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Top 10 richest states in India: Check out where the largest number of high net worth individuals live
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Top 10 richest states in India: Check out where the largest number of high net worth individuals live

Hurun India Rich List 2024 highlights the state-wise distribution of the country’s richest people. net worth. The list has seen significant growth in several states since 2020, reflecting increased economic activity and wealth creation in these regions.

States with notable inflows include Haryana (40), Uttar Pradesh (36) and Rajasthan (28), all of which witnessed sharp increases over 2020. New entrants such as Madhya Pradesh (14), Odisha (5), Chandigarh (5), Jharkhand (3) and Uttarakhand (3) point to wealth creation extending beyond traditional economic centres.

karnataka Driven by Bengaluru’s thriving IT and start-up sectors, the number of applications increased from 72 in 2020 to 108, ranking it sixth. West Bengal also recorded significant growth with 70 entries in 2024 compared to 32 entries in 2020, highlighting Kolkata’s expanding business environment.

Tamil Nadu follows closely with 119 entries, up from 65 in 2020, showcasing the state’s strong manufacturing base and diversified economy. Meanwhile, Telangana’s inflows will double from 54 in 2020 to 109 in 2024, reflecting Hyderabad’s emergence as a technology and innovation hub.

Gujarat ranks third in the country with 129 affluent residents, compared to 60 affluent residents in 2020. Known for its thriving industries in sectors such as diamonds, pharmaceuticals and chemicals, Gujarat is famous for feeding some of India’s richest families.

Delhi comes in second with 213 entries, a significant increase from 128 in 2020. This increase underscores Delhi’s attractiveness as a major business hub and political capital, attracting high net worth individuals and supporting entrepreneurial growth.

Maharashtra is on top

maharashtra The number of registrations, which was 248 in 2020, increased to 470 in 2024 and remains at the top. The state has consistently been home to the highest number of wealthy individuals, largely due to the strong business environment in Mumbai, known as the financial capital of India.

This distribution reflects broader economic development across India; wealth is increasingly spreading across various states rather than being concentrated solely in traditional financial centers. However, interestingly, the top 3 names remained the same compared to 2020.