Why has Indian billionaires wealth jumped up to 78% in 2025 despite market volatility?

Ashley Paul, Published on Jul 6th, 2025

Why has Indian billionaires wealth jumped up to 78% in 2025 despite market volatility?

Satyanarayan Nuwal recorded highest jump in net worth in 2025's first half among Indian billionaires, at 78%, owing to 81% jump in ammunition maker Solar Industries' stock, according to Bloomberg data. Sunil Mittal's wealth rose 27% as Airtel shares rose on strong subscriber additions while Lakshmi Mittal's wealth rose 26% as ArcellorMittal's stock jumped 20%. Mukesh Ambani's wealth rose 22%.

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