India has seen a surge in its billionaire count with the addition of 25 new names, according to the latest Forbes list. Topping the charts globally, the United States leads with 67 new billionaires, followed by China with 31. The Indian stock market's bullish run has led to a record-breaking presence of 200 Indians on Forbes' 2024 World Billionaires list, up from 169 last year. Their combined wealth has skyrocketed to $954 billion, marking a substantial increase from the previous year's $675 billion, and surpassing the 2022 total of $750 billion.

Mukesh Ambani's net worth has soared to $116 billion, driven by the soaring shares of his conglomerate, Reliance Industries. He becomes the first Asian to cross the $100 billion mark on the World Billionaires list, retaining his position as the ninth richest person globally and India's and Asia's wealthiest individual. Notably, over two-thirds of Indian billionaires on the list have seen their wealth expand compared to the previous year.

Also Read: Renuka Jagtiani Emerges as India's Newest Billionaire: Looking At Landmark Group CEO's Success Story

Among the newcomers on the Forbes list is Dr. Naresh Trehan, a renowned cardiovascular surgeon turned healthcare entrepreneur, who founded and manages the Medanta chain of hospitals. Ramesh Kunhikannan, the founder of Kaynes Technology, is also featured for supplying electronic systems for India's moon mission. Additionally, Renuka Jagtiani, overseeing the Middle East retailing giant Landmark Group, and financial services veterans Raamdeo Agrawal and Motilal Oswal, co-founders of Motilal Oswal Financial Services, make their appearances. Vijay Agarwal, managing director of Action Construction Equipment, debuts on the billionaire list as well.

Dr. Naresh Trehan, Chairman and Managing Director of Medanta The Medicity, is celebrated for his expertise in cardiovascular and cardiothoracic surgery. He has been honored with the Padma Bhushan and the Padma Shri by the Indian Government for his significant contributions, performing over 48,000 successful open heart surgeries.

Also Read: India's Youngest Billionaires Shine on Forbes' 2024 List: Know Who Else Made the Cut

otilal Oswal, Managing Director and CEO of Motilal Oswal Financial Services Ltd. (MOFSL), co-founded the company in 1987, which has grown into a comprehensive financial services firm offering a diverse range of products and services.

Vijay Agarwal established Action Construction Equipment in 1995, specializing in manufacturing construction equipment. Dissatisfied with a monthly salary of Rs 30,000, Agarwal left his job to pursue his entrepreneurial vision, and today, his net worth stands at an estimated $1.5 billion.

Also Read: Forbes Ranks Top 10 Powerful Countries in the World, Which Are They?