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Top 10 most valuable Indian family businesses in 2025: The Ambani family has topped the 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List for the second consecutive year, with a staggering valuation of Rs 28.2 lakh crore, roughly one-twelfth of India’s GDP.
In second place is the Bajaj family, which retained its last year’s spot with a total valuation of INR 8 lakh crore, up by Rs 89,990 crore.
Close behind is the Kumar Mangalam Birla with a total value of INR 6.5 lakh crore, up INR 1.1 lakh crore, with the Jindal family following next at the fourth position with a valuation of INR 5.7 lakh crore, up INR 1 lakh crore.
A notable new entrant to the top 10 is Anil Agarwal’s family, which climbed six spots and now values Rs 2.6 lakh crore.
In the first-generation business category, the Adani family remains in the lead at Rs 14 lakh crore, followed by the Poonawalla family of Serum Institute fame at Rs 2.3 lakh crore.
Among unlisted companies, the Haldiram’s family retains its position as the most valuable for the second year running, worth Rs 85,800 crore.
India’s top 300 family businesses generated Rs 7,820 crores every day last year, with their combined assets now standing at $1.6 trillion (Rs 137 lakh crore) in value, more than the GDP of Turkey and Finland combined.
| Rank | Family Name | Flagship Company | Value (INR, Cr) | Person Heading the Business |
| 1 | Ambani Family | Reliance Industries | 28,23,100 | Mukesh Ambani |
| 2 | Bajaj Family | Bajaj Group | 8,02,000 | Sanjiv Bajaj |
| 3 | Kumar Mangalam Birla Family | Aditya Birla Group | 6,47,700 | Kumar Mangalam Birla |
| 4 | Jindal Family | JSW Steel | 5,70,900 | Sajjan Jindal |
| 5 ↑ | Mahindra Family | Mahindra & Mahindra | 5,43,800 | Anand Mahindra |
| 6 ↓ | Nadar Family | HCL Technologies | 4,68,900 | Roshni Nadar Malhotra |
| 7 ↑ | Murugappa Family | Cholamandalam Investment & Finance Company | 2,92,400 | Vellayan Subbiah |
| 8 | Premji Family | Wipro | 2,78,600 | Rishad Premji |
| 9 * | Anil Agarwal Family | Hindustan Zinc | 2,55,000 | Anil Agarwal |
| 10 ↓ | Dani Family, Choksi Family & Vakil Family | Asian Paints | 2,20,900 | R Seshasayee ^ |
Source: 2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List
↑ Rank increase YoY
↓ Rank decrease YoY
– No Rank change YoY
New entrant
^ The person heading the business is not a family member
