Mukesh Ambani Reclaims Title of India's Richest Individual, Overtaking Gautam Adani, on Hurun India Rich List 2023

Wed, Oct 11, 2023 8:55 AM on Others, Featured, International,

In a notable shift in the rankings of India's wealthiest individuals, Mukesh Ambani, the Chairman of Reliance Industries Limited (RIL), has once again claimed the coveted title of India's richest individual on the Hurun India Rich List 2023. This achievement marks a remarkable comeback for Ambani, who was temporarily surpassed by Gautam Adani, the Chairman of the Adani Group, in the 2022 rankings.

The change in the hierarchy of India's wealthiest has been attributed to significant fluctuations in the fortunes of Gautam Adani. These fluctuations can be primarily attributed to the impact of the Hindenburg Research report, which cast a shadow of doubt over certain aspects of Adani's business empire.

These findings were unveiled in the Hurun India Rich List 2023, a prestigious annual compilation that offers a detailed glimpse into the financial success and accomplishments of India's elite. The list, now in its 12th year, is a collaborative effort between Hurun India and 360 ONE Wealth, shedding light on the nation's wealthiest individuals.

The 360 ONE Wealth Hurun India Rich List 2023 has revealed the latest rankings of India's most financially prosperous individuals, and at the pinnacle of this prestigious list is Mukesh Ambani and his Family. Their staggering net worth exceeds Rs 8,08,700 crore, reaffirming Mukesh Ambani's position as India's wealthiest individual for the year 2023. While, Gautam Adani and his family, the influential figures behind the Adani Group, claim the second position on the list with a wealth of Rs 4,74,000 crore.