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Hurun Report India and 360 ONE Wealth unveiled the 2023 edition of ‘360 ONE Wealth Hurun India Rich List 2023’ – a compilation of the richest individuals in India having a wealth of INR 1,000 Cr or more. Hurun Report India and 360 ONE Wealth today launched a further analysis of the richest from Kerala in the 360 ONE Wealth Hurun India Rich List 2023. Wealth calculations are a snapshot of 31st August 2023.
The cumulative wealth of individuals in the Kerala list registered a 15% increase compared to last year. 5 from Thrissur and 4 from Ernakulam feature in the list as well.
Speaking about the India Rich List, Shaji Kumar Devakar, Executive Director, 360 ONE Wealth, said, “Kerala’s representation in the 360 ONE Wealth Hurun India Rich List 2023 is remarkable, with 30 individuals showcasing the state’s growing prominence in wealth creation. The cumulative wealth of INR 3,60,500 crore underlines the economic resilience of Kerala’s affluent. Notably, the surge in wealth and the dominance of key industries in this year’s list reiterate the state’s potential as an economic powerhouse.”
Commenting on the launch of the India Rich List, Anas Rahman Junaid, MD and Chief Researcher, Hurun India, said, “We are happy to announce Kerala Rich List, which offers a comprehensive perspective on the state’s rapidly growing wealth scenario. Kerala boasts 15 USD billionaires and witnesses substantial wealth expansion, exemplified by individuals such as Joy Alukkas and TS Kalyanaraman & family. This underscores the evolving economic landscape in Kerala. The noteworthy contributions of industries like Financial Services and Jewellery are evidently propelling this growth, solidifying Kerala’s pivotal role in India’s wealth landscape.”
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