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Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

Indian billionaires’ wealth a third of country’s GDP; Adani biggest wealth gainer

by AIP Online Bureau | Mar 27, 2025 | Eco/Invest/Demography, Health, Indian News, Wealth Management/ Philanthropy

Gautam Adani, founder and chairman of the Adani Group The country is home to 284 billionaires whose cumulative wealth rose by 10 per cent to Rs 98 lakh crore, or a third of the country’s GDP, the report said. Interestingly, amid the concerns on concentration of wealth...

12% of sitting MPs of RS billionaires, highest percentage from AP, Telangana: ADR

by AIP Online Bureau | Aug 19, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The total assets of seven Members of Parliament (MPs) analysed from Telangana is Rs 5,596 crore, that of 11 MPs from Andhra Pradesh is Rs 3,823 crore, and 30 MPs analysed from Uttar Pradesh have total assets worth Rs 1,941 crore New Delhi: About 12 per cent of sitting...

Musk, Zuckerberg lead a $852 billion surge among world’s richest in first half of 2023

by AIP Online Bureau | Jul 4, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

The gains coincided with a broad stock market rally, as investors brushed off the effects of central bank interest rate hikes, the ongoing war in Ukraine and a crisis in regional banks. The S&P 500 rose 16% and the Nasdaq 100 surged 39% for its best-ever first...

Mukesh Ambani ranks 9th in Forbes World’s Billionaires List 2023, highest in Asia

by AIP Online Bureau | Apr 5, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

While Forbes’ global count of billionaires slipped from 2,668 last year to 2,640 in 2023, the tally in India improved from 166 in 2022 to 169 this year. Forbes noted that falling stocks, wounded unicorns and rising interest rates translated into a down year for...
Top billionaires lose $1.4 trillion in worst half ever

Top billionaires lose $1.4 trillion in worst half ever

by AIP Online Bureau | Jul 2, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Elon Musk, co-founder,Tesla Musk, Tesla’s co-founder, still has the biggest fortune on the planet, at $208.5 billion, while Amazon’s Bezos is second with a $129.6 billion net worth, according to the Bloomberg Billionaires Index Elon Musk’s fortune...
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