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These richest 3 Indian families are together worth Singapore's GDP

With ₹25.8 lakh crore ($309 billion), Ambani family ranks first in the list followed by the Bajaj family which comes second with ₹7.1 lakh crore.

Updated on: Aug 9, 2024, 14:10:17 IST
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Businesses of India's three wealthiest families put together is worth $460 billion- as much as Singapore’s GDP, Barclays Private Clients Hurun India most valuable family businesses list noted. With 25.8 lakh crore ($309 billion), Ambani family ranks first in the list followed by the Bajaj family, headed by Niraj Bajaj, which comes second with 7.1 lakh crore and the Kumar Mangalam Birla-headed Birla family ranks third with 5.4 lakh crore.

Read more: Ambani family's wealth is 10% of India GDP: Barclays-Hurun India report

Barclays Private Clients Hurun India most valuable family businesses list said that  the fortune of India's three wealthiest families is as much as Singapore's GDP.
Barclays Private Clients Hurun India most valuable family businesses list said that the fortune of India's three wealthiest families is as much as Singapore's GDP.

The first-generation entrepreneurs list is led by Adanis valued at 15.4 lakh crore, followed by Poonawalla family valued at 2.4 lakh crore and Divi family, with a valuation of 91,200 crore.

Read more: Meet China's richest man: 10 points on E-commerce tycoon Colin Huang who was once a Google employee

Business families in the 2024 list control a total value of $1.3 trillion, exceeding combined GDP of Switzerland and the UAE as per the list. In total, 124 families on the list have a net worth of at least $1 billion.

The list also noted that in terms of share price growth since inheritance, the Benu Bangur family leads with a 571-fold increase, followed by the Taparia family with a 387-fold growth and the Dharmpal Agarwal family with a 316-fold rise.

Read more: 'India's Elon Musk' Bhavish Aggarwal doubles his net worth with Ola Electric IPO listing

 
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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