India ranks 3rd globally in billionaires with 185 in 2024. 1st and 2nd are…: Report
India had as many as 185 billionaires in 2024, making its billionaire count highest in the world after the United States and China, according to UBS' latest Billionaire Ambitions Report. Reliance Industries head Mukesh Ambani and Gautam Adani India added 32 billionaires during the past 12 months, a jump of around 21%, and more than double since 2015, the report found. India to witness “significant” rise in billionaires: Report The study, currently in its 10th year, estimated that over the next decade, India is poised to witness a “significant” rise in its count of billionaire entrepreneurs, much like neighbour China did four years ago. India boasts one of the highest numbers of publicly listed family-owned businesses globally, many of which have thrived across generations.” “From traditional family-backed conglomerates to innovative businesses in pharmaceuticals, edtech, fintech, and food delivery, these entrepreneurs have capitalized on emerging opportunities in the new economy,” the survey noted.
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