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Time of India
17-07-2025
- Business
- Time of India
Top 5 richest people in India (July 2025): Their combined net worth can't match Elon Musk's fortune
List of India's richest people: India is home to some of the richest people in the world, with billionaires leading industries ranging from energy and telecom to pharmaceuticals and technology. But despite their vast fortunes, even the top 5 richest people in India fall short when compared to Elon Musk, the world's wealthiest man, according to Forbes. As of today, July 17, 2025, the combined net worth of India's richest people is around $279.5 billion—far less than Elon Musk's staggering wealth of $400.7 billion, according to Forbes. Let's take a look at the top Indian billionaires and how they've built their empires. India's Billionaire Boom in 2025 India has seen a strong rise in the number of billionaires. According to Hurun's Global Rich List (March 2025), the country now has 284 billionaires — 13 more than last year. In 2022, India had 249 billionaires, but the number dropped to 187 in 2023 due to market disruptions. However, the country made a big comeback in 2024 with 276 billionaires. This steady growth now makes India the world's third-largest hub for billionaires, after the USA and China. The collective wealth of these tycoons stands at an eye-watering Rs 91.35 lakh crore ($1,067,582.93 million), surpassing even the GDP of Saudi Arabia. This rise marks a 10% increase year-on-year, showcasing the strength and expansion of Indian enterprise. Top 5 Richest People in India (July 2025) 1. Mukesh Ambani – $112 Billion Mukesh Ambani, chairman of Reliance Industries, continues to be the richest person in India in July 2025 with a net worth of $112 billion. He is also the only Asian featured in Forbes' exclusive $100 billion club. Reliance operates across major sectors like oil refining, retail, digital services, and 5G technology. Ambani is also investing heavily in green energy and telecom, helping him stay at the top of India's richest people list. 2. Gautam Adani – $68.4 Billion Gautam Adani, founder of the Adani Group, is the second richest person in India with a net worth of $68.4 billion. Although his wealth has dropped since 2024, he remains one of the strongest business leaders in India's infrastructure sector. His group runs key assets like ports, airports, power stations, and renewable energy plants. The Adani Foundation, led by his wife Priti Adani, works on various social projects across the country. 3. Savitri Jindal & Family – $37.8 Billion Savitri Jindal, chairperson emeritus of the O.P. Jindal Group, is India's richest woman with a net worth of $37.8 billion. She took charge of the family business after the passing of her husband, Om Prakash Jindal. Her four sons manage different sectors of the group, which focuses on steel, power, cement, and infrastructure. The group also promotes sports in India through JSW Sports. 4. Shiv Nadar – $34.6 Billion Padma Bhushan Shiv Nadar, founder of HCL Technologies, ranks fourth on the list of the richest people in India, with a net worth of $34.6 billion. He played a key role in building India's IT sector, and HCL now serves global giants like Microsoft, Cisco, and Boeing. He is also known for his charitable work, donating over Rs 1,100 crore in 2022 to support education and development. 5. Dilip Shanghvi – $26.7 Billion Dilip Shanghvi, founder of Sun Pharmaceutical Industries, is the fifth richest Indian in 2025, with a net worth of $26.7 billion. Sun Pharma became the first Indian pharmaceutical company to cross a $5 billion valuation under his leadership. A major milestone in his journey was the $4 billion acquisition of Ranbaxy Laboratories in 2014, which helped Sun Pharma become a global pharmaceutical leader. Elon Musk vs India's Billionaires: The Huge Wealth Gap While India's top five billionaires are extremely wealthy and powerful, their combined fortune of $279.5 billion still falls short of Elon Musk's net worth, which is $400.7 billion as per Forbes. The Tesla and SpaceX founder continues to top the global rich list, with a gap of over $120 billion between him and India's richest people combined. The richest people in India continue to shape the nation's economic future, leading global businesses and fuelling innovation. While they may not have reached Elon Musk's net worth just yet, their influence and legacy in Indian and global markets are undeniable. Stay tuned as India's richest individuals evolve and new names rise to the top of the Forbes billionaires list. For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here.
