Ambani Leads 2025 Wealth Gains in India as Reliance Rally Lifts Fortune

Overview

• Mukesh Ambani was the biggest wealth gainer of 2025 in India, adding about $16.5 billion, according to the Bloomberg Billionaires Index.
• Reliance Industries shares rose nearly 30% this year on stronger refining margins, higher telecom tariffs, resilient retail performance and value‑unlocking triggers.
• Gautam Adani increased his net worth by roughly $5.9 billion to about $84 billion after SEBI gave the Adani Group a clean chit in the Hindenburg matter, and he remains India’s No. 2 by wealth.
• Lakshmi Mittal gained nearly $12 billion to reach about $31 billion, Sunil Mittal added around $6 billion to $29 billion as Airtel rose 31% with an 89% Q2 profit jump, and Uday Kotak added more than $2 billion to roughly $16 billion.
• Notable declines included Shiv Nadar (down about $4 billion), Azim Premji (down about $3 billion), K P Singh (down about $3.38 billion) and Dilip Shanghvi (down over $4 billion), reflecting weaker IT, real estate and pharma shares tracked by Bloomberg’s index.