New Delhi, March 7 (IANS). The number of billionaires in India has increased to 308, which is 24 more than last year. This information has been revealed in ‘Hurun Global Rich List 2026’ of Hurun Research Institute.
With this increase, India has reached third place in the world in terms of the number of billionaires. In this list, America and China are at first and second place respectively.
According to the report, the total wealth of Indian billionaires has increased by 10 percent on an annual basis and has increased to Rs 112.6 lakh crore. Of these, an increase in the wealth of 199 billionaires has been recorded.
However, the wealth of 109 billionaires declined or remained stable. According to the report, the share of women among India’s billionaires is about 7 percent.
According to the Hurun report, the number of billionaires in India is now expanding beyond traditional industries into many new sectors. This indicates that economic development in the country is taking place in many different sectors.
According to the report, the maximum number of 53 new billionaires emerged from the healthcare sector. After this, 36 new billionaires were added from the industrial products sector and 31 from the consumer goods sector.
Although the number of new billionaires is less, the energy sector has the most wealth. Only 8 billionaires from this sector have total wealth of Rs 18.3 lakh crore, which is about 16 percent of the total wealth of India’s billionaires.
Mumbai still remains the largest center of billionaires in India, where 95 billionaires live. However, the status of the capital of billionaires in Asia has now gone to Shenzhen, China, where there are 133 billionaires.
15 new billionaires were added to Mumbai this year, which is more than New York (14) and London (9).
Globally, New York ranks first in the list of billionaire cities, where 146 billionaires live. This is followed by Shanghai (120), Beijing (107) and London (102).
The report also states that the average age of Indian billionaires is 67 years, which is slightly higher than the global average of 65 years.
According to the report, India’s 23 women billionaires have a combined wealth of Rs 9.8 lakh crore.
–IANS
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