The M3M Hurun India Rich List 2026, released on 23 September 2026, ranks Gautam Adani and family as the richest Indians with wealth of ₹9.23 lakh crore. The list places Mukesh Ambani and family second with ₹8.63 lakh crore and records a historic high of 391 dollar billionaires in India. The 15th edition of the list tracks 1,810 individuals with wealth of at least ₹1,000 crore each.
What Is the Hurun India Rich List?
The Hurun India Rich List is an annual ranking of individuals born or brought up in India who hold wealth of at least ₹1,000 crore, regardless of where they live now or which passport they hold. The 2026 edition is the 15th edition of the list and has been prepared jointly by Hurun India and real estate developer M3M India.
Hurun India is the Indian arm of the Hurun Research Institute, a research group set up in London in 1999 by British accountant Rupert Hoogewerf. Hurun India started work in 2012 under founder Anas Rahman Junaid and is based in Mumbai. The group is best known for its China Rich List, India Rich List and Global Rich List. It also publishes rankings on unicorns (startups valued at $1 billion or more), most valuable companies and philanthropy.
Wealth for the M3M Hurun India Rich List 2026 was calculated as a snapshot on 24 August 2026, when the exchange rate was ₹95.63 to $1. The Hurun India team values listed companies using stock market prices on that date. For private companies, the team compares them with similar listed companies using methods such as price to earnings ratio and price to sales ratio. Only living individuals are included, and family wealth is grouped together when members run a common business.
Is Gautam Adani Richer Than Mukesh Ambani in 2026?
Yes. Gautam Adani and family are richer than Mukesh Ambani and family in the M3M Hurun India Rich List 2026. The Adani family holds ₹9.23 lakh crore ($96 billion), while the Ambani family holds ₹8.63 lakh crore ($90 billion), a gap of ₹59,400 crore.
The Hurun India ranking confirms that Gautam Adani and family have reclaimed the No. 1 spot from Mukesh Ambani and family. Adani family wealth rose by 13 percent over the past year, while Ambani family wealth fell by 10 percent. In the 2025 list, the positions were reversed, with the Ambani family on top at ₹9.55 lakh crore and the Adani family second at ₹8.15 lakh crore.
Hurun India notes that the top rank has changed hands five times in five years. The Adani family moved ahead in 2022, slipped behind in 2023, regained the lead in 2024, lost it in 2025 and has now regained it again. Adani wealth touched a peak of ₹11.62 lakh crore in 2024 before falling and then recovering to the current level.
| Feature | Gautam Adani and Family | Mukesh Ambani and Family |
|---|---|---|
| Rank in Hurun India Rich List 2026 | 1 | 2 |
| Net worth in rupees | ₹9,22,800 crore | ₹8,63,400 crore |
| Net worth in dollars | $96 billion | $90 billion |
| Change over past year | Up 13 percent | Down 10 percent |
| Main company | Adani Group | Reliance Industries |
| Base city | Ahmedabad | Mumbai |
Top 10 Richest Indians in the Hurun India Rich List 2026
The M3M Hurun India Rich List 2026 names the top 10 richest persons in India based on family wealth. The list shows a clear gap between the top two families and the rest of the field. The family ranked third holds less than half the wealth of the family ranked second.
LN Mittal and family have made the sharpest climb into the top three. The family, which controls steel maker ArcelorMittal, moved up eight places to rank third with ₹3.39 lakh crore. Their wealth rose by 93 percent in one year. Hurun India links this rise to firmer steel prices in Europe and trade protection steps that helped steel producers.
Cyrus S. Poonawalla and family hold fourth place with ₹3.03 lakh crore, up 23 percent. The Poonawalla family runs the Serum Institute of India, based in Pune, which is one of the largest vaccine makers in the world. Roshni Nadar Malhotra and family are ranked fifth with ₹2.78 lakh crore and remain the richest woman in India.
The next five ranks show the strength of pharma, cement to telecom, and metals businesses. Kumar Mangalam Birla and family of the Aditya Birla Group are sixth with ₹2.68 lakh crore. Dilip Shanghvi of Sun Pharmaceutical Industries is seventh with ₹2.64 lakh crore. Azim Premji and family of Wipro are eighth with ₹2.62 lakh crore. Anil Agarwal and family of Vedanta Resources entered the top 10 at ninth place with ₹2.08 lakh crore after an 87 percent rise. Samir Mehta and family of Torrent Pharmaceuticals entered the top 10 at tenth place with ₹1.89 lakh crore after a 52 percent rise linked to the completion of the JB Chemicals merger.
