Mumbai: As economic growth is taking place in India, so is the new wealthy class. IIFL Wealth Hurun India has released a list of nobles in India. In which many new players have entered. Mukesh Ambani, chairman of Reliance Industries, occupies the first place in the list. He has held the first position for eight consecutive years. His total net worth is Rs 3,80,700 crore. According to the list, London-based SP Hinduja and his family stand second in the list with assets of Rs 1,86,500 crore. This is followed by Wipro's Azim Premji. His net worth is estimated at Rs 1,17,100 crore.
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According to this list, the number of people owning assets of more than Rs 1,000 crore has increased to 953. Last year, 831 Indians had assets of over Rs 1,000 crore. However, the number of billionaires in dollar value has come down to 138. The figure was 141 last year. According to the Wealth Hurun India Reach List, the value of the total wealth of the top 25 wealthiest people in India is equivalent to about ten percent of India's gross domestic product (GDP). At the same time, the wealth of 953 people is equal to 27 percent of the country's GDP.
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In this list, Laxminivas Mittal is fourth and Gautam Adani is fifth. ArcelorMittal CEO Mittal has assets worth Rs 1,07,300 crore. Gautam Adani's assets are worth Rs 94,500 crore. According to this report, the total wealth of the rich has increased by two percent this year. This report also said that the richest people in the country live in Mumbai. And then comes Delhi. Another interesting thing in this report is 25-year-old Ritesh Aggarwal, the owner of Oyo Rooms, the youngest billionaire.
This international organization also reduced the estimate of India's economic growth rate