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End of an Era? Ambani and Adani out of the Hurun’s Top 10

 

Roshni Nadar Malhotra is an Indian businesswoman and