Top Indian Family Businesses Worth Billions
Ambani Family Leads the Pack
Mukesh Ambani and his family have been crowned the wealthiest in India, according to the 2024 Barclays Private Clients Hurun India Most Valuable Family Businesses List. Their Reliance Industries Limited is valued at a staggering $309 billion, making it one of the most valuable family-owned businesses in the country.
Wealth of Top 10 Family Businesses
The top ten families on the list have collectively amassed a net worth of Rs 6,009,100 crore. This remarkable wealth is a testament to the strength and resilience of family-led enterprises in India’s business landscape.
Top 10 Most Valuable Family Businesses:
- Ambani family
- Bajaj family
- Kumar Mangalam Birla Family
- Jindal family
- Nadar family
- Mahindra family
- Dani family, Choksi family and Vakil family
- Premji family
- Rajeev Singh Family
- Murugappa Family
Other Notable Findings:
15 of the listed companies are led by accomplished women.
53 companies have professional CEOs, indicating a shift towards professional management within family-owned enterprises.
* 85% of the companies deal primarily in physical products, showcasing the dominance of the manufacturing sector.