India's richest family in Singapore

The 2024 Barclays Private Clients Hurun India report highlights the immense wealth of India's top family businesses, collectively valued at approximately ₹60.09 lakh crore (around $460 billion), rivaling Singapore's GDP. The Ambani family leads the list with a valuation of ₹25.75 trillion, followed by the Bajaj family at ₹7.13 trillion and the Birla family at ₹5.39 trillion. Notably, Mumbai hosts 65 of the top 200 family-owned businesses, which together control about $1.3 trillion in market value. The report emphasizes the significant role of these businesses in India's economic stability, with 69% managed by second-generation leaders. Additionally, 15 companies on the list are led by women, showcasing a shift towards greater diversity in leadership. The rankings exclude first-generation entrepreneurs like the Adani family, which tops a separate list of such businesses valued at ₹15.45 trillion.