India’s Richest Business Families: One Snapshot. For decades, India has had some of the world’s most powerful business dynasties. Generational wealth also continues to mold industries, markets and the country’s economy. Here’s a view of the top 10 business families by average wealth per family.
1. Agarwals
No. of Families: 12
Average Wealth per Family: ₹79,200 Cr The Agarwals lead the list, with diversified interests across industries and an impressive average wealth per family.
2. Guptas
No. of Families: 12
Average Wealth per Family: ₹63,360 Cr Known for their strong presence in trade and commerce, the Guptas hold the second spot.
3. Patels
No. of Families: 10
Average Wealth per Family: ₹54,560 Cr The Patels, with roots in business and entrepreneurship, continue to thrive with significant wealth holdings.
4. Jains
No. of Families: 9
Average Wealth per Family: ₹51,040 Cr The Jains, traditionally associated with commerce, remain among the wealthiest families in India.
5. Mehtas
No. of Families: 5
Average Wealth per Family: ₹39,600 Cr Despite fewer families, the Mehtas command substantial wealth, reflecting their strong business legacy.
6. Birlas
No. of Families: 4
Average Wealth per Family: ₹36,800 Cr The Birlas, one of India’s most iconic industrial families, continue to hold immense influence and wealth.
7. Ambanis
No. of Families: 1
Average Wealth per Family: ₹34,500 Cr With just one family, the Ambanis remain a household name, symbolizing modern Indian corporate power.
8. Mittals
No. of Families: 3
Average Wealth per Family: ₹31,200 Cr The Mittals, known globally for their steel empire, secure their place among India’s richest.
9. Tatas
No. of Families: 2
Average Wealth per Family: ₹28,900 Cr The Tatas, synonymous with trust and philanthropy, continue to be one of India’s most respected business families.
10. Hindujas
No. of Families: 1
Average Wealth per Family: ₹27,600 Cr The Hindujas, with global business interests, round off the list with significant wealth and influence.
From the Agarwals at the head to the Hindujas at the tenth spot, these families are the backbone of India’s corporate and industrial heartland. Their wealth is both a measure of financial success and a reflection of their enduring impact on the nation’s economy.