The Ambani family leads a list of India's most valuable families based on their net worth, for the second consecutive year. The Mukesh Ambani-led family has topped the 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List with a valuation of ₹28.2 lakh crore, roughly one-twelfth of India’s GDP.
Mukesh Ambani, Chairman and Managing Director of Reliance Industries (RIL), leads the conglomerate founded in 1957, with interests spanning energy, retail, and digital services. As a second-generation enterprise, RIL plays a pivotal role in India’s industrial growth and remains a major wealth generator in the nation.
The Kumar Mangalam Birla family ranks second, valued at ₹6.5 lakh crore. Led by Kumar Mangalam Birla, the Aditya Birla Group is a major player in cement, metals, textiles, telecom, financial services, and chemicals. Managed by the fourth generation, it has a legacy dating back to the 1850s.
Sajjan Jindal, Chairman and Managing Director of JSW Group, has steered the Jindal family to third place with a valuation of ₹5.7 lakh crore, up ₹1 lakh crore. Under his leadership, JSW Steel has grown into one of India’s largest steel producers, powering infrastructure and industrial development nationwide.
Together, the Ambani, Birla, and Jindal families are worth ₹40.4 lakh crore ($471 billion), an increase of ₹4.6 lakh crore from last year. This combined wealth equals the GDP of the Philippines, showcasing the massive economic influence of India’s leading business dynasties.
The Bajaj family ranked fourth with a combined business valuation of ₹5.6 lakh crore. Led by Sanjiv Bajaj, the group has focused on financial services since 1926 and is well known in banking, lending and insurance. They are also active in automobiles, consumer electronics, lighting, infrastructure, and renewable energy.
Anand Mahindra, Chairman of Mahindra Group, has guided the family to fifth place with a valuation of ₹5.4 lakh crore. Known for his visionary leadership, he has steered the group’s diverse portfolio across automobiles, agribusiness and IT services.
Roshni Nadar Malhotra, Chairperson of HCL Technologies, leads the Nadar family to sixth place with a valuation of ₹4.7 lakh crore, maintaining a strong presence in global IT services. Vellayan Subbiah, Executive Chairman of Cholamandalam Investment & Finance, guides the Murugappa family to seventh place at ₹2.9 lakh crore, reinforcing their legacy in India’s financial services sector.
Rishad Premji, Chairman of Wipro, has positioned the Premji family eighth with a net-worth of ₹2.8 lakh crore, sustained by its IT leadership and innovation. Anil Agarwal’s family, through Vedanta Resources and its key subsidiary Hindustan Zinc, along with other businesses, propelled them to ninth place with a valuation of ₹2.6 lakh crore.
Closing the top ten are the Dani, Choksi, and Vakil families, collectively valued at ₹2.2 lakh crore through their stake in Asian Paints. Operated under professional CEO R. Seshasayee, the brand has retained its dominance in India’s decorative paints industry for decades.