Economic Times
02-07-2025
- General
- Economic Times
Best in Class: UK, US highschools take the lead in HSBC Hurun Global Rankings
iStock Westminster School, London London's Westminster School has topped the HSBC Hurun Education Global Highschools list for the third consecutive year, with a commanding academic record and centuries of legacy. The annual index, unveiled this week, ranks the world's top-performing high schools based on student placement into elite universities like Oxbridge and the Ivy to the Hurun report, all Top 10 schools are located either in the United Kingdom or the United States, and together they boast an average history of 278 years. Half of them are co-educational, while the other half are single-sex institutions — three for girls and two for boys. School Snapshots: Westminster School (London) led the list, sending over 40% of its 200 annual graduates to Oxbridge. Boys join at 13, girls at 16. St Paul's School (London) moved to second position, with around 40 of 220 students each year heading to Oxbridge or Ivy League institutions. The Dalton School (New York) fell to third place, still placing 20% of students at top US universities like Harvard and MIT. St Paul's Girls' School (London) remained at fourth, consistently sending a third of its 120 graduates to Oxbridge or the Ivy League. King's College School (London) climbed into the top five, driven by improving placement results, as per the report. Winchester College (UK), a fully boarding institution with 600+ years of history, surged seven spots to rejoin the top tier. The Brearley, Spence, and Collegiate Schools (New York) each maintained strong records, despite minor drops in rankings. With 10th position, Saint Ann's School (Brooklyn) concluded the list. More than 30% of its students progressing to top US colleges. Trends and Geography: Geographic dominance: 45% of the top high schools are in the US, followed by 40% in the UK, said the Hurun list. China ranks third globally with 9% representation. City leaders: London and New York are home to the largest number of top schools, followed by Boston, Washington DC, and Shanghai, which surpassed Oxford. (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Delhivery survived the Meesho curveball. Can it keep on delivering profits? Why the RBI's stability report must go beyond rituals and routines Ozempic, Wegovy, Mounjaro: Are GLP-1 drugs weight loss wonders or health gamble? 3 critical hurdles in India's quest for rare earth independence Stock Radar: Apollo Hospitals breaks out from 2-month consolidation range; what should investors do – check target & stop loss Add qualitative & quantitative checks for wealth creation. 7 small-cap stocks from different sectors with upside potential of over 25% These 7 banking stocks can give more than 20% returns in 1 year, according to analysts Wealth creation is about holding the right stocks and ignoring the noise. 13 'right stocks' with an upside potential of up to 34%
Mint
19-06-2025
- Entertainment
- Mint
Meet India's richest family in Bollywood with ₹10000 crore net worth, not Khans or Kapoors or Chopras
Bollywood is home to some of the richest directors, actors, singers, and more. From delivering box office blockbusters to securing big brand endorsements and launching successful business ventures, many celebrities have built massive fortunes over time. But Bollywood isn't just about individual stars; it's also home to some of the wealthiest families in the entertainment world. Among them, one family stands tall at the top. Their journey began humbly, selling mere music cassettes, and today, their legacy is worth an astonishing ₹ 10,000 crore. The richest filmy family in Bollywood is T-Series' Bhushan Kumar's family, as per the Hurun Rich List. In fact, not just in the Hindi film industry, they are also the wealthiest family in the entire Indian cinema. As per the latest Hurun list for India, the T-Series family has a net worth of $1.2 billion (over ₹ 10,000 crore). They easily surpass some of the legendary families in Bollywood, such as the Khans, Kapoors and even Chopras, with their staggering wealth. After the Kumars comes the Chopra family on the list. With a net worth of over ₹ 8000 crore, the owners of Yash Raj Films and BR Films are the second richest family in the Indian film industry. Next comes the Shah Rukh Khan family aka the Khan family. Shah Rukh who is already the richest actor in India, has a net worth of ₹ 7800 crore, reported Forbes. The Chopra family - owners of Yash Raj Films and BR Films - have a combined reported net worth of over ₹ 8000 crore, putting them in second place after the Kumars. Shah Rukh Khan's family has a net worth of ₹ 7800 crore according to Forbes. Once considered the richest family in Indian cinema, the Kapoors have now slipped down the list, with a combined net worth of a little over ₹ 2,000 crore. In down South, some of the richest film families include the Telugu film industry superstars. It is none other than Chiranjeevi's Konidela-Allu family. Comprising of Chiranjeevi, Pawan Kalyan, Ram Charan, and Allu Arjun—and the Akkineni-Daggubati family, including Nagarjuna, Naga Chaitanya, Venkatesh, and Rana Daggubati. Reportedly, the the Konidela-Allu family boasts an impressive estimated net worth of ₹ 4,000 crore. On the other hand, the Akkineni-Daggubati clan leads the pack with a combined net worth exceeding ₹ 5,000 crore, thanks to Nagarjuna's considerable fortune. However, these figures are nowhere close to Bhushan Kumar's family wealth. The Kumars of Bollywood have built a massive empire worth ₹ 10,000 crore. Interestingly, there is no superstar in their family, unlike other filmy families on the list. So, where does their wealth come from? Bhushan Kumar runs T-Series along with his uncle, Kishan Kumar, an actor-turned-producer and co-chairman of the company. Other family members are actively involved in the industry across various roles. This includes Bhushan's wife, actor-director Divya Khossla; his sister, actor Khushali Kumar; and his younger sister, singer Tulsi Kumar. Besides their individual income, the Kumar family owes most of its massive wealth to T-Series, the media powerhouse that started as a music label. T-Series went on to become one of India's largest film production companies, helming all-time blockbusters like Baahubali 2: The Conclusion, Dangal, 3 Idiots, Aashiqui 2, Bajrangi Bhaijaan, Ek Tha Tiger, War, Andhadhun, and Chennai Express among many others. Today, T-Series also operates multiple subsidiaries and even runs an acting school, T-Series StageWorks Academy in Noida. The story behind T-Series began with Bhushan Kumar's father and Kishan Kumar's brother, Gulshan Kumar who was once a fruit vendor in Delhi.
