Young Billionaires in Hurun India Rich List 2024
The Hurun India Rich List 2024 has officially released the names of the country’s wealthiest individuals. Topping the list is Gautam Adani, followed closely by Mukesh Ambani. But amidst the established names, a new trend is emerging with the introduction of the youngest billionaires in India, challenging the legacy of the Ambani and Adani families.
Introducing the Youngest Billionaires
| Name | Age | Net Worth (in Crores) | Company |
|---|---|---|---|
| Kaivalya Vohra | 21 | 3,600 | Zepto |
| Aadit Palicha | 22 | 4,300 | Zepto |
| Harshil Mathur | 33 | 8,700 | Razorpay |
| Shashank Kumar | 33 | 8,700 | Razorpay |
Kaivalya Vohra has made headlines as the youngest billionaire at just 21 years old, thanks to his role as the co-founder of Zepto, an innovative fast grocery delivery service. His remarkable net worth stands at an impressive ₹3,600 crores. Starting Zepto in 2021, he has rapidly escalated his business amidst fierce competition.
Following closely is his fellow co-founder, Aadit Palicha, who, at the age of 22, is recognized as the second youngest billionaire in India with a wealth of ₹4,300 crores. Their collaboration within Zepto has placed them in direct competition with the heirs of India’s most powerful business families.
Competition from Industry Giants’ Offspring
Besides Kaivalya and Aadit, the list features notable names like Harshil Mathur and Shashank Kumar, both 33 years old and co-founders of Razorpay, with a combined net worth of approximately ₹8,700 crores. They stand as formidable competitors in the financial technology sector.
The young billionaires are undoubtedly in competition with future business magnates like the children of Mukesh Ambani, including Isha Ambani, who, at 32 years old, boasts a net worth of ₹800 crores as the head of Reliance Retail; Akash Ambani with funds amounting to ₹3,600 crores, and Anant Ambani with ₹3,500 crores primarily taking charge of Reliance Telecom and Reliance New Energies, respectively.
Similarly, Gautam Adani’s children, Karan Adani and Jeet Adani, are also significant players in this burgeoning landscape, with net worths of approximately ₹10,000 crores and ₹9,871 crores, respectively. Their financial prowess positions them well within the realm of affluent billionaires.
Surge in India’s Billionaires
The Hurun India Rich List 2024 reveals an unprecedented milestone: the number of billionaires in India has now surpassed 300 for the first time. This list encompasses individuals from diverse sectors, including entertainment, corporate, and e-commerce, showcasing the breadth of wealth accumulation in the country.
Leading the list, Gautam Adani and his family possess a staggering net worth of ₹11.6 lakh crores, overtaking Mukesh Ambani for the top spot. Adani’s wealth has surged by an astonishing 95% in the past year, demonstrating a remarkable growth trend that has repositioned him within the elite circle of Indian billionaires.
Adding to the cultural cachet, Bollywood superstar Shah Rukh Khan also secured a spot on this esteemed list, strengthening his reputation as one of India’s most successful and affluent figures. Additionally, Radha Vembu of Zoho Corporation and seasoned tech executive Anand Chandrasekaran are among those making their mark in this elite group.
