India’s top 10 cities housing the most rich residents in 2024

Aug 29, 2024

By: Ayush Mehrotra

Billionaire capital of Asia

As per the Hurun India Rich List, Mumbai hosts 25% of the rich listers and is now Asia's billionaire capital, surpassing Beijing. Let’s take a look at the top Indian cities hosting the highest numbers of rich residents.

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Mumbai

Mumbai tops the list with 386 entities, showcasing a strong rise of 58 entries. Home to Mukesh Ambani & family, the financial capital of India continues to lead as India’s wealth capital, boasting 92 billionaires among its elite residents.

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New Delhi

New Delhi ranks second with 217 entities, marking an increase of 18. Shiv Nadar & family lead the wealth charts in the capital. The national capital is home to 68 billionaires, reflecting its economic growth.

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Hyderabad

Hyderabad rises to third place with 104 entities, up by 17. Murali Divi & family are the richest here. Hyderabad has grown significantly, hosting 18 billionaires, highlighting its economic boom.

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Bengaluru

Bengaluru, holding steady at fourth place, boasts 100 entities. Home to Azim Premji & family, the city continues to be a tech and business hub, with 27 billionaires shaping its dynamic economy.

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Chennai

Chennai secures the fifth spot with 82 entities with a gain of 15. Venu Srinivasan leads as the wealthiest. With 16 billionaires, Chennai's diverse economy and entrepreneurial spirit shine brightly in the wealth landscape.

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Kolkata

Kolkata climbs to sixth with 69 entities, increasing by 18. Benu Gopal Bangur & family top the wealth list in the city. With 12 billionaires, Kolkata continues to be a significant player in India's financial landscape.

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Ahmedabad

At seventh rank with 67 entities, Ahmedabad is home to Gautam Adani & family, the richest in the city. Despite dropping a rank, Ahmedabad has 14 billionaires, reflecting its steady economic growth and industrial influence.

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Pune

Pune ranks eighth with 53 entities, gaining 14. Cyrus S Poonawalla & family are the wealthiest here. The city has 11 billionaires, showcasing its emergence as a key economic centre in India.

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Surat

Surat, with 28 entities, sees a slight rise. Ashwin Desai & family lead the wealth in this city known for diamonds and textiles. With 2 billionaires, Surat's economic influence is growing steadily.

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Gurugram

Gurugram moves up to tenth place with 23 entities, an increase of 5. Nirmal Kumar Minda & family are the richest in this corporate hub, which is home to 2 billionaires, reflecting its thriving business and startup ecosystem.

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