Gautam Adani reclaims top spot on India's 2026 rich list

The M3M Hurun India Rich List 2026 has named Gautam Adani and his family as India’s wealthiest, reclaiming the top spot from Mukesh Ambani and his family. Adani’s wealth rose 13% to approximately INR 9.23 lakh crore (USD 96 billion), while the Ambani family’s wealth saw a 10% decline, falling to INR 8.63 lakh crore (USD 90 billion).

Other notable shifts in the rankings include Lakshmi Niwas Mittal and family, who rose to third place with a 93% wealth increase to INR 3.39 lakh crore. Cyrus Poonawalla and family of the Serum Institute of India ranked fourth, followed by Roshni Nadar Malhotra of HCL in fifth. The top ten also includes Kumar Mangalam Birla, Dilip Shanghvi, Azim Premji, Anil Agarwal, and Samir Mehta.

India’s billionaire population has reached a record 391 individuals, an increase of 27 from the previous year. The total wealth of 1,810 individuals with assets exceeding INR 1,000 crore stands at INR 187.5 lakh crore, nearly half of India’s GDP. The report highlights emerging wealth in sectors such as Artificial Intelligence, which debuted as a standalone category with 19 entrants, as well as aerospace, defense, and green energy.