Outlook Business Desk
The M3M Hurun India Rich List 2025 presents India’s richest individuals and families, emphasising changes in wealth across sectors like energy, technology, pharmaceuticals, and retail, while demonstrating the resilience and adaptability of Indian business leaders amid both domestic and global challenges.
Mukesh Ambani, chairman of Reliance Industries Limited (RIL), and his family top the list with a net worth of ₹9,55,410 crore. Despite a 6% drop, Reliance remains a leader in energy, retail, and digital sectors, with ongoing expansion in green energy and telecom drawing global attention.
Gautam Adani and his family rank second with a net worth of ₹8,14,720 crore, reflecting a 30% decline. The Adani Group continues to play a major role in infrastructure, ports, and energy, managing market scrutiny while sustaining core businesses and long-term initiatives.
Chairperson of HCLTech, Roshni Nadar Malhotra and her family ranks third with a net worth of ₹2,84,120 crore, becoming India’s richest woman. She leads global IT operations and strengthens the company’s brand, marking a milestone for women in Indian corporate leadership.
Cyrus Poonawalla and his family, with a net worth of ₹2,46,460 crore, continue to be major figures in global healthcare through the Serum Institute of India. Despite a 15% decline, the world’s largest vaccine producer keeps expanding internationally, leaving a lasting post-COVID pharmaceutical legacy.
Kumar Mangalam Birla and his family ranks fifth with a net worth of ₹2,32,850 crore, recording just a 1% decline. As head of the Aditya Birla Group, he oversees sectors like cement, metals, telecom, and finance, reflecting disciplined, long-term growth.
Niraj Bajaj & family rise to sixth place with a net worth of ₹2,32,680 crore, marking a 43% increase. As a key leader of the Bajaj Group, he drives growth in automotive, finance, and electrical sectors.
Dilip Shanghvi continues to be a key figure in Indian pharmaceuticals. Holding a net worth of ₹2,30,560 crore, he established Sun Pharmaceutical Industries, India’s largest drug-maker and a global leader in generics. Despite an 8% drop, his influence on affordable healthcare remains strong.
Azim Premji and his family, with a net worth of ₹2,21,250 crore, have seen a 16% increase. Known for building Wipro and his extensive philanthropic work, his disciplined investments and social initiatives continue to shape both Indian business and society worldwide.
Gopichand Hinduja and his family rank ninth with a net worth of ₹1,85,310 crore, reflecting a 4% decline. Based in London, they manage a diversified multinational group spanning banking, energy, and transport, maintaining a long-standing presence among India’s wealthiest families.
Radhakishan Damani and his family have a net worth of ₹1,82,980 crore, down 4% from last year. As founder of Avenue Supermarts (DMart), he transformed India’s retail sector with a high-efficiency, low-cost model, remaining a powerful figure in retail and investing.