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Mukesh Ambani Tops List Of Richest Indians By China's Hurun For 8th Straight Year

Hurun Rich List 2019: Mukesh Ambani has an estimated wealth of Rs 380,700 crore.
Hurun Rich List 2019: Mukesh Ambani has an estimated wealth of Rs 380,700 crore.

Reliance Industries Chairman Mukesh Ambani has topped the "IIFL Wealth-Hurun India Rich List" for the eight consecutive year, with his wealth estimated at Rs 3,80,700 crore, a press release issued by China's Hurun Research Institute said. London-based SP Hinduja and family, worth Rs 1,86,500 crore, retained the second rank in the list. The founder of Wipro and philantrophist Azim Premji held third spot with a fortune of Rs 1,17,100 crore. LN Mittal, Chairman and Chief Executive Officer of ArcelorMittal, stood at the fourth position with a wealth of Rs 1,07,300 crore, according to "Hurun India Rich List".

Here are the top 10 richest people in India in 2019, according to  "IIFL Wealth-Hurun India Rich List":

Rank Name Wealth in crore (Rs) Company Age Residence
1. Mukesh Ambani   3,80,700 Reliance Industries 62 Maharashtra
2. SP Hinduja & family 1,86,500 Hinduja 83 London
3. Azim Premji 1,17,100 Wipro 74 Karnataka
4. LN Mittal & family 1,07,300 ArcelorMittal 69 London
5. Gautam Adani & family 94,500 Adani Ports & SEZ 57 Gujarat
6. Uday Kotak 94,100 Kotak Mahindra Bank 60 Maharashtra
7. Cyrus S Poonawalla 88,800 Serum Institute of India 78 Maharashtra
8. Cyrus Pallonji Mistry 76,800 Shapoorji Pallonji 51 Maharashtra
8. Shapoor Pallonji Mistry 76,800 Shapoorji Pallonji 54 Monaco
9. Dilip Shanghvi 71,500 Sun Pharmaceutical 63 Maharashtra

(Source: Hurun Research Institute; IIFL Wealth Hurun India Rich List 2019)

The number of Indians in the 2019 edition of the list has grown from 831 in 2018 to 953. The number of dollar billionaires has reduced from 141 to 138, the report said.

Among the richest Indian families too, the Ambani family held the top spot, followed by the Godrej family, which also has businesses in several verticals.