India has as many as 138 billionaires and Mumbai is the home to more than 50 of them, according to the Hurun Global Richlist 2020 which includes the names of 2,817 individuals across the globe having a net-worth of $1 billion or more.
India is third in the number of billionaires, after China (799) and the US (626) as the country added 34 new billionaires. Mukesh Ambani of Reliance Industries with $67 billion in networth, minting Rs 7 crore every hour, is the richest in India and nineth richest in the world. At the global level, there were 480 new billionaires in 2019.
After Mumbai, which is also the ninth richest city in the world, as many as 30 billionaires stay in New Delhi, followed by Bengaluru with 17 and Ahmedabad with 12.
The second in the list from India is SP Hinduja family ($27 billion), Gautam Adani (a little over $17 billion), Shiv Nadar & family (close to $17 billion), and Lakshmi Mittal with over $15 billion in networth. At the sixth lot is banker Uday Kotak with a networth of around $15 billion, making him the richest self-made banker in the whole world. At the seventh slot is Azim Premji with ($14 billion), followed by Cyrus Poonawalla of Serum Institute ($12 billion) and Cyrus Pallonji Mistry and his son Shapoor Pallonji with $11 billion each. And Oyo founder Ritesh Agarwal, all of just 24 years, is the youngest Indian in the rich list with a networth of $1.1 billion.