Fortunes soar: India’s richest cross $1 trillion mark amid market rally

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Key Points

Forbes' analysis shows that India's 100 richest individuals now have a total net worth of $1.1 trillion, more than doubling their wealth since 2019...

The report highlights the positive investor sentiment around India's economy, driven by Prime Minister Narendra Modi's successful bid for a third term in office earlier this year..

Other prominent figures on the list include Savitri Jindal, the head of the O.P. Jindal Group, who became the third-richest person in India with a net worth of $43.7 billion..

Shiv Nadar, founder of tech giant HCL, follows in fourth place with a net worth of $40.2 billion, with both Jindal and Nadar among the six individuals whose fortunes grew by more than $10 billion this year...

The year 2024 marks a pivotal moment for Indias richest individuals, with their collective wealth growing by 40% from $799 billion in 2023 to $1.1 trillion this year..

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