India’s billionaire count rises to 308

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NEW DELHI, March 7: India’s billionaire figures have risen to 308 — an increase of 24 from last year — which indicates strong wealth creation and sustained economic momentum, according to the Hurun Research Institute’s ‘Hurun Global Rich List 2026’ released on Saturday.
The increase pushed India to the third position globally in terms of the number of billionaires, behind the United States and China.
The total wealth held by Indian billionaires rose 10 per cent year-on-year to Rs 112.6 trillion, with 199 individuals seeing an increase in their fortunes.However, 109 billionaires experienced a decline in wealth or saw their net worth remain unchanged. Women accounted for 7 per cent of India’s billionaire population.According to the Hurun report, India’s billionaire class is expanding beyond traditional industries, reflecting the broad base of economic growth across sectors.(PTI)

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