Flipkart founders have entered the Hurun Global Rich List, China-based research firm’s listing of richest billionaires.
The Bansals are each valued at $1.4Bn and India has added 14 more billionaires in the last 1 year, taking the total count to 111.
Insights From Hurun List
The ‘Big Two’ are China and the USA with 568 and 535 billionaires respectively, amounting to almost half of the billionaires on the planet. India grew fast (stands at number 3). Russia had another bad year.
Indian Billionaires : Time For Tech To Own The World
Manufacturing, Pharma and Tech are the preferred sectors with 22, 20 and 15 billionaires respectively. Combined wealth of the Indian billionaires shot up by 16% to US$308bn.
Average age of Indian billionaire is 64. Mumbai is headquarters to most of the Indian billionaires. Mukesh Ambani (US$26bn, rank 21) is the richest Indian.
Globally speaking, Beijing is the new ‘Billionaire Capital of the World’, snatching the title from New York for the first time. 100 of theHurun Billionaires live in the Beijing, up 32 from last year.