Ambani Family’s Wealth Equals To 10% Of India’s GDP
The Ambani family held the top spot on the list of the wealthiest family-owned enterprises. The Ambani family's valuation of Rs. 25.75 trillion is nearly equal to 10% of India's GDP, according to the Barclays-Hurun india study. It was mentioned that the company's worth as of march 2024 served as the basis for the rating. In order to avoid duplicate counting, it also eliminates private investments, liquid assets, and cross-holding adjustments.
With a worth of Rs. 7.13 trillion, the Bajaj family is ranked second, after the Ambanis in first place. It is valued about three and a half times less than what the Ambanis are worth. With a worth of Rs. 5.39 trillion, the Birla family is ranked third. The research states that the combined corporate holdings of these top three families are worth $460 billion, or Singapore's GDP.
Fourth place goes to the Jindal family, headed by Sajjan Jindal, while fifth place goes to the Nadar family, with respective valuations of Rs. 4.71 trillion and Rs. 4.30 trillion. With a valuation of Rs. 15.44 trillion, the adani family is the most valuable among the first-generation families. The Poonawalla family (worth Rs. 2.37 trillion) and the Divi family (worth Rs. 91,200 crore) come next.
With a worth of Rs. 7.13 trillion, the Bajaj family is ranked second, after the Ambanis in first place. It is valued about three and a half times less than what the Ambanis are worth. With a worth of Rs. 5.39 trillion, the Birla family is ranked third. The research states that the combined corporate holdings of these top three families are worth $460 billion, or Singapore's GDP.
Fourth place goes to the Jindal family, headed by Sajjan Jindal, while fifth place goes to the Nadar family, with respective valuations of Rs. 4.71 trillion and Rs. 4.30 trillion. With a valuation of Rs. 15.44 trillion, the adani family is the most valuable among the first-generation families. The Poonawalla family (worth Rs. 2.37 trillion) and the Divi family (worth Rs. 91,200 crore) come next.