Mukesh Ambani Earned Rs. 300 Crore Per Day Last Year

India’s richest person Mukesh Ambani earned a whopping Rs 300 crore per day over the past one year, according to a report by Barclays-Hurun India Rich List 2018.

The 61-year-old Reliance Industries Chairman, worth Rs. 3,71,000 crore, has more money than the combined wealth of the next three persons on the list: SP Hinduja & Family, LN Mittal & Family, and Azim Premji.

Barclays Hurun India Rich List is a compilation of the richest individuals in India having a net worth of Rs 1,000 crore or more. The number of individuals featured in the 2018 list increased by a third to 831 from 617 in 2017. 

The financial capital, which presents stark contrasts like housing the largest slums in the continent as also costliest mansions like Ambani’s Antilla, has the highest number of contributors to the rich list, with 233 individuals, followed by 163 in the national Capital and 70 in Bengaluru.

According to the report, India is going through one of the most interesting periods in wealth creation. Despite rupee depreciation and rising crude oil prices, wealth creation rate in India is at an all-time high. 

Anas Rahman Junaid, managing director and chief researcher at Hurun India says the country is the fastest growing when it comes to people entering the rich list.