- The Hurun Research Institute has released the “Hurun Global Rich List 2024”.
- Among global billionaires, Tesla CEO, Elon Musk, has re-emerged as the richest man, boasting a fortune of $231 billion.
- The 2024 Hurun Global Rich List is the 13th edition of the ranking of billionaires. Wealth calculations in the report are a snapshot of 15th January 2024.
- The 2024 list features a total of 3279 billionaires which includes 167 new billionaires. The number of billionaires globally increased by 5% compared to 2023.
TOP 5 BILLIONAIRES ON THE 2024 LIST:
| Rank |
Name |
Total Net Worth (USD billion) |
| 1 |
Elon Musk |
231 |
| 2 |
Jeff Bezos |
185 |
| 3 |
Bernard Arnault |
175 |
| 4 |
Mark Zuckerberg |
158 |
| 5 |
Warren Buffett |
144 |
| 6 |
Larry Ellison |
144 |
| 7 |
Steve Ballmer |
143 |
| 8 |
Bill Gates |
138 |
| 9 |
Larry Page |
123 |
| 10 |
Mukesh Ambani |
115 |
TOP 3 COUNTRIES WITH THE HIGHEST NUMBER OF BILLIONAIRES:
| Rank |
Country |
Number of Billionaires |
| 1 |
China |
814 |
| 2 |
The United States of America (USA) |
800 |
| 3 |
India |
217 |
TOP 5 CITIES WITH HIGHEST NUMBER OF BILLIONAIRES:
| Rank |
Cities |
Number of billionaires |
| 1 |
New York (USA) |
119 |
| 2 |
London (the United Kingdom) |
97 |
| 3 |
Mumbai (India) |
92 |
| 4 |
Beijing (China) |
91 |
| 5 |
Shanghai (China) |
87 |
KEY HIGHLIGHTS: INDIAN BILLIONAIRES:
- Mukesh Ambani, Asia’s richest man, is the only Indian featured on the top 10 of the list.
- Gautam Adani, Chairperson of Adani Group, is ranked 15th with a total net worth of USD 86 billion.
- The cumulative wealth of Indian billionaires’ amounts to USD 1 trillion, which accounts to 7% of the global billionaire wealth.
- India’s addition of 94 new billionaires in a single year consolidates India’s position as the 2nd largest contributor to the world billionaire list.
- Industries that contributed India’s growth are, Pharmaceutical sector (39 billionaire) followed by Automobile and Auto components industry (27 billionaire) and Chemical sector (24 billionaire).