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Ambanis’ wealth one twelfth of India’s GDP – check top India’s top 10 wealthiest families – Industry News
The Ambani family has once again emerged as India’s wealthiest business dynasty, with a net worth of Rs 28.2 lakh crore — roughly one-twelfth of India’s GDP — according to the 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List. Here is a look at top 10 wealthiest families according to the latest Hurun list.
Ambanis retain top spot with ₹28.2 lakh crore valuation
With 10 per cent gain in value change from the previous year report, Ambani family held the first position for the second year in a row. Reliance Industries, the flagship company of the Ambani family is headed by Mukesh Ambani The second-generation business continues to dominate the energy sector while expanding aggressively in retail and digital services.
Kumar Mangalam Birla family rises to second spot with Rs 6.5 lakh crore valuation
The Kumar Mangalam Birla family has moved up to second place this year, with a valuation of Rs 6.5 lakh crore, up Rs 1.1 lakh crore from last year. The group’s presence spans cement, metals, telecom, and financial services.
Jindal family joins top three wealthiest list
The Jindal family, led by Sajjan Jindal of JSW Steel, has entered the top three with a valuation of Rs 5.7 lakh crore, marking an increase of Rs 1 lakh crore.
The combined wealth of the top three families — Ambanis, Kumar Mangalam Birlas, and Jindals — has reached ₹40.4 lakh crore. This is equivalent to the GDP of the Philippines, reflecting the scale of value creation by India’s leading family-owned enterprises.
Bajaj family slips to fourth as valuation dips 21 per cent
The Bajaj family moved down to fourth place with a 21 per cent dip in valuation to Rs 5.64 lakh crore. The list was followed by the Mahindra family at Rs 5.43 lakh crore. Mahindra family saw a 58 per cent surge from last year.
Nadar family secures sixth with Rs 4.68 lakh crore valuation
The Nadar family of HCL Technologies ranks sixth with Rs 4.68 lakh crore, while the Murugappa family of Cholamandalam Investment & Finance stands at seventh with Rs 2.92 lakh crore.
Anil Agarwal family debuts in top 10, Premji family holds eighth rank
Azim Premji’s family, which owns Wipro, is in eighth place with Rs 2.78 lakh crore. The Anil Agarwal family of Hindustan Zinc has made its debut in the top 10 with Rs 2.6 lakh crore, while the Dani, Choksi, and Vakil families of Asian Paints complete the list with Rs 2.2 lakh crore.
Top 300 family businesses worth more than Turkey and Finland’s GDP
The report states that the top 300 family businesses in India now control assets worth $1.6 trillion (Rs134 lakh crore), which is more than the combined GDP of Turkey and Finland. Together, they generated Rs 7,100 crore of wealth every single day last year.
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