Mint
19-06-2025
- Entertainment
- Mint
Meet India's richest family in Bollywood with ₹10000 crore net worth, not Khans or Kapoors or Chopras
Bollywood is home to some of the richest directors, actors, singers, and more. From delivering box office blockbusters to securing big brand endorsements and launching successful business ventures, many celebrities have built massive fortunes over time. But Bollywood isn't just about individual stars; it's also home to some of the wealthiest families in the entertainment world. Among them, one family stands tall at the top. Their journey began humbly, selling mere music cassettes, and today, their legacy is worth an astonishing ₹ 10,000 crore. The richest filmy family in Bollywood is T-Series' Bhushan Kumar's family, as per the Hurun Rich List. In fact, not just in the Hindi film industry, they are also the wealthiest family in the entire Indian cinema. As per the latest Hurun list for India, the T-Series family has a net worth of $1.2 billion (over ₹ 10,000 crore). They easily surpass some of the legendary families in Bollywood, such as the Khans, Kapoors and even Chopras, with their staggering wealth. After the Kumars comes the Chopra family on the list. With a net worth of over ₹ 8000 crore, the owners of Yash Raj Films and BR Films are the second richest family in the Indian film industry. Next comes the Shah Rukh Khan family aka the Khan family. Shah Rukh who is already the richest actor in India, has a net worth of ₹ 7800 crore, reported Forbes. The Chopra family - owners of Yash Raj Films and BR Films - have a combined reported net worth of over ₹ 8000 crore, putting them in second place after the Kumars. Shah Rukh Khan's family has a net worth of ₹ 7800 crore according to Forbes. Once considered the richest family in Indian cinema, the Kapoors have now slipped down the list, with a combined net worth of a little over ₹ 2,000 crore. In down South, some of the richest film families include the Telugu film industry superstars. It is none other than Chiranjeevi's Konidela-Allu family. Comprising of Chiranjeevi, Pawan Kalyan, Ram Charan, and Allu Arjun—and the Akkineni-Daggubati family, including Nagarjuna, Naga Chaitanya, Venkatesh, and Rana Daggubati. Reportedly, the the Konidela-Allu family boasts an impressive estimated net worth of ₹ 4,000 crore. On the other hand, the Akkineni-Daggubati clan leads the pack with a combined net worth exceeding ₹ 5,000 crore, thanks to Nagarjuna's considerable fortune. However, these figures are nowhere close to Bhushan Kumar's family wealth. The Kumars of Bollywood have built a massive empire worth ₹ 10,000 crore. Interestingly, there is no superstar in their family, unlike other filmy families on the list. So, where does their wealth come from? Bhushan Kumar runs T-Series along with his uncle, Kishan Kumar, an actor-turned-producer and co-chairman of the company. Other family members are actively involved in the industry across various roles. This includes Bhushan's wife, actor-director Divya Khossla; his sister, actor Khushali Kumar; and his younger sister, singer Tulsi Kumar. Besides their individual income, the Kumar family owes most of its massive wealth to T-Series, the media powerhouse that started as a music label. T-Series went on to become one of India's largest film production companies, helming all-time blockbusters like Baahubali 2: The Conclusion, Dangal, 3 Idiots, Aashiqui 2, Bajrangi Bhaijaan, Ek Tha Tiger, War, Andhadhun, and Chennai Express among many others. Today, T-Series also operates multiple subsidiaries and even runs an acting school, T-Series StageWorks Academy in Noida. The story behind T-Series began with Bhushan Kumar's father and Kishan Kumar's brother, Gulshan Kumar who was once a fruit vendor in Delhi. His life changed after he and his father purchased a small shop selling music cassettes. With time, Gulshan Kumar rose to become India's "Cassette King." He went on to launch his own record label, Super Cassettes, the company we now know as T-Series.
South China Morning Post
17-06-2025
- Business
- South China Morning Post
China internet pioneer urges students to skip graduate school, defer start-up plans
Citing his own experiences, Zhang said his postgraduate degree did not contribute much when he set up and began running his own company, according to his Saturday interview with Rupert Hoogewerf , chairman and chief researcher at Hurun Research Institute, which was posted on ByteDance 's Douyin platform. Hoogewerf's Hurun is best known for the Hurun Rich List , an annual ranking of the world's wealthiest individuals and most successful entrepreneurs. Zhang, 60, suggested that college graduates can 'think about starting some business', as they gained know-how from working at a company. After obtaining a PhD in physics at the Massachusetts Institute of Technology in 1993, Zhang joined Internet Securities and returned to Beijing to establish the US firm's operations in China. In 1996, Zhang founded Internet Technologies China, which became the first mainland internet company to raise venture capital funding. A year later, the firm's name was changed to
