Gautam Adani Overtakes Mukesh Ambani To Reclaim Top Spot on M3M Hurun India Rich List 2026
Gautam Adani and his family reclaimed the top spot on the M3M Hurun India Rich List 2026 with a net worth of INR 9.23 lakh crore, up 13%, overtaking Mukesh Ambani (INR 8.64 lakh crore). LN Mittal took third place with INR 3.40 lakh crore. Featuring 1,810 individuals with over INR 1,000 crore, the report showed total wealth rising to INR 187.5 lakh crore with 391 billionaires.
Adani Group Chairman Gautam Adani and his family have secured the top position on the M3M Hurun India Rich List 2026, overtaking Reliance Industries Chairman Mukesh Ambani and family. With a net worth of INR 9.23 lakh crore, the Adani family's wealth registered a 13 per cent rise over the past year, propelling them back to the summit of the national wealth rankings.
The Ambanis dropped to the second spot with an estimated net worth of INR 8.64 lakh crore following a 10 per cent decline in family wealth, according to the annual report. ArcelorMittal Executive Chairman LN Mittal and family took the third position with a net worth of INR 3.40 lakh crore, jumping eight places after recording an impressive 93 per cent surge in wealth. The surge in Mittal's fortune was largely driven by firmer regional pricing policies and tighter steel trade measures enacted in Europe. SEBI Settles Hindenburg-Linked Disclosure and Audit Case With 5 Adani Firms for INR 1.5 Crore.
India's Billionaire Count Climbs to 391
The India Rich List 2026 featured 1,810 individuals whose wealth exceeded INR 1,000 crore. The combined wealth of all entrants rose 12.8 per cent year-on-year to INR 187.5 lakh crore, reflecting sustained economic expansion across diverse corporate and manufacturing sectors.
The expanded roster added 27 dollar billionaires over the past 12 months, raising India's total dollar-billionaire tally to a record 391. Founded in London in 1999 as a research, luxury publishing, and events enterprise, Hurun Report launched its India operations in 2012 under Anas Rahman Junaid to track wealth creation, technological innovation, and philanthropy through benchmarks such as the 'India Rich List' and 'India 500'. Is Adani Group Launching an Airline? Company Calls Media Reports 'Completely Baseless'.
On its official portal, Hurun India highlighted that its rankings aim to showcase the nation’s entrepreneurial landscape to domestic audiences through verified data while demonstrating to global investors that India continues to serve as an active center for capital creation.
Infrastructure and Energy Portfolio Powers Adani Group Growth
The Adani Group is a diversified conglomerate comprising multiple publicly traded entities that have built an extensive transport, logistics, and utility infrastructure portfolio spanning the Indian subcontinent.
Over the years, the conglomerate has positioned itself as an industry leader across its core transport logistics and energy utility divisions, focusing on large-scale infrastructure projects executed with operations and maintenance (O&M) standards aligned with international benchmarks. This steady expansion across ports, power transmission, and green energy continues to form the bedrock of the family's balance sheet and valuation gains.
(The above story first appeared on LatestLY on Sep 23, 2026 07:33 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
