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Mukesh Ambani and his family have overtaken Gautam Adani to reclaim the title of India’s richest, according to the latest M3M Hurun India Rich List 2025. With a fortune of Rs 9.55 lakh crore, Ambani tops the list, while the Adani family ranks second with Rs 8.15 lakh crore.Also read: Hurun Rich List 2025: Mukesh Ambani beats Gautam Adani to reclaim India’s richest throne with Rs 9.55 lakh crore wealth Making history, Roshni Nadar Malhotra and her family have secured the third spot with Rs 2.84 lakh crore, cementing her status as India’s richest woman. The report also highlights the growing influence of newcomers in shaping the country’s wealth landscape.Read more: Bollywood 'Badshah' Shah Rukh Khan joins billionaire club for the first time: Hurun Rich ListCheck full list of Top 100 Hurun Rich List Rank Name Company Wealth (Rs crore) 1 Mukesh Ambani & family Reliance Industries Rs 9,55,410 crore 2 Gautam Adani & family Adani Rs 8,14,720 crore 3 Roshni Nadar Malhotra & family HCL Rs 2,84,120 crore 4 Cyrus S Poonawalla & family Serum Institute of India Rs 2,46,460 crore 5 Kumar Mangalam Birla & family Aditya Birla Rs 2,32,850 crore 6 Niraj Bajaj & family Bajaj Auto Rs 2,32,680 crore 7 Dilip Shanghvi Sun Pharmaceutical Industries Rs 2,30,560 crore 8 Azim Premji & family Wipro Rs 2,21,250 crore 9 Gopichand Hinduja & family Hinduja Rs 1,85,310 crore 10 Radhakishan Damani & family Avenue Supermarts Rs 1,82,980 crore 11 LN Mittal & family Arcelormittal Rs 1,75,390 crore 12 Jay Chaudhry Zscaler Rs 1,46,470 crore 13 Sajjan Jindal & family JSW Steel Rs 1,43,330 crore 14 Uday Kotak Kotak Mahindra Bank Rs 1,25,120 crore 15 Rajiv Singh & family DLF Rs 1,21,200 crore 16 Anil Agarwal & family Vedanta Resources Rs 1,11,400 crore 17 Ravi Jaipuria & family RJ Corp Rs 1,09,260 crore 18 Vikram Lal & family Eicher Motors Rs 1,03,820 crore 19 Sunil Mittal & family Bharti Airtel Rs 99,300 crore 20 Mangal Prabhat Lodha & family Lodha Developers Rs 93,750 crore 21 Murali Divi & family Divi’s Laboratories Rs 91,100 crore 22 Rohiqa Cyrus Mistry & family Shapoorji Pallonji Rs 88,650 crore 23 Shapoor Pallonji Mistry & family Shapoorji Pallonji Rs 88,650 crore 24 Joy Alukkas Joy Alukkas Rs 88,430 crore 25 Sri Prakash Lohia Indorama Rs 87,700 crore 26 Nusli Wadia & family Britannia Industries Rs 86,820 crore 27 Venu Srinivasan TVS Motors Rs 85,260 crore 28 Pankaj Patel & family Zydus Lifesciences Rs 84,510 crore 29 Vijay Chauhan & family Parle Products Rs 74,600 crore 30 Rahul Bhatia & family Interglobe Aviation Rs 71,270 crore 31 Gopikishan Damani & family Avenue Supermarts Rs 70,670 crore 32 Benu Gopal Bangur & family Shree Cement Rs 70,090 crore 33 Vivek Kumar Jain Gujarat Fluorochemicals Rs 67,800 crore 34 Satyanarayan Nuwal Solar Industries India Rs 62,250 crore 35 Sudhir Mehta & family Torrent Pharmaceuticals Rs 62,200 crore 36 Samir Mehta & family Torrent Pharmaceuticals Rs 62,200 crore 37 Rajan Bharti Mittal & family Bharti Airtel Rs 62,060 crore 38 Rakesh Bharti Mittal & family Bharti Airtel Rs 62,060 crore 39 Sanjiv Goenka & family CESC Rs 58,730 crore 40 Vivek Chaand Sehgal & family Samvardhana Motherson International Rs 57,060 crore 41 Adi Godrej & family Godrej Consumer Durables Rs 55,580 crore 42 Abhaykumar Firodia & family Force Motors Rs 55,270 crore 43 Shahid Bilakhia & family Meril Life Science Rs 55,130 crore 44 Harsh Mariwala & family Marico Rs 53,990 crore 45 Anand Mahindra & family Mahindra & Mahindra Rs 51,930 crore 46 Ina Ashwin Dani & family Asian Paints Rs 51,450 crore 47 Rekha Rakesh Jhunjhunwala & family Rare Enterprises Rs 50,480 crore 48 Jayshree Ullal Arista Networks Rs 50,170 crore 49 Chandru Raheja & family K Raheja Rs 49,360 crore 50 Nadir Godrej & family Godrej Consumer Durables Rs 49,000 crore 51 Radha Vembu Zoho Rs 46,580 crore 52 Vembu Sekar Zoho Rs 46,580 crore 53 Yusuff Ali MA Lulu Rs 46,300 crore 54 Karsanbhai Patel & family Nirma Rs 45,900 crore 55 Manju D Gupta & family Lupin Rs 45,270 crore 56 Sajjan Kumar Patwari & family Rashmi Metaliks Rs 44,760 crore 57 Acharya Balkrishna Patanjali Ayurved Rs 43,640 crore 58 Vikas Oberoi Oberoi Realty Rs 42,960 crore 59 Rakesh Gangwal & family Interglobe Aviation Rs 42,790 crore 60 P Pitchi Reddy Megha Engineering & Infrastructures Rs 42,650 crore 61 Manohar Lal Agarwal & family Haldiram Snacks Rs 42,260 crore 62 PV Krishna Reddy Megha Engineering & Infrastructures Rs 41,810 crore 63 Basant Bansal & family M3M India Rs 41,140 crore 64 Nithin Kamath & family Zerodha Rs 40,020 crore 65 Falguni Nayar & family Nykaa Rs 39,810 crore 66 B Parthasaradhi Reddy & family Hetero Labs Rs 39,030 crore 67 Madhusudhan Agarwal & family Haldiram Snacks Rs 38,650 crore 68 Kailashchandra Nuwal & family Solar Industries India Rs 38,630 crore 69 Nirmal Kumar Minda & family