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India's Dollar Billionaires - A Study by Fortune and Waterfield Advisors

Fortune India & Waterfield Advisors

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14 September 2022

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India's progress in its 75 years as an independent nation has been marked by the steady growth of the coveted dollar billionaire club. Today, this club is equivalent to 26.67% of India's $3.1 trillion economy. This fascinating story of wealth calls for a deeper study of this unique community that has traditionally been dominated by family businesses but has lately welcomed the country's new-age entrepreneurs.

To gauge the pulse of India's bustling wealth factory, Waterfield Advisors and Fortune have come together to create our maiden Rich List - a comprehensive ranking of India's richest citizens, on the basis of the wealth they possess. Featuring 142 domiciled billionaires who are collectively worth $832 billion, this list doesn't just reveal the ranking but offers a plethora of insights into the country's billionaire story.

"When I started my entrepreneurial journey as a wealth advisor a decade ago, there were precisely 69 billionaires in the country. A doubling of this number in 10 ye…

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