| Rank | Name and Family | Wealth | Main Company | Base City |
|---|---|---|---|---|
| 1 | Gautam Adani and family | ₹9,22,800 crore | Adani Group | Ahmedabad |
| 2 | Mukesh Ambani and family | ₹8,63,400 crore | Reliance Industries | Mumbai |
| 3 | LN Mittal and family | ₹3,39,300 crore | ArcelorMittal | London |
| 4 | Cyrus S. Poonawalla and family | ₹3,03,400 crore | Serum Institute of India | Pune |
| 5 | Roshni Nadar Malhotra and family | ₹2,78,500 crore | HCL Technologies | New Delhi |
| 6 | Kumar Mangalam Birla and family | ₹2,68,700 crore | Aditya Birla Group | Mumbai |
| 7 | Dilip Shanghvi | ₹2,64,600 crore | Sun Pharma | Mumbai |
| 8 | Azim Premji and family | ₹2,62,800 crore | Wipro | Bengaluru |
| 9 | Anil Agarwal and family | ₹2,08,300 crore | Vedanta Resources | London |
| 10 | Samir Mehta and family | ₹1,89,400 crore | Torrent Pharma | Ahmedabad |
Mumbai Leads as India’s Wealth Capital
Mumbai remains the clear hub of wealthy Indians in the Hurun India Rich List 2026. The city is home to 465 individuals on the list, which is far ahead of any other city. New Delhi follows with 236 entries and Bengaluru is third with 129 entries.
The 2026 list covers people across 163 cities around the world, including 106 cities in India. This wide spread shows that wealth creation is no longer limited to a few metros, though Mumbai, Delhi and Bengaluru still account for nearly half of all entries. Among overseas hubs, Dubai, London and the United States host a large share of Indian origin billionaires, with 156 members of the list living outside India, including 90 in the United States and 31 in the United Arab Emirates.
Entertainment and Sports Wealth Leaders
Shah Rukh Khan and family lead the entertainment and sports segment of the Hurun India Rich List 2026 with wealth of ₹10,000 crore. The actor remains the richest Indian actor for the second year in a row. His wealth covers income from films and brand work along with business holdings, mainly Red Chillies Entertainment and Knight Riders Sports, the group that owns the Kolkata Knight Riders cricket team.
The latest figure is lower than last year by ₹2,490 crore. In the 2025 list, Shah Rukh Khan wealth was placed at ₹12,490 crore. The Hurun Global Rich List earlier in 2026 had placed his wealth at ₹10,800 crore. Even after this fall, his wealth is still higher than the combined wealth of the next three actors on the list.
Amitabh Bachchan is second among actors with ₹4,000 crore, up sharply from ₹1,630 crore last year. Salman Khan features with ₹3,000 crore in his first appearance on the list. Hrithik Roshan holds ₹2,500 crore, up from ₹2,160 crore last year, supported by films and his fitness brand HRX. The list features seven entertainers and cricketers in total, with four from films and three from cricket.
Women Wealth Leaders and Roshni Nadar Malhotra
Roshni Nadar Malhotra and family remain the richest woman in India with wealth of ₹2.78 lakh crore. Roshni Nadar Malhotra is the chairperson of HCL Technologies, a large Indian information technology company based in Noida. HCL Technologies provides software services and IT support to clients across the world. She is ranked fifth overall in the Hurun India Rich List 2026.
The Hurun India Rich List 2026 features 131 women, up from 100 women last year. Among them, 33 women are dollar billionaires, which means they hold wealth of at least $1 billion each. This rise points to a growing role for women in business ownership, inheritance and self made ventures.
Full List Coverage and Record Billionaire Count
The Hurun India Rich List 2026 is the largest edition so far. The list includes 1,810 individuals, which is 128 more than last year and 803 more than five years ago. Their total wealth stands at ₹187.5 lakh crore (about $1.96 trillion), up 12.8 percent from last year. This total is equal to nearly half of the size of the Indian economy.
India now has 391 dollar billionaires, which is the highest number recorded. The country added 27 dollar billionaires in the past year, up from 237 five years ago. This growth took place even as the stock market fell during the same period. The Nifty 50 index fell by 3.9 percent and the Sensex fell by 5.8 percent between the two valuation dates.
Self made business founders drive most of this growth. The 2026 list has a record 1,266 self made entrepreneurs, which is 70 percent of the total. Five years ago, the self made share was only 55 percent. By sector, Industrial Products leads with 166 entries, followed by Chemicals with 142 entries and Pharmaceuticals with 136 entries. Artificial Intelligence appears as a separate sector for the first time with 19 entries worth ₹3.07 lakh crore, including the founder of Bengaluru based quantum computing firm QpiAI.
Key Takeaways
- Gautam Adani and family topped the M3M Hurun India Rich List 2026 with wealth of ₹9.23 lakh crore.
- Mukesh Ambani and family ranked second with ₹8.63 lakh crore, trailing Adani by ₹59,400 crore.
- The 2026 list covers 1,810 individuals with combined wealth of ₹187.5 lakh crore and a record 391 dollar billionaires.
- Roshni Nadar Malhotra and family remain the richest woman in India with ₹2.78 lakh crore at rank five.
- Shah Rukh Khan and family lead the entertainment segment with ₹10,000 crore, ahead of Amitabh Bachchan with ₹4,000 crore.
- Mumbai leads with 465 entries, followed by New Delhi with 236 and Bengaluru with 129.
