New Delhi: The Bajaj Group, led by Niraj Bajaj and family, has emerged as the top wealth gainer in the 14th edition of the M3M Hurun India Rich List 2025. The family’s wealth has surged by Rs 69,875 crore to reach Rs 2.33 lakh crore, recording a sharp surge of 43 percent rise year-on-year. The surge attributed them to the sixth position among India’s richest families.
Following the Bajaj Group, Jay Chaudhry of Zscaler recorded the second-largest gain recording an increase in wealth by Rs 57,867 crore to reach Rs 1.46 lakh crore. The phenomenal surge was also observed in the wealth creation of Joy Alukkas, the jewellery magnate, recording a gain of Rs 46,491 crore, taking his wealth to Rs 88,430 crore, securing the third spot among top gainers.
Hurun India Rich List
Azim Premji and family of Wipro also registered notable growth, with their wealth rising 16 percent to Rs 2,21,250 crore. The notable growth made them the fourth-largest gainer and climb to the eighth richest position in the country.Meanwhile, Vikram Lal and family of Eicher Motors added Rs 27,325 crore, taking their total wealth to Rs 1.04 lakh crore.
Long-term wealth creation trends highlight extraordinary growth stories. Over the last five years, TS Kalyanaraman and family of Kalyan Jewellers recorded a 553 percent rise in their wealth, whereas Shivkishan Moolchand Agarwal and family of Haldiram Foods saw an impressive 739 percent jump. However, the standout is Jagadish Prasad Aluru and family of HBL Power Systems, which has achieved a staggering 1,374 percent increase, reflecting robust momentum in the industrial products sector.
In the category of India’s fastest wealth creators, Satish Kumar Gupta and family of Jakson Group led the pack with a 241 percent surge, taking their net worth to Rs 13,320 crore.
PW also features in Hurun Rich List
Emerging entrepreneurs Alakh Pandey and Prateek Maheshwari, co-founders of Physics Wallah, saw their fortunes climb 223 percent each to Rs 14,520 crore, underscoring the rise of India’s edtech sector. They were followed by Nirmal Kumar Bathwal of Penguin Trading & Agencies, whose wealth grew 213% to Rs 7,120 crore.
The list highlights not only legacy businesses such as Bajaj, Wipro, and Eicher Motors but also the rise of new-age entrepreneurs and regional champions, showcasing the diversification of India’s wealth creation story.