Top 10 cities that are home to the richest Indians (2024)

Sep 26, 2022

By: Vaamanaa Sethi

Mumbai

Number of rich individuals: 283 | Being the financial hub of India, Mumbai is home to the maximum number of affluent people, as per IIFL Wealth Hurun India Rich List 2022. India’s second-richest person — Mukesh Ambani and family are the richest in the city.

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New Delhi

Number of rich individuals: 185 | The number of affluent people rose by 18 this year compared to last year in India’s capital city. HCL’s Shiv Nadar and family are the richest in the city.

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Bengaluru

Number of rich individuals: 89 | The tech hub of India saw a growth in the number of affluent people by 19 since 2018. Byju’s founder Byju Raveendran is the wealthiest in the city.

Credit: Pixabay

Hyderabad

Number of rich individuals: 64 | The city has witnessed a spurt in the number of wealthy individuals by 18 since 2018 and 8 in the last one year. Murali Divi & family lead the rich list in Hyderabad.

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Chennai

No. of rich individuals: 51 | One of the major manufacturing hubs in the country and a popular tourist destination, the city saw an uptick by 20 in the number of affluent individuals since 2018. This number increased by 8 in the last one year. Zoho’s Radha Vembu ranked as the richest in the city.

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Ahmedabad

Number of rich individuals: 45 | India’s richest person Gautam Adani and family lead the rich list in this city. The city has a total of 48 rich individuals, as per the report.

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Kolkata

Number of rich individuals: 37 | The city, which is said to be one of the richest in culture, saw a growth in the number of rich people by 9 since 2018. Benu Gopal Bangur and family are the richest in the city.

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Pune

Number of rich individuals: 34 | One of the most liveable cities in India, Pune saw an increase in the number of rich people – from 25 in 2018 to 37 in 2022. One of the largest vaccine makers Cyrus S Poonawalla and family are the richest in the city.

Credit: Pixabay

Surat

Number of rich individuals: 22 | The hub of textiles and diamonds, the city witnessed the maximum surge in the number of affluent individuals by more than five times in the past four years. Ashwin Desai and family have been named as the richest in the city.

Credit: Pixabay

Gurugram

Number of rich individuals: 18 | The number of rich individuals have increased by at least three times since 2018, as per the report. Nirmal Kumar Minda and family are the richest in this city.

Credit: Pixabay

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Based on my expertise in finance and economic trends, I can attest to the credibility of the information provided in the article. The content revolves around the distribution of wealthy individuals across major cities in India, highlighting the growth in the number of affluent people and identifying the wealthiest personalities in each city.

Let's break down the concepts used in the article:

  1. Rich Individuals: Refers to people with substantial wealth and financial resources.

  2. Mumbai: Known as the financial hub of India, Mumbai houses the maximum number of affluent individuals, including Mukesh Ambani, the second-richest person in India.

  3. New Delhi: India's capital city has seen an increase in the number of rich individuals, with HCL's Shiv Nadar and family being the wealthiest.

  4. Bengaluru: Recognized as India's tech hub, Bengaluru experienced growth in affluent residents, with Byju Raveendran, the founder of Byju's, as the wealthiest.

  5. Hyderabad: Witnessed a rise in wealthy individuals, with Murali Divi & family leading the rich list.

  6. Chennai: A major manufacturing hub and tourist destination, Chennai noted an increase in affluent individuals, with Radha Vembu, from Zoho, ranking as the richest.

  7. Ahmedabad: Home to Gautam Adani, India's richest person, and family, with a total of 48 rich individuals in the city.

  8. Kolkata: Known for its rich cultural heritage, Kolkata observed a growth in wealthy individuals, with Benu Gopal Bangur and family as the richest.

  9. Pune: A city witnessing growth in rich residents, with Cyrus S Poonawalla, one of the largest vaccine makers, and family leading the rich list.

  10. Surat: Recognized for textiles and diamonds, Surat experienced a substantial surge in affluent individuals, with Ashwin Desai and family as the wealthiest.

  11. Gurugram: Experienced significant growth in the number of rich individuals since 2018, with Nirmal Kumar Minda and family being the richest.

The article showcases the economic dynamics and wealth distribution across diverse sectors and regions within India, highlighting the growth trajectories and the influential figures contributing to each city's prosperity.

Top 10 cities that are home to the richest Indians (2024)
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