Uno Minda Rs 38,300 crore 70 Anurang Jain & family Endurance Technologies Rs 38,040 crore 71 Sanjay Dangi & Alpana Sanjay Dangi Authum Infrastructure Rs 37,800 crore 72 Shivkishan Moolchand Agarwal & family Haldiram Foods International Rs 37,750 crore 73 Romesh T Wadhwani Symphony Technology Rs 37,200 crore 74 Anil Rai Gupta & family Havells India Rs 37,150 crore 75 Sunny Varkey Gems Education Rs 37,070 crore 76 Naveen Jindal & family Jindal Steel & Power Rs 36,190 crore 77 Bhushan Dua & family Super Cassettes Industries Rs 35,790 crore 78 Arun Bharat Ram SRF Chemicals Rs 35,760 crore 79 Sunil Vachani Dixon Technologies Rs 35,570 crore 80 Uma Devi Prasad & family Aristo Pharmaceuticals Rs 35,350 crore 81 Prem Watsa Fairfax Financial Holdings Rs 35,270 crore 82 Madhukar Parekh & family Pidilite Industries Rs 35,210 crore 83 Aditya Khemka & family Aditya Infotech Rs 35,140 crore 84 Smita V Crishna & family Godrej Consumer Durables Rs 35,100 crore 85 Ranjan Pai Manipal Education & Medical Rs 34,700 crore 86 Jamshyd Godrej & family Godrej Consumer Durables Rs 34,220 crore 87 Rajan Raheja & family Exide Industries Rs 33,950 crore 88 Rishad Naoroji & family Godrej Consumer Durables Rs 33,700 crore 89 Pratap Reddy & family Apollo Hospitals Enterprise Rs 33,160 crore 90 TS Kalyanaraman & family Kalyan Jewellers India Rs 32,670 crore 91 Niranjan Hiranandani Nidar Rs 32,500 crore 92 NR Narayana Murthy & family Infosys Rs 32,150 crore 93 Raja Bagmane Bagmane Developers Rs 31,510 crore 94 GM Rao & family GMR Rs 31,340 crore 95 Pritviraj Jindal & family JSW Steel Rs 31,000 crore 96 S Gopalakrishnan & family Infosys Rs 30,740 crore 97 Ramesh Juneja & family Mankind Pharma Rs 30,680 crore 98 Divyank Turakhia Ai.Tech Rs 30,680 crore 99 Rafique Abdul Malik & family Metro Brands Rs 30,440 crore 100 Arvindkumar Poddar & family Balkrishna Industries Rs 30,190 crore

Mining conglomerate Vedanta Resources has raised $500 million through the sale of a seven-year US dollar-denominated bond issue, which was oversubscribed three times. Vedanta Resources Finance II plc, a subsidiary of Vedanta Resources, said in an exchange filing that its $500 million bond issue attracted bids exceeding $1.6 billion, more than triple the issue size. The net proceeds from the offering will be used to repay existing debt and for general corporate purposes. With this offering, Vedanta has raised $3.6 billion from international bond markets in the last 14 months and, in the process, ensured a spread-out debt maturity profile. "The bonds received final orders of over $1.6 billion, recording more than 3x oversubscription from existing as well as a new set of investors across APAC, EMEA and the US, with 97 per cent participation from asset managers/fund managers, highlighting the confidence of investors in the Vedanta story," the statement said. The final allocation of the Bonds reflected the broad-based support which Vedanta enjoys, including 47 per cent from Asia, 24 per cent from EMEA (Europe, Middle East and Africa), and 29 per cent from the US. "The bonds are expected, on the closing date, to be rated 'B2' by Moody's Ratings, a division of Moody's Inc. and 'B+' by Fitch Ratings Limited," Vedanta Resources said. The move is a part of Vedanta Group's broader deleveraging and liquidity management exercise, where it is retiring its high-cost debt with low-cost instruments having a longer maturity, thus elongating its gross debt maturity profile. It comes at a time when Vedanta Resources and its subsidiary Vedanta Ltd are generating steady cash flows from their diversified business and also gaining from cost leadership across commodities. Vedanta Resources delivered a strong financial performance in FY25, clocking a revenue of USD 18.2 billion, up 6.4 per cent on a yearly basis. The company recorded an EBITDA of USD 5.5 billion, with a margin of 29.9 per cent, while the free cash flow post capex was USD 1 billion. Vedanta Resources has reduced its debt by more than USD 4 billion since FY22, with total gross debt falling from $9.1 billion in fiscal 2022 to $4.8 billion as of June 2025. The company has also focused on consolidating its debt, which has helped in creating a robust capital structure, providing it a strong access to capital markets across the group and longer tenor issuances. As a part of this, it has diversified its credit profile through a mix of bonds and bank loans, while adding new banks to its capital structure. International credit rating agencies have taken note of Vedanta Resources' sustainable capital structure, with Fitch, Moody's and S&P Global maintaining a stable outlook on the bonds issued by the company. Citigroup, Barclays, JP Morgan, Mashreq, SMBC Nikko and Standard Chartered Bank are acting as joint global coordinators and managers on the bond issue, which closes on October 15.