dinesh B Patel & Amit Patel

 1,833

 0.3

Sintex

Kolol

279

Thomas George Muthoot

 1,805

 0.3

Muthoot Fincorp

Kochi

280

NK Ramanathan & Family

 1,793

 0.3

Nalli

Chennai

281

Rajarathinam Nadar

 1,782

 0.3

Saravana Stores

Chennai

281

Yogarathinam

Nadar

 1,782

 0.3

Saravana Stores

Chennai

283

Sanjay Agarwal & Family

 1,777

 0.3

Century Plyboard

Kolkata

284

Shantilal J Mehta

 1,774

 0.3

Navkar Corporation 

Mumbai

285

Prakash M Sanghvi & Family

 1,763

 0.3

Ratnamani Steels

-

286

Bharat Kanaiyalal Sheth & Family

 1,754

 0.3

Great Eastern Shipping

Mumbai

287

Avinash Jain & Family

 1,754

 0.3

Arise India

Delhi

288

Sandeep Parasrampuria

 1,723

 0.3

Best IT World

Mumbai

289

Naveen Tewari

 1,683

 0.3

Inmobi

Bangalore

290

Pranay Chulet

 1,682

 0.3

Quikr

Mumbai

291

Ramasubrahmaneya Rajha

 1,681

 0.3

Ramco Cements

Chennai

292

Ajay Kalsi

 1,656

 0.3

Indus Gas

New Delhi

293

Yerraguntla Guruswamy Naidu

 1,642

 0.3

Celkon Impex

 Hyderabad

294

Dilip Suryavanshi

 1,628

 0.3

Dilip Bildcon

Bhopal

 

The cities in which India's wealthiest people live

 

 

 City

2015 No. of persons on Hurun’s Rich List 2015

Percentage of all India total

Change in number of persons compared to the Rich List 2014

1

Mumbai

87

29%

+17

2

New Delhi

55

19%

+16

3

Bangalore

23

8%

No change

4

Dubai

15

5%

No change

5

Ahmedabad

10

3%

No change

6

Pune

11

4%

+3

7

Chennai

16

5%

+5

8

Kolkata

10

3%

+1

 

Acknowledgements

Mr. Vineeth C of NashCP.com advised us to make the following corrections, which we have done:

Old...................................Correction

Rank Name.............................Rank...Name

139...Mammen Mathew & Family....139 K M Mammen & Family

224...Thomas Mani..................224.....Paragon Family

See also…

Rich List: India <> Rich List: India, 2014: Forbes <>Rich List: India, 2014: Hurun <>Rich List: India, 2015: Forbes <> Rich List: India, 2015: Hurun <>Rich list, India: 2016 <> Rich List: India, 2016: Forbes <> Rich List: India, 2017 <> Rich List: India, 2017: Hurun<> Rich list, India: 2018

Rich list of film artistes: India

…and also

Rich List: Nepal<> Celebrity List: India<> Indian money in HSBC, Switzerland <> Private lives of famous Indians

…and also

Public Companies, South Asia's Biggest

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