India Has 126 Billionaires: Hurun India Rich List 2016

The Hurun Report, which was setup in 1999 as a research unit in Shanghai, China, has been bringing out the China-rich list ever since and started its India operations in 2012.

In its 2016 list, the Chinese-based company reveals some intersting data:

  • India has 339 individuals with 1,600 cr, which is 250% more from the first Hurun India Rich List 5 years ago.
  • Mumbai, New Delhi and Mumbai make up 60% of the list, contributing 26, 10 and 4 respectively.
  • 55% of the people in the list are first generation¬†entrepreneurs, compared to 80% in China.
  • 37 Padma Awardees contribute 28% of India’s wealth
  • Patanjali’s Archarya Balakrishna, makes to the list at 26th with a net worth of Rs 25,600 cr.
  • With Rs 1,63,400 cr, Mukesh Ambani is still the richest Indian, according to the list.

You can read the rest of the report here.

Written by Shaik Zakeer Hussain

Shaik Zakeer Hussain is a former Sr. Correspondent at NextBigWhat. You can get in touch with him here: linkedin.com/in/shaikzakeerhussain or follow him here: twitter.com/zaknetic.