India's Gautam Adani Beaten by Shah Rukh Khan to Grab the 4th Richest Spot in the Country

India's Hurun Rich List 2023

Gautam Adani Loses Out to Shah Rukh Khan on Hurun List

In a surprising turn of events, Bollywood superstar Shah Rukh Khan has surpassed Gautam Adani, Chairman of the Adani Group, to become the fourth richest person in India, according to the 2023 Hurun India Rich List. The Hurun Report, a leading research firm that tracks the wealth of the world's billionaires, released its annual list of India's wealthiest individuals on March 16, 2023.

Adani, who has been riding a wave of success in recent years, saw his net worth decline significantly in 2023 due to a sharp fall in the share prices of his companies. Khan, on the other hand, has seen his wealth grow steadily over the past year, thanks to the success of his films and his various business ventures.

With a net worth of approximately Rs 7,900 crore, Khan now ranks fourth on the Hurun India Rich List, just behind Mukesh Ambani, Gautam Adani, and Cyrus Poonawalla. Ambani, the Chairman of Reliance Industries, remains India's richest man with a net worth of Rs 13,30,000 crore.

Adani, who was once considered the second richest person in India, has now slipped to the fifth position on the list. His net worth has fallen by nearly Rs 1,00,000 crore since last year, primarily due to a sharp decline in the share prices of his flagship company, Adani Enterprises.

The rise of Shah Rukh Khan on the Hurun Rich List is a testament to his enduring popularity and his savvy business acumen. Khan, who has been a Bollywood icon for over three decades, has diversified his portfolio in recent years, investing in real estate, sports, and technology startups.

The Hurun India Rich List is a comprehensive ranking of the wealthiest individuals in India. The list is based on the net worth of individuals as of December 31, 2022, and includes individuals who are Indian citizens or have made their fortune in India.