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The Ambani Family Net Worth Reaches 10% of India’s GDP

The Ambani Family Net Worth Reaches 10% of India’s GDP

The Ambani family has taken a remarkable position in India’s financial prospect. According to the 2024 Barclays-Hurun India report, the Ambani Family Net Worth is now almost 10% of the country’s Gross Domestic Product (GDP). This is a huge amount and the Ambanis have topped the list of the most valuable family businesses in India with a net worth of ₹25.75 trillion which reflects their dominance in key industries.

The Power of Reliance

The Ambani Family Net Worth includes their stakes in Reliance Industries, Jio Platforms and Reliance Retail. These businesses are giants in the energy, telecom and retail sectors. The valuation does not include private investments and liquid assets therefore this ensures that the calculation is accurate and does not overstate their wealth. The Ambanis’ financial influence is evident from the size of their holdings.

Other Family Businesses in the Race

Following the Ambanis is the Bajaj family and their net worth stands at ₹7.13 trillion. The Bajaj family’s fortune comes from their Pune-based automobile business. The third position is held by the Birla family with a net worth of ₹5.39 trillion. They are involved in various sectors including metals and financial services. The top three family businesses, including the Ambani Family Net Worth collectively are worth $460 billion which equals the GDP of Singapore.

The report also highlights the rise of first-generation family businesses. The Adani family leads this category with a net worth of ₹15.44 trillion. They are followed by the Poonawalla family who own Serum Institute of India valued at ₹2.37 trillion. The Divi family comes third with a net worth of ₹91,200 crore.

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Impact on India’s Economy

These family-run businesses are playing a key role in strengthening India’s economy. The Ambani Family Net Worth being 10% of India’s GDP shows the immense contribution they make. These businesses are not only successful in their fields but also essential for the country’s economic growth. They help in making India more competitive on the global stage.

The Future of Family Businesses

As the Ambani family continues to grow, so does their impact on the country. Their wealth which forms a huge part of the nation’s GDP tells their importance in the business world. The Ambani Family Net Worth is a clear indicator of how family-run businesses are improving the future of India’s economy.

Also Read: The Ambani Family Net Worth Reaches 10% of India’s GDP

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I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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