Maharashtra is home to the largest number of richest individuals in India, according to the recently published Barclays Hurun India Rich List 2018. The richest individuals have been defined as those with a net worth of more than Rs 1,000 crore.
According to the survey, more than 271 rich individuals with a combined wealth of a whopping Rs 21.14 lakh crore are spread across five districts in the state including the financial capital of the country Mumbai, Thane, Nashik, Nagpur and Pune. Overall such 831 such individuals exist in India who have a combined wealth of Rs 49.47 lakh crore. Five of the top ten people in the list stay in Maharashtra, including India’s richest man Mukesh Ambani, who has assets worth Rs 3.7 lakh crore.
Maharashtra was followed by the National Capital Region territory that includes New Delhi, Noida, Gurugram and Faridabad. Karnataka is third in the pecking order, thanks to Bengaluru and Huballi. There are 71 people with wealth of at least Rs 1,000 crore with a combined wealth of Rs 3.48 lakh crore, less than Mukesh Ambani’s.
Gujarat (Ahmedabad, Rajkot, Vadodra and Surat) has 60 people with Rs 2.57 lakh crore wealth. Andhra Pradesh (including Telangana — comprising the districts of Hyderabad, Secunderabad, Kakinada, Rangareddy, Vijayawada, Vishakhapatnam and Tirupati) has 55 people with Rs 1.66 lakh crore assets.
The top five states accounted for nearly 73 per cent of wealth by value and 76 per cent by numbers of India’s richest.
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