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The Indian billionaires who increased their wealth the most in 2019 according to Hurun rich list

The Indian billionaires who increased their wealth the most in 2019 according to Hurun rich list
Business1 min read

  • India added three billionaires each month last year after the national stock market surged 15%.
  • It added a total of 34 new billionaires, becoming the third largest country with ultra-rich persons after China and US, according to Hurun Rich list.
  • Among the biggest gainers were Gautam Adani, Sunil Mittal, Radhakishan Damani etc.

Despite economic slowdown, India added three billionaires every month last year after the national stock markets surged. The country added a total of 34 new billionaires, becoming the third largest country with ultra-rich persons after China and US, according to Hurun Rich list.

“It has been a good year for the stock markets generally. Nasdaq led the way with a 26% increase, whilst India and China’s stock markets rose 15% and 14%,” Hurun Report chairman and chief researcher Rupert Hoogewerf said.

Gautam Adani, Sunil Mittal, Radhakishan Damani, NR Narayan Murthy were on the top of the top gainers list.


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