Home   »   Hurun Global Rich List 2025

Hurun Global Rich List 2025: Shanghai overtakes Mumbai as Asia’s Billionaire Capital

The Hurun Global Rich List 2025 has been released, revealing major shifts in billionaire rankings worldwide. Notably, Shanghai has overtaken Mumbai as the billionaire capital of Asia, and India ranks third globally with 284 billionaires.

India’s Position in the Hurun Global Rich List 2025

India continues its strong presence among the world’s wealthiest nations, ranking third globally with 284 billionaires. The cumulative wealth of Indian billionaires stands at ₹98 lakh crore, marking a 10% increase from last year.

Key Highlights for India:

  • Mumbai loses its position as Asia’s billionaire hub to Shanghai, which has 92 billionaires compared to Mumbai’s 90.
  • 175 Indian billionaires saw an increase in their wealth, while 109 experienced a decline or no change.
  • India is home to seven billionaires under 40, primarily from Bengaluru and Mumbai.
  • Two Indian billionaires are just 34 years old.

India’s Richest Individuals in 2025

Mukesh Ambani Reclaims ‘Richest Person in Asia’ Title

Reliance Industries Chairman Mukesh Ambani has reclaimed his title as the richest person in Asia despite a ₹1 lakh crore decline in his wealth.

Gautam Adani Becomes the Biggest Wealth Gainer

Industrialist Gautam Adani saw a ₹1 lakh crore increase in wealth, marking a 13% rise from last year. His net worth now stands at ₹8.4 lakh crore, slightly behind Ambani’s ₹8.6 lakh crore.

Global Billionaire Rankings

For the first time in a decade, the United States leads the list with 870 billionaires, followed by China with 823 billionaires.

Top 10 Billionaires in the World (2025)

The list continues to be dominated by Silicon Valley billionaires, with American business magnates holding nine out of ten spots.

Rank Name Company Net Worth (in USD)
1 Elon Musk Tesla $420 billion
2 Jeff Bezos Amazon $266 billion
3 Mark Zuckerberg Meta $242 billion
4 Larry Ellison Oracle $203 billion
5 Warren Buffett Berkshire Hathaway $167 billion
6 Larry Page Alphabet (Google) $164 billion
7 Bernard Arnault LVMH $157 billion
8 Steve Ballmer Microsoft $156 billion
9 Sergey Brin Alphabet (Google) $148 billion
10 Bill Gates Microsoft $143 billion

Summary of the Hurun Global Rich List 2025

Key Aspect Details
Why in News? The Hurun Global Rich List 2025 ranks billionaires worldwide, highlighting India’s strong presence.
India’s Global Rank 3rd place with 284 billionaires.
Top Indian Billionaires Mukesh Ambani (₹8.6 lakh crore), Gautam Adani (₹8.4 lakh crore).
Biggest Wealth Gainer in India Gautam Adani (+₹1 lakh crore, 13% increase).
Global Leader in Billionaires United States (870 billionaires), followed by China (823 billionaires).
Billionaire Capital of Asia Shanghai (92 billionaires) overtakes Mumbai (90 billionaires).
Youngest Indian Billionaires Two billionaires aged 34, mainly from Bengaluru and Mumbai.
Global No.1 Billionaire Elon Musk ($420 billion net worth).

India’s growing billionaire count showcases its rising economic influence, despite global financial challenges. The Hurun Global Rich List 2025 highlights India’s increasing wealth distribution and significant contributions to the world economy.

Hurun Global Rich List 2025: Shanghai overtakes Mumbai as Asia's Billionaire Capital_4.1
About the Author

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.