India's Wealthiest Families: Ambani Tops Barclays-Hurun Report with ₹25.75 Trillion Valuation

India’s most affluent families have long been the driving force behind the nation’s economic growth, contributing significantly to its GDP and playing pivotal roles in various industries. The latest Barclays-Hurun India report reveals that the Ambani family leads the pack, boasting a staggering valuation of ₹25.75 trillion, which constitutes nearly 10% of India’s GDP.

At the forefront of India’s wealthiest families is the Ambani family, with a valuation that outstrips any other by a considerable margin. Led by Mukesh Ambani, Reliance Industries has expanded into multiple sectors, including petrochemicals, telecommunications, and retail, solidifying its position as a behemoth in the Indian and global markets.

Trailing behind the Ambanis, the Bajaj family ranks second with a valuation of ₹7.13 trillion. Bajaj Group, known for its diversified business portfolio encompassing financial services, automobiles, and home appliances, continues to thrive under the leadership of Rahul Bajaj and his successors.

The Birla family, with a valuation of ₹5.39 trillion, clinches the third spot. Aditya Birla Group’s extensive reach across sectors such as metals, cement, and telecommunications has positioned the family as a cornerstone of India’s industrial landscape.

The Sajjan Jindal-led family holds the fourth position with a valuation of ₹4.71 trillion. JSW Group’s dominance in the steel, energy, and infrastructure sectors underscores its significant contribution to the Indian economy. Meanwhile, the Nadar family, with a valuation of ₹4.30 trillion, rounds out the top five, largely driven by the success of HCL Technologies in the IT industry.

Among first-generation family businesses, the Adani family emerges as the leader with a valuation of ₹15.44 trillion. Gautam Adani’s aggressive expansion into ports, power, and infrastructure has made Adani Group one of the most influential business conglomerates in India.

The Poonawalla family, known for its leadership in the pharmaceuticals sector through Serum Institute of India, is valued at ₹2.37 trillion, placing them among the top first-generation family businesses. The Divi family, with a valuation of ₹91,200 crore, also stands out for its contributions to the pharmaceutical industry through Divi’s Laboratories.