Gautam Adani and his family have reclaimed their spot as the richest Indians in M3M Hurun India Rich List 2026, overtaking his counterpart, Mukesh Ambani and his family.

According to the latest Hurun rankings published on 23 September, Gautam Adani’s wealth increased 13% to ₹9.23 lakh crore ($96 billion). Mukesh Ambani and his family ranked second with wealth of ₹8.63 lakh crore ($90 billion) after recording a 10% drop. The two fortunes are about ₹59,400 crore apart.

Gautam Adani Becomes India’s Richest Person Again

The latest ranking marks Adani’s return to the No. 1 in the Hurun India Rich List. The list ranks wealthy individuals and families according to their estimated wealth at the cut-off date.

The 2026 edition of Hurun list includes 1,810 individuals with wealth of at least ₹1,000 crore. Their combined wealth grew 12.8% year-on-year to about ₹187.5 lakh crore or nearly half of India’s GDP. India’s dollar-billionaire count also peaked at 391.

Mukesh Ambani Moves to Second Position

Mukesh Ambani and his family, who run Reliance Industries, moved to the second place with an estimated wealth of ₹8.63 lakh crore.

The shift at the top reflects the volatile valuations of many major business groups from year to year based on the performance of individual companies and the varying techniques utilised by different wealth-ranking organisations.

Top 10 Richest Indians in Hurun Rich List 2026

The M3M Hurun India Rich List 2026 features many of India’s prominent business families and entrepreneurs in the list of the country’s wealthiest:

• Gautam Adani and family – ₹9.23 lakh crore
• Mukesh Ambani and family – ₹8.63 lakh crore
• LN Mittal and family – ₹3.39 lakh crore
• Cyrus Poonawalla and family – ₹3.03 lakh crore
• Roshni Nadar Malhotra and family – ₹2.79 lakh crore
• Kumar Mangalam Birla and family – ₹2.69 lakh crore
• Dilip Shanghvi – ₹2.65 lakh crore
• Azim Premji and family – ₹2.63 lakh crore
• Anil Agarwal and family – ₹2.08 lakh crore
• Samir Mehta and family – ₹1.89 lakh crore

AI Emerges as a New Wealth-Creation Sector

One of the notable developments in the 2026 Hurun list is the rising contribution of artificial intelligence to India’s wealth creation.

For the first time, AI was identified as a separate sector in the ranking. The list includes 19 people associated with AI, whose combined wealth amounted to ₹3.07 lakh crore. Fifteen were new entrants.

Quantum computing made its debut too. Nagendra Nagaraja of QpiAI became the first quantum-computing entrepreneur on the Hurun list, with an estimated wealth of ₹1,700 crore.

Manufacturing Continues to Drive Wealth Creation

While new technologies are driving wealth in India, traditional industries continue to fuel the wealth creation.

Industrial products had the largest number of entrants, followed by chemicals and pharmaceuticals. The report also highlighted growth in sectors including aerospace and defence, green energy, metals and mining, pharmaceuticals and financial services.

Mumbai Remains India’s Major Wealth Hub

Mumbai again has the most people on the list with 465, followed closely by New Delhi with 236 and Bengaluru with 129.

Hyderabad had 114 people on the list, while Chennai had 96. Mumbai also recorded the highest dollar billionaires count among Indian cities.

Self-Made Entrepreneurs Account for 70% of the List

The Hurun report also highlights the growing role of entrepreneurship in India’s wealth creation. About 1,266 individuals or 70% of the people on the list are classified as self-made entrepreneurs.

The list also features a growing number of young entrepreneurs from technology and start-up companies as India’s start-up and innovation ecosystem grows.

India’s Billionaire Count Reaches Record Level

India now has 391 dollar billionaires, according to the 2026 Hurun list. India added 27 dollar billionaires compared with the previous year.

The report indicates growing diversification of traditional wealth in India, with traditional sectors such as manufacturing, pharmaceuticals and metals joined by newer areas including artificial intelligence, aerospace, defence and quantum computing.