India Adds 27 Billionaires as AI Creates New Wealth in Hurun Rich List 2026
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India’s billionaire population has reached a record 391, with artificial intelligence emerging as a new source of wealth, according to the M3M Hurun India Rich List 2026 released on September 23.
The report tracks 1,810 individuals with wealth of at least ₹1,000 crore. Their combined wealth rose 12.8% year-on-year to ₹187.5 lakh crore, equivalent to about $1.96 trillion.
The list also recorded a change at the top, with Gautam Adani and his family reclaiming the position of India’s wealthiest business group from Mukesh Ambani and his family.
Top Movers
Adani’s family wealth increased 13% to ₹9.23 lakh crore, while Ambani’s wealth declined 10% to ₹8.63 lakh crore, according to the report.
Lakshmi Niwas Mittal and family moved into third place with wealth of ₹3.39 lakh crore, up 93% over the previous year.
Anil Agarwal and family climbed to ninth place after their wealth increased 87% to ₹2.08 lakh crore. Samir Mehta and family of Torrent Pharmaceuticals entered the top 10 with wealth of ₹1.89 lakh crore.
Rank | Name | Net Worth (₹ crore) | Company | City of Residence |
|---|---|---|---|---|
1 | Gautam Adani and family | 9,22,800 | Adani Group | Ahmedabad |
2 | Mukesh Ambani and family | 8,63,400 | Reliance Industries | Mumbai |
3 | LN Mittal and family | 3,39,300 | ArcelorMittal | London |
4 | Cyrus Poonawalla and family | 3,03,400 | Serum Institute of India | Pune |
5 | Roshni Nadar Malhotra and family | 2,78,500 | HCL Technologies | New Delhi |
6 | Kumar Mangalam Birla and family | 2,68,700 | Aditya Birla | Mumbai |
7 | Dilip Shanghvi | 2,64,600 | Sun Pharmaceutical Industries | Mumbai |
8 | Azim Premji and family | 2,62,800 | Wipro | Bengaluru |
9 | Anil Agarwal and family | 2,08,300 | Vedanta Resources | London |
10 | Samir Mehta and family | 1,89,400 | Torrent Pharmaceuticals | Ahmedabad |
Source: Hurun Research Institute; M3M Hurun India Rich List 2026
AI Emerges As A New Wealth Sector
Artificial intelligence has been included as a separate sector in the Hurun India Rich List for the first time.
The sector has 19 entrants with combined wealth of ₹3.07 lakh crore, including 15 new names. Tanay Kothari and Sahaj Garg of AI company Wispr Flow, both aged 28, are listed with wealth of ₹4,200 crore each.
The report also includes entrepreneurs associated with companies such as CTRL S Datacentres, Yotta, Astera Labs, Parallel Web Systems, Sarvam AI and Emergent AI.
Quantum Computing Makes Debut
Quantum computing has also appeared on the list for the first time.
Nagendra Nagaraja, founder of Bengaluru-based QpiAI, entered with wealth of ₹1,700 crore, marking the arrival of quantum computing as a new wealth-creation category on the list.
Aerospace and defence also recorded 23 entrants, with combined wealth of ₹85,200 crore.
India Adds 27 Dollar Billionaires
India now has 391 dollar billionaires, 27 more than the previous year. The figure has risen sharply from 237 five years ago.
The broader Hurun India Rich List expanded by 128 names over the past year and by 803 over five years.
Average wealth among those featured increased to ₹10,362 crore from ₹9,874 crore, while listed individuals collectively added wealth at an average rate of ₹5,833 crore a day.
Mumbai Remains Wealth Hub
Mumbai continues to have the highest number of people on the list, with 465, followed by New Delhi with 236 and Bengaluru with 129.
The 2026 list covers 163 cities, including 106 Indian cities. Mumbai alone is home to 93 dollar billionaires.
The number of women on the list increased to 131 from 100 last year. Roshni Nadar Malhotra and family remain India’s richest woman, with wealth of ₹2.79 lakh crore.
Self-Made Entrepreneurs Account For 70%
Self-made entrepreneurs account for 70% of the people featured on the list, with 1,266 names.
Industrial Products is the largest sector by number of entrants, with 166, followed by Chemicals with 142 and Pharmaceuticals with 136. Industrial Products also produced the highest number of new entrants, with 44.
The list includes 156 people living outside India, with 90 based in the United States and 31 in the UAE.
