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On list of richest Indians, flip-flop continues between Ambani and Adani: Who's on top now?

Posted on: Oct 01, 2025 17:33 IST | Posted by: Hindustantimes
On list of richest Indians, flip-flop continues between Ambani and Adani: Who's on top now?
REliance Industries modified (RIL) chairman Mukesh Ambani and fellowship dethroned Gautam Adani and his fellowship to suit republic of india’s richest in the M3M Hurun India Rich List 2025. Ambani secured the top spot with a net worth of ₹9.55 lakh crore, while Adani was named the second richest with a net worth of ₹8.15 lakh crore.Roshni Nadar Malhotra, chairperson of HCL Technologies, was named India’s richest woman as she entered the top 3 for the first time with a wealth of ₹2.84 lakh crore.Adani had dethroned Ambani and claimed the top spot in 2024, with a wealth of ₹11.6 lakh crore.ALSO READ | Where's Gen Z among richest Indians? Hurun list 2025 shows who's got the moneyThis ‘flip-flop’ between two of the richest business families in the country began in 2022 when Adani overtook the Reliance chairman to become the wealthiest. Until then, Ambani had occupied the top spot for 10 years straight.Here’s a look at the ‘flip-flop’ between the two businessmen over the past few years:Hurun India Rich List 2022Gautam Adani dethroned Mukesh Ambani in the 2022 list to become the richest man in the country with a net worth of ₹10.94 lakh crore.Before this, the Reliance chairman had held the top spot for a decade.ALSO READ | Alakh Pandey, Physics Wallah founder, enters Hurun Rich list after 223% wealth jumpHurun India Rich List 2023Mukesh Ambani reclaimed the top spot from Adani in the Hurun India Rich List 2023.Notably, Ambani and his family secured the top spot with a net worth of ₹8.08 lakh crore, while Adani came in second with a net worth of ₹4.74 lakh crore.Hurun India Rich List 2024Adani dethroned Ambani to become India’s richest individual with a net worth of ₹11.6 lakh crore in the 2024 Hurun India Rich List.Notably, Ambani and his family secured the second spot with a net worth of ₹10.14 lakh crore.And in 2025, the spots have flipped again, with Mukesh Ambani back on top.

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