Shah Rukh Khan Debuts on Hurun Rich List as Bollywood’s Box Office King, While Gautam Adani Soars to the Top
Superstar Shah Rukh Khan has made a sensational debut on the 2024 Hurun India Rich List, boasting an impressive net worth of Rs 7,300 crore. This marks his first appearance on this prestigious list, where he has already outshined many of his peers.
Khan’s wealth is not just the result of his celebrated acting career and numerous brand endorsements. A significant portion comes from his production company, Red Chillies Entertainment, and his substantial stake in the Kolkata Knight Riders (KKR), the IPL team he co-owns with Juhi Chawla and her husband, Jay Mehta, under the Knight Riders Group. KKR’s triumph in lifting the IPL trophy this year, their third victory since the tournament’s start, has further boosted Khan’s financial profile.
His financial surge coincides with a remarkable resurgence in Bollywood, spearheaded by his recent blockbuster hits. After a challenging period following the underwhelming performance of “Zero,” Khan made a dramatic comeback with “Pathaan,” which not only shattered records but also set new benchmarks, grossing Rs 543.09 crore in India and Rs 1,055 crore globally. The success of “Pathaan” was soon surpassed by his next film, “Jawan,” which amassed Rs 640.25 crore domestically and Rs 1,160 crore worldwide. His latest release, “Dunki,” directed by Rajkumar Hirani, added another Rs 227 crore in India and Rs 454 crore globally to his box office tally.
Khan’s remarkable wealth has put him ahead of other Bollywood heavyweights on the Hurun India Rich List. He has surpassed Juhi Chawla and her family (Rs 4,600 crore), Hrithik Roshan (Rs 2,000 crore), Amitabh Bachchan and family (Rs 1,600 crore), and Karan Johar (Rs 1,400 crore).
In addition, Khan has clinched a spot in Forbes’ Top 10 Highest Paid Actors in India for 2024. With fees ranging between Rs 150-250 crore per film, he tops a list that includes Rajinikanth (Rs 115-270 crore), Vijay (Rs 130-250 crore), and Aamir Khan (Rs 100-275 crore). This places him at the top of the list, showcasing his financial dominance in the Indian film industry.
Meanwhile, Gautam Adani and his family have soared to the top of the 2024 Hurun India Rich List, with a staggering net worth of ₹ 11.6 lakh crore, surpassing Mukesh Ambani. Just four years ago, Adani was in fourth place. His wealth has surged by an astonishing 95% over the past year, a remarkable recovery following the scrutiny from the Hindenburg report, which alleged financial irregularities in some of Adani’s companies, causing a temporary dip in his wealth.
The Hurun Rich List notes, “Rising like a phoenix after the Hindenburg allegations, Gautam Adani (62) & family has secured the top spot with a 95% increase in wealth compared to last year, totaling INR 1,161,800 Cr. As a self-made entrepreneur, Adani has recorded the highest wealth growth within the top 10 over the past five years, despite the challenges posed by the report.”
All of Adani Group’s companies have seen a significant boost in share prices over the past year. For instance, Adani Ports, a leading port operator in India, experienced a 98% increase, driven by improved utilization and new acquisitions. Energy-focused companies within the Adani Group, such as Adani Energy, Adani Gas, Adani Transmission, and Adani Power, which are involved in power generation, transmission, and distribution, and gas distribution, averaged a 76% growth. The lifting of restrictions by MSCI on Adani Group securities in August 2024 reflects a stabilizing outlook, contributing to the impressive wealth reported.
Mukesh Ambani, with a net worth of ₹ 10.14 lakh crore, holds second on the list. The wealth figures are based on a July 31, 2024 snapshot.