Anant and Akash Ambani have emerged as the richest Indians in 2025, commanding a combined net worth of ₹3.59 lakh crore. The sons of Mukesh Ambani have overtaken other corporate heavyweights, securing the top spot on the newly released 360 ONE Wealth Creators List 2025, prepared in collaboration with CRISIL. This inaugural list features a total of 2,013 Indian entrepreneurs, investors, professionals, and heirs, collectively holding ₹100 trillion approximately a third of India’s GDP.
This year’s list underscores the rise of a new generation of wealth creators. A total of 143 individuals under the age of 40 feature on the list, reflecting a strong push toward digital-first ventures. Shashwat Nakrani, aged 27, stands out as the youngest among them. Notably, 46% of the under-40 first-generation billionaires have built their fortunes in digital sectors, such as fintech, edtech, broking, and e-commerce. Platforms like Upstox, Zerodha, Unacademy, and Urban Company have become primary engines for wealth among this demographic.
The report highlights that India’s largest business houses are still major forces in wealth accumulation. The top 50 business families contribute to nearly 60% of the total wealth. Reliance Industries and Adani Enterprises alone account for 12% of the nation’s billionaire wealth, solidifying their hold over India's corporate ecosystem. Among promoter wealth, family-owned enterprises from Tata Group, Reliance, and Adani account for a staggering ₹36 lakh crore, representing 24% of total promoter holdings more than the GDP of Italy and the Netherlands combined.
The top sectors contributing to wealth include pharmaceuticals, IT, and financial services, which together make up 26% of all billionaire wealth in India. Pharma leads with 174 rupee billionaires, followed by financial services (158) and IT (134). On a per capita basis, banking (₹8,500 crore), telecommunications (₹8,400 crore), and aviation (₹7,900 crore) deliver the highest average wealth among sectors.
Geographically, Mumbai retains its position as India’s wealth capital, hosting 577 rupee billionaires and accounting for 40% of total wealth. Delhi and Bengaluru follow, with 350 and 158 billionaires respectively. Ahmedabad contributes a modest 5% of the total wealth concentration.
Women are gradually moving from inclusion to influence in the wealth landscape. Though men make up 71% of the list, women have made significant strides in sectors like pharma (33% representation) and financial services (24%), holding 13% of the latter’s total promoter wealth.
The vast majority 93% of India’s billionaire wealth is tied to the public markets, with 607 listed firms representing most of the assets tracked. In contrast, unlisted companies account for only 7% of total wealth, highlighting a strong preference for publicly traded entities among the country’s richest. This evolving list paints a clear picture: while legacy business houses remain strong, young digital disruptors are rewriting India’s wealth story.
