Twenty-five of the richest Indians hold wealth which is equivalent to a tenth of the country’s gross domestic product (GDP). The richest in the list includes Mukesh Ambani, S P Hinduja and family, Azim Premji, L N Mittal and Gautam Adani, including their respective family holdings. The numbers are based on the IIFL Wealth Hurun India Rich List 2019 released on Wednesday.
The report identified 953 names, which meet their minimum net worth criteria of Rs 1,000 crore. The average person on the list is 60 years old with a net worth of Rs 5,278 crore. Fifty-three per cent of