The combined wealth of India’s richest families is equal to Singapore’s GDP

These are the three richest families of India, whose total business value is $460 billion. This figure is equal to the GDP of Singapore. This information has come out from the report of Barclays Private Clients Hurun India. Three families of India are included in the list of India’s most valuable family businesses.
 
The Ambani family tops the list with a net worth of Rs 25.8 lakh crore ($309 billion), followed by the Bajaj family headed by Neeraj Bajaj at the second spot with Rs 7.1 lakh crore and the Birla family headed by Kumar Mangalam Birla at the third spot with Rs 5.4 lakh crore.
 
The list of first-generation entrepreneurs is topped by the Adani family, worth ₹15.4 lakh crore, followed by the Poonawala family, worth ₹2.4 lakh crore, and the Divi family, worth ₹91,200 crore. The business families on the 2024 list have a combined wealth of $1.3 trillion, which is more than the combined GDP of Switzerland and the UAE, according to the list. In total, 124 families on the list have a net worth of at least $1 billion.
 
The list also mentions that in terms of share price growth since succession, the Benu Bangur family leads with a 571-fold increase, followed by the Tapadia family in second place with a 387-fold increase and the Dharampal Agarwal family in third place with a 316-fold increase. Haldiram Snacks is India’s most valuable unlisted company, with a valuation of ₹63,000 crore.

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