Mukesh Ambani claimed the 10th position in the Hurun Rich List 2024. Mark Zuckerberg of Meta is the biggest wealth gainer whereas Elon Musk claimed 1st spot globally.
Mumbai became known as the Asian continent’s billionaire capital, having Reliance Industries chairman Mukesh Ambani holding a prominent position on the new global rich list. According to a recent global ranking, India placed third among the richest individuals across the globe, featuring 271 billionaires.
The Hurun Global Rich List 2024 – has been made public by the Hurun Research Institute. Elon Musk, who is the CEO of Tesla, has resurfaced as the wealthiest individual in the world amongst billionaires, with a net worth of $231 billion. Two newcomers to the elite top 10 have successfully replaced Bertrand Puech of Hermes as well as Francoise Bettencourt Meyers of L’Oreal. They are Mark Zuckerberg of Meta, worth $158 billion, and former Google CEO Larry Page, worth $123 billion.
According to the Hurun Global Rich List 2024, there are currently 3,279 billionaires worldwide, with 167 more added in the preceding year. China leads the world in the number of billionaires (814), with the US coming in second with 800 and India third. However, China now has 155 fewer billionaires than it had a year ago, while the United States of America and India gained 109 and 84 billionaires, respectively.
According to a report, India has added about 100 billionaires in a very successful year. Record levels of confidence were reached in the economy. Based on the research, the city of Mumbai surpassed Beijing, China to claim the title of the capital of billionaires in Asia (a first for the Hurun list) and one of the top three cities worldwide. New Delhi, the capital of India, made its maiden appearance among the top 10 cities for billionaires.
Energy and pharmaceuticals are the two industries propelling Mumbai’s wealth boom; corporate magnates such as Mukesh Ambani have reaped significant rewards from both sectors. Real estate tycoon Mangal Prabhat Lodha & his family saw the biggest percentage gain in wealth within Mumbai’s billionaire affluent, rising to 116%.
Much of the credit for Mukesh Ambani’s continued success at the 10th spot goes to Reliance Industries. Gautam Adani has surged eight places to the 15th rank, driven by an extraordinary increase in fortune.
Dilip Shanghvi and Kumar Mangalam Birla of Sun Pharmaceuticals also made significant contributions to the vibrant group of Indian billionaires.
Moving up 16 spots to 34 in the world’s wealth rankings, Shiv Nadar and family of HCL also had a big increase. Cyrus S. Poonawalla of Serum Institute, on the other hand, fell nine spots to rank 55th with $82 billion in total fortune.
In the meantime, the success of D-Mart has contributed to Radhakishan Damani’s consistent wealth rise, which has also helped him move up eight spots to rank 100 globally and illustrate how India’s billionaire scene is changing.
Thanks to a spike in Tesla’s shares, Elon Musk has risen to the top of the global wealth rankings once more. According to the survey, Francoise Bettencourt Meyers of L’Oreal and the late Bertrand Puech of Hermes lost their places in the top 10 this year to Mark Zuckerberg and Larry Page.
The report also noted that Taylor Swift, an accomplished musician, became the first person to become a billionaire, bringing in US$1.2 billion – not from typical celebrity businesses but exclusively through her music. Royalties and touring account for more than half of her wealth; the first leg of the Eras tour brought in US$190 million, while the concert video brought in US$35 million. The worth of her record collection supports the remainder, especially in light of the fact that her first six albums were sold to Shamrock Capital in 2020 for US$300 million – the statement explained.
FAQs
Elon Musk, the visionary entrepreneur, epitomizes innovation and ambition. With boundless determination, he pioneers groundbreaking ventures in space exploration, renewable energy, and transportation. Musk founded SpaceX, revolutionizing space travel, and Tesla, spearheading the electric vehicle revolution. His relentless pursuit of technological advancement extends to Neuralink and The Boring Company, aiming to enhance human capabilities and revolutionize transportation infrastructure. Beyond his achievements, Musk’s charisma and unconventional approach captivate the world, inspiring countless dreamers. He embodies the spirit of exploration, daring humanity to reach new heights and envisioning a future where the impossible becomes reality.
The Hurun Rich List is a prestigious annual compilation highlighting the world’s wealthiest individuals, offering insights into global wealth distribution. With meticulous research, it showcases the fortunes amassed by entrepreneurs, innovators, and business magnates across various industries. From tech titans to real estate moguls, the list provides a glimpse into the diverse sources of wealth and the ever-evolving landscape of prosperity. Recognizing individuals based on their net worth, serves as a barometer of economic trends and entrepreneurial success. Celebrated worldwide, the Hurun Rich List sparks fascination and curiosity, shedding light on the remarkable achievements of the world’s wealthiest personalities.
Mukesh Ambani is India’s wealthiest business icon. As the chairman and largest shareholder of Reliance Industries Limited, his vision has transformed the nation’s economy. Ambani’s leadership has propelled Reliance to remarkable heights, dominating sectors from petrochemicals to telecommunications. His audacious projects, like the Jio digital revolution, have reshaped how India connects and communicates. Beyond business, Ambani’s philanthropy and commitment to societal welfare shine, evident in initiatives addressing education, healthcare, and poverty alleviation. With his strategic acumen and relentless drive, Ambani stands as a beacon of innovation, shaping India’s future and inspiring generations.