Ambani family wealth nearly equals 10% of India’s GDP, says report

The Ambani family has topped the Barclays-Hurun India most valuable family businesses list, with a valuation of Rs 25.75 lakh crore, their total wealth is almost equal to 10% of India’s GDP, stated the 2024 Barclays-Hurun India report on the most valuable family businesses in the country. The family’s business empire of Reliance Industries mainly operates in the energy, retail, and telecom sectors.

The Bajaj family comes second in the Barclays Private Clients Hurun India most valuable family businesses list at Rs 7.13 lakh crore while Birlas come third at Rs 5.39 lakh crore.

The Adani family’s value has been pegged at Rs 15.44 lakh crore in the list, but being a first generation it does not feature in the main list.