Mukesh Ambani Tops India in Hurun Global Rich List 2026

Hurun Research Institute released the 15th edition of the Hurun Global Rich List 2026, in which Reliance Industries Limited (RIL) Chairman and Managing Director (CMD) Mukesh Ambani emerged as the richest person in India and Asia with a net worth of ₹9.8 lakh crore.

• India now has 308 billionaires, with new additions in the ranking India has come to third place in the world in terms of number of billionaires. India added 57 new billionaires this year, which is the highest number outside the two largest economies, but 27 people also dropped out of the list.
• The total wealth of Indian billionaires increased by 10 percent year-on-year to ₹112.6 trillion, in which the wealth of 199 people increased. The wealth of about 109 people either decreased or remained the same. Seven percent of Indian billionaires were women.
• Gautam Adani, head of the Adani Group, remained the second richest Indian despite a 14 percent drop in wealth, which reduced his net worth to ₹7.5 trillion.
• The healthcare sector created the most new billionaires, with 53 new people included in the list. Industrial products added 36 new names, while consumer goods added 31 new billionaires.
• Mumbai continued to dominate India’s billionaire landscape with 95 billionaires, although it lost its status as Asia’s billionaire capital to Shenzhen, which now has 133 billionaires.
• The country’s youngest billionaire is OYO founder Ritesh Agarwal, who is 32 years old and whose net worth is ₹14,440 crore.

About the top 4 positions in Hurun Global Rich List 2026

• Tesla CEO and SpaceX founder Elon Musk of the United States of America (USA) remained the richest person in the world in the Hurun Global Rich List 2026 with a net worth of USD 792 billion (89% increase), he became the first person to cross USD 700 billion, followed by Jeff Bezos (USA) (USD 300 billion) and Larry Page (USA) (USD 271 billion).
• Alphabet’s Larry Page reached the top three for the first time, his wealth increased by 65% to US$271BN.
• There are 114 billionaires from AI companies, of which 46 joined for the first time, making AI the biggest source of creating new billionaires.
• The three founders of AI recruitment startup Mercor; Brendan Foody, Adarsh Hiremath and Surya Midha, all aged 22, became the youngest self-made billionaires in the Hurun Global Rich List 2026, each with a wealth of US$2.4BN.
• There are 4020 billionaires in the world, which is 17% or 578 more than last year.
• Billionaires built their wealth from financial services (11%), media and entertainment (10%), retail (9%) and consumer goods (8%).

List of countries with the most billionaires in Hurun Global Rich List 2026

• China is ahead with 1110 billionaires, 287 more, while the US is in second place with 1,000, 130 more. After India are Germany, UK and Switzerland.

List of cities with the most billionaires in Hurun Global Rich List 2026

• Among all cities, New York remained at the top of the list worldwide with 146 billionaires, followed by Shanghai (120), Beijing (107), and London (102).

Women:

• China dominated with 75% of self-made women billionaires, while ABC Supply (USA)’s Diane Hendricks (78) remained the world’s richest self-made woman for the fourth time with USD 24 billion, and Walmart’s Alice Walton (76) was the richest woman in the world with USD 119 billion.
• India’s richest women: Roshni Nadar Malhotra is India’s richest woman and the first woman to be included in the overall top three.