Reliance emerges as biggest wealth creator over last 25 years, finds study

Most of the gains came in the last five years, shows Motilal Oswal's annual wealth creation report

What began as a yarn trading business has emerged as the biggest wealth creator over the last 25 years, growing along the way to enter sectors ranging from oil to telecommunications and retail.

Reliance Industries accounted for Rs 6.3 trillion in wealth created since 1995, according to Motilal Oswal Financial Services’ annual wealth creation study, the 25th edition of which was released on Tuesday. The closest rival was Hindustan Unilever which was at Rs 4.9 trillion.

Much of the gains came in the last five years. The study said that it added Rs 4.4 trillion in wealth between 2015 and