Hyderabad: Hyderabad has achieved a notable position on the Hurun India Rich List 2024, ranking among the top 10 Indian cities. With 17 entrants, the city has surpassed Bengaluru for the first time, securing the third spot on the list, while Mumbai and New Delhi take the top two positions in terms of new additions.
According to the report released on Thursday, Hyderabad is home to 18 billionaires and a total of 104 ultra-wealthy individuals. Leading the list of billionaires in Hyderabad is Murali Divi and Family, with a wealth of ₹76,100 crore.
Among the top 100 richest people in India, Hyderabad also boasts P. Pitchi Reddy with ₹54,800 crore, P.V. Krishna Reddy with ₹52,700 crore, and B. Parthasaradhi Reddy and Family with ₹29,900 crore.
On a national scale, the Hurun India Rich List recorded 1,539 ultra-wealthy individuals, marking a significant increase of 220 from the previous year. The number of billionaires in India has surged by 29%, crossing the 300 mark for the first time and reaching 334 billionaires.
The cumulative wealth of these billionaires stands at ₹159 lakh crore, with a new billionaire being added every five days last year.
Mumbai tops the list with the highest number of billionaires, housing 92, with Mukesh Ambani and Family leading the wealth charts. New Delhi follows in second place with 68 billionaires, reaffirming its status as a key wealth hub in India.