Wealth of Indian Billionaires Exceeds GDP of Major Oil-Rich Nation

New Delhi, March 27, 2025 — The combined net worth of India’s billionaires has now surpassed the entire Gross Domestic Product (GDP) of some of the world’s wealthiest oil-producing countries, according to recent financial estimates.

As per data compiled from global wealth trackers and economic reports, the total fortune of India’s richest individuals — including industrialists, technology tycoons, and business magnates — has crossed the $950 billion mark. This figure exceeds the GDP of oil-rich nations such as Saudi Arabia, which reported a GDP of approximately $833 billion in the last financial year.

The wealth accumulation is largely driven by booming stock markets, a thriving digital economy, and sustained growth in sectors like infrastructure, energy, and technology in India. Mukesh Ambani, Gautam Adani, Shiv Nadar, Cyrus Poonawalla, and other leading business figures make up a significant portion of this combined wealth.

Economic analysts note that while the rising wealth of billionaires is a marker of India’s growing economic influence, it also highlights the widening gap between the country’s richest and its broader population, where income inequality continues to be a pressing issue.

India is currently home to over 150 billionaires, making it one of the top five countries globally in terms of billionaire population.

The comparison with oil-rich economies underlines the scale of wealth concentration in India’s private sector, signaling both economic potential and socio-economic challenges ahead.