By: Shubham Ghosh
INDIA produced 179 more super-rich people in 2021 and they are led by Adani Group’s Gautam Adani who amassed a whopping Rs 3,65,700 crore or more than Rs 1,000 crore daily. The number of such people has crossed the 1,000-mark.
Geographically, five more Indian cities are home to the super-rich taking the total number of super-rich cities to 119 and the 1,000-plus individuals cumulatively added 51 per cent more wealth in the current year.
The average wealth has gone up by 25 per cent in the current year when the livelihoods of thousands of people have been hit by the coronavirus pandemic.
As per Hurun India-IIFL Wealth rich list published on Thursday (30), there are in all 1,007 people – 13 of them with wealth accounting more than Rs 1 lakh crore.
The 10th Hurun India rich list saw Reliance head Mukesh Ambani topping it for the 10th year in a row with a wealth amount worth Rs 7,18,000 crore, only nine per cent over 2020, followed by the Adani family with Rs 5,05,900 crore, up 261 per cent from Rs 1,40,200 crore, making him the second richest Indian.
Third in the list is Shiv Nadar & family of HCL with Rs 2,36,600 crore, up 67 per cent, followed by the SP Hinduja & Family with Rs 2,20,000 crore, up by 53 per cent.
LN Mittal & Family of ArcelorMittal follows next with Rs 1,74,400 crore, up 187 per cent, and Cyrus Poonawalla & family with Rs 1,63,700 crore, which is up 74 per cent.
Anas Rahman Junaid, managing director of Hurun India, said the wealth calculation is up to September 15, 2021. He added the last decade saw the number of the rich jumping 10 times from just under 100 in 2011 to 1,007 this year.
At this rate, over the next five years, He expected the list to grow to 3,000 individuals and the country adding another 250 dollar billionaires over the next five years and rival the US within a decade, he added.
The top ten list features four new faces — steel tycoon Lakshmi Mittal of ArcelorMittal, Kumar Mangalam Birla of the Aditya Birla Group, California-based Jay Chaudhry of cloud computing and cyber security firm Zscaler.
Among women, the third generation Godrej family member Smita V Crishna is the richest in the list with Rs 31,300 crore (down three per cent), followed by Kiran Mazumdar-Shaw (who is also the richest self-made woman in the list) with Rs 28,200 crore, down 11 per cent.
Mumbai, India’s financial capital, is home to 255 of the 1,007 super-rich, creating 38 more in the year, and it is followed by New Delhi, which added 39 to take the number to 167 and Bengaluru with 85, adding 18 more in the year.