The Hurun Rich List 2025 has named Gopichand Hinduja and family as the world’s wealthiest non-resident Indians (NRIs), highlighting the growing global influence of Indian-origin business magnates.
The London-based tycoon, who heads the Hinduja Group, leads with a net worth of $22.2 billion (INR 1.85 trillion), reflecting the conglomerate’s reach across banking, energy, and media sectors.
Following closely is steel magnate L.N. Mittal and family, also based in London, with a fortune of $21 billion (INR 1.75 trillion) through ArcelorMittal, the world’s second-largest steelmaker. The rankings underscore London’s continued role as a financial hub for Indian-origin billionaires.
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Indian American cybersecurity entrepreneur Jay Chaudhry, founder of Zscaler, surged to third place from fifth last year, amassing $17.6 billion (INR 1.46 trillion). His ascent underscores how the tech boom continues to fuel wealth creation among the Indian diaspora.
Anil Agarwal of Vedanta Resources and Shapoor Pallonji Mistry and family of Shapoorji Pallonji Group are valued at $10.7 billion (INR 886.5 billion) and $13.4 billion (INR 1.11 trillion), respectively, sharing the fourth position.
Sri Prakash Lohia of Indorama Ventures, headquartered in London, ranks sixth with $10.5 billion (INR 877 billion). At seventh, Vivek Chaand Sehgal and family hold $6.8 billion (INR 570 billion) through Samvardhana Motherson International, a global automotive components leader based in Melbourne.
A notable debut comes from Jayshree Ullal, CEO of Arista Networks, who enters the list at eighth with $6 billion (INR 501.7 billion). Ullal becomes not only the wealthiest Indian-origin professional executive but also India’s richest woman entrepreneur abroad—a milestone that spotlights the rising influence of women in global tech leadership.
Rounding out the list are Yusuff Ali M.A., founder of Abu Dhabi’s Lulu Group, at ninth with $5.5 billion (INR 463 billion), and Rakesh Gangwal of InterGlobe Aviation (IndiGo) at tenth with $5.1 billion (INR 427.9 billion), based in Miami.
According to the Hurun report, there are 101 NRI billionaires worldwide, with the United States hosting 48, followed by 22 in the United Arab Emirates. The United Kingdom houses 16, while Cyprus and Singapore each have three, and Canada and China have two each. The dispersion reflects a trend of wealth migration driven by financial incentives, education access, and political stability.
The 2025 report reveals that NRIs now constitute 13 percent of India’s total 813 billionaires, up significantly from previous years. Analysts say this reflects a new phase of global mobility and cross-border entrepreneurship, with rising diversification into artificial intelligence, renewable energy, and e-commerce.
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