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Akash and Anant Ambani named India's richest with net worth of Rs 3.6 lakh crore each: Wealth study - The Economic Times

Published 10 hours ago3 minute read
Akash and Anant Ambani named India’s richest with net worth of Rs 3.6 lakh crore each: Wealth study
By , ETMarkets.com
, the Tata Group, and the Adani Group account for roughly 24% of promoter wealth, estimated at Rs 36 lakh crore.
Banking, telecom, and aviation sectors top the charts in average individual wealth, ranging from Rs 7,900 crore to Rs 8,500 crore. Pharmaceuticals leads in the number of wealthy individuals, followed by financial services and IT.
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Women own 24% of India’s wealth, with stronger representation of about 33% in pharma and around 24% in financial services.Isha Ambani is the richest woman on the list, while 72 women are noted for actively creating business value or founding companies, 21 of whom are first-generation entrepreneurs largely focused on IT, financial services, and e-commerce.
A staggering 93% of the wealth is linked to publicly listed companies. The remaining 7% is derived from unlisted firms. Additionally, Rs 50 trillion is held in promoter trusts and controlled entities. The Sir Dorabji Tata Trust and Sir Ratan Tata Trust together hold Rs 8.2 trillion.

The report highlighted that 62% of wealth creators are still actively engaged in their businesses, while around 40% are classified as passive wealth holders. Among first-generation entrepreneurs under 40, 60% of their wealth stems from platforms in broking, fintech, edtech, and e-commerce. Thirty of them are innovators in cutting-edge areas such as AI, SaaS, and biotech.

India’s top 50 business houses account for 59% of the tracked wealth. Reliance Industries and Adani Enterprises alone control 12%.

Also read | Tata Motors shares slide 8% in 4 days; brokerages trim forecasts, flag margin risks — should you stay invested?

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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