Hurun India Rich List 2015 Is Out; Four New Members from E-Commerce

BANGALORE: Indian e-commerce industry is proving yet again as the fastest growing industry in the country by featuring four new entrants to the Hurun India Rich List 2015. The list consist 296 names and the cut out wealth amount for this year was 16 billion, two billion less than of last year. The wealth of the existing members from the e-commerce industry has hiked up to a 48 percent in the past year whereas the year was not so good for real estate and energy sectors, reports rediff.com

Vijay Sharma the CEO of one communications who runs digital wallet service PayTM is named as one of the new entry to the list with a wealth of 28.24 billion. Another entry is of OLA cab founders Ankit Bhati and Bhavish Agarwal with an estimated wealth of 23.85 billion. Online portal Snapdeal promoter Kunal Bhal also made it to the list of Indian millionaires with an estimated wealth of $23.14 billion. Snapdeal achieved the feet after the investments of $500 million by Alibaba and Foxconn in the early August.

Anas Rahman Junaid the head of Hurun Report India stated that “Despite a weakness in the stock market and the rupee, the Hurun India Rich List has added 76 entrepreneurs, showing the resilience and dynamism of India’s private sector,” The industries like fast moving consumer goods (FMCG), manufacturing, mobile phone manufacturing and technology added more number of wealthy people in the list.

Over the number of billionaires in India has gone up with 124 as compared with the 109 in the previous year. The list is topped by Mukesh Ambani of reliance group with an estimated wealth of 1,609.51 billion. Sun Pharma owner Dilip Shanghvi is the second-richest billionaire in the country followed by the Hinduja family at number three.

Read More: 5 Leadership Secrets of Successful People Unfolded
6 Most Luxurious Homes Of India's Top Corporate Honchos