According to the recently released Hurun Global Rich List, Mukesh Ambani, the Chairman of Reliance Industries and the richest man in Asia, is the only Indian to be ranked among the top 10 billionaires in the world. Despite experiencing a 20 percent decline in his wealth, Ambani still managed to secure the ninth position globally, with a net worth of $82 billion. The report, which was compiled by research platform Hurun in collaboration with real estate group M3M, is titled ‘The 2023 M3M Hurun Global Rich List’.
The Hurun Global Rich List for 2023 ranked a total of 3,112 billionaires from 69 countries and 2,356 companies, which is a decrease from last year’s 3,384 billionaires. The number of billionaires dropped by 8 percent, and their total wealth dropped by 10 percent compared to last year. Out of the total number of billionaires, 1,078 individuals witnessed an increase in their wealth, including 176 new faces. However, 2,479 billionaires saw their wealth remain the same or decrease, and 445 of them dropped off the list altogether.
| Rank | Billionaries | Wealth (US$BN) |
| 1 | Elon Musk | 205 |
| 2 | Jeff Bezos | 188 |
| 3 | Bernard Arnault | — |
| 4 | Bill Gates | 124 |
| 5 | Warren Buffett | 119 |
| 6 | Sergey Brin | 116 |
| 7 | Larry Page | 116 |
| 8 | Steve Ballmer | 107 |
| 9 | Mukesh Ambani | 103 |
| 10 | Bertrand Puech & Family | 102 |
India secured the third position in the 2023 M3M Hurun Global Rich List in terms of the number of billionaires, with a total of 187 billionaires. This number is significantly lower than the US, which has 691 billionaires. The report stated that 30 new individuals joined the billionaire group in India this year. According to Hurun, India’s contribution to the global billionaire population has been steadily increasing over the past five years. Currently, India’s share of the total global billionaire population is 8 percent, compared to 4.9 percent five years ago.
| Global Rank | Name | Wealth $ bn | Main Company |
|---|---|---|---|
| 9 | Mukesh Ambani | 82 | Reliance |
| 23 | Gautam Adani & family | 53 | Adani |
| 46 | Cyrus Poonawalla | 27 | Serum |
| 50 | Shiv Nadar & family | 26 | HCL |
| 76 | Lakshmi N Mittal | 20 | ArcelorMittal |
| 76 | SP Hinduja & family | 20 | Hinduja |
| 98 | Dilip Shanghvi & family | 17 | Sun Pharmaceutical Industries |
| 107 | Radhakishan Damani & family | 16 | Avenue Supermarts |
| 135 | Kumar Mangalam Birla & family | 14 | Aditya Birla |
| 135 | Uday Kotak | 14 | Kotak Mahindra Bank |
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