The Ambani household has achieved a major milestone, surpassing 10% of India’s GDP, in response to the 2024 Barclays Non-public Purchasers Hurun India Most Beneficial Household Companies listing. The Ambani household, led by Mukesh Ambani, is now valued at roughly $309 billion (₹25.75 lakh crore), making them the “most dear household enterprise” in India. This valuation highlights their appreciable affect within the nation’s financial panorama.
Lately, the Ambani household hosted an extravagant wedding ceremony for his or her youthful son Anant, which value round $66 million (₹5,454 crore). Their place on the prime of the Hurun listing underscores their immense monetary energy. Following them, the Bajaj household, led by Niraj Bajaj, is valued at about $8.6 billion (₹7.12 lakh crore), securing the second spot. The Kumar Mangalam Birla household ranks third, with a web value of roughly $6.5 billion (₹5.38 lakh crore).
Notably, the Gautam Adani-led conglomerate, valued at round $18.6 billion (₹15.44 lakh crore), didn’t make it to the highest ten listing. It’s because the Adani group is classed as a first-generation household enterprise. The Hurun report focuses on household companies the place a descendant of the founding household is actively concerned within the firm’s administration or board.
The 2024 Hurun India listing assesses family-owned enterprises the place founding members of the family are nonetheless engaged within the enterprise. The highest ten households on this listing collectively maintain a mixed worth of roughly $73.8 billion (₹6,009,100 crore). This substantial determine exceeds the GDP of nations just like the UAE and Switzerland.
The highest three households alone—Ambani, Bajaj, and Birla—have a mixed valuation of round $57 billion (₹46 lakh crore), a sum similar to the GDP of Singapore. Different outstanding households within the prime ten embody the Jindal, Nadar, Mahindra, Dani, Choksi, Vakil, Premji, Rajiv Singh, and Murugappa households.
This listing highlights the immense monetary energy held by family-run enterprises in India, illustrating their pivotal position within the nation’s enterprise sector.
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, making them the “most valuable family business” in India. This valuation highlights their considerable influence in the country’s economic landscape. Recently, the Ambani family hosted an extravagant wedding for their younger son Anant, which cost around $66 million (₹5,454 crore). Their position at the top of the Hurun list underscores their immense financial strength. Following them, the Bajaj family, led by Niraj Bajaj, is valued at about $8.6 billion (₹7.12 lakh crore), securing the second spot. The Kumar Mangalam Birla family ranks third, with a net worth of approximately $6.5 billion (₹5.38 lakh crore). Notably, the Gautam Adani-led conglomerate, valued at around $18.6 billion (₹15.44 lakh crore), did not make it to the top ten list. This is because the Adani group is classified as a first-generation family business. The Hurun report focuses on family businesses where a descendant of the founding family is actively involved in the company’s management or board. The 2024 Hurun India list assesses family-owned enterprises where founding family members are still engaged in the business. The top ten families on this list collectively hold a combined value of approximately $73.8 billion (₹6,009,100 crore). This substantial figure exceeds the GDP of countries like the UAE and Switzerland. The top three families alone—Ambani, Bajaj, and Birla—have a combined valuation of around $57 billion (₹46 lakh crore), a sum comparable to the GDP of Singapore. Other prominent families in the top ten include the Jindal, Nadar, Mahindra, Dani, Choksi, Vakil, Premji, Rajiv Singh, and Murugappa families. This list highlights the immense financial power held by family-run enterprises in India, illustrating their pivotal role in the nation’s business sector. For More Interesting News Follow Us on Instagram){kind=link}