New Delhi: The year 2025 has been a mixed bag for India’s wealthiest. While some billionaires saw their net worth soar, others experienced declines due to market fluctuations and foreign institutional investor (FII) sell-offs, especially in the IT sector. Here’s a look at the top gainers and notable losers among India’s richest this year.
Top Gainers:
- Mukesh Ambani: Chairman of Reliance Industries, India’s most valuable company, saw his net worth increase by an impressive $15.2 billion in 2025. Reliance shares surged nearly 30% this year, driven by higher refining margins, increased telecom tariffs, strong retail performance, and positive market expectations. Ambani now ranks 18th globally and first in Asia.
- Gautam Adani: Founder of the Adani Group, made a remarkable comeback, adding $5.62 billion to his wealth, bringing his total to $84 billion. This rebound was aided by the Securities and Exchange Board of India (SEBI) clearing the company in the Hindenburg case, restoring investor confidence. Adani ranks 2nd in Asia and 20th globally.
- Other notable gainers:
- Lakshmi Mittal: Chairman of ArcelorMittal, gained $12 billion, totaling $31 billion.
- Sunil Bharti Mittal: Founder of Bharti Enterprises, wealth rose by $6 billion to $29 billion.
- Kumar Mangalam Birla: Added $4 billion to reach $22 billion.
- Uday Kotak: Founder of Kotak Mahindra Bank, wealth increased by over $2 billion to $16 billion.
- Others in the top gainers list: Vikram Lal (Eicher Motors), Nusli Wadia (Wadia Group), Rahul Bhatia (IndiGo), and Sameer Mehta (Torrent Group, $7 billion).
Biggest Losers:
- Shiv Nadar: Founder of HCL Tech, topped the list of wealth decline with a $5.68 billion drop, leaving his net worth at $37.4 billion. IT sector FII sell-offs caused HCL shares to fall 15% this year.
- Azim Premji: Former chairman of Wipro, saw his wealth fall by $3 billion to $28 billion, with Wipro shares down 12%.
- KP Singh: Founder of real estate giant DLF, net worth dropped $3.38 billion to $14 billion, shares fell 17%.
- Dilip Shanghvi: MD of Sun Pharmaceuticals, wealth decreased by $4 billion to $25.5 billion.
- Ravi Jaipuria: Chairman of Varun Beverages, lost $4.53 billion, ending the year with $12.7 billion.
Conclusion:
2025 was a year of highs and lows for India’s billionaires. While industrial and retail sectors propelled fortunes like Ambani’s and Adani’s upward, IT and real estate sectors faced pressure from FII sell-offs, resulting in significant wealth erosion for others.
Discover more from SD NEWS agency
Subscribe to get the latest posts sent to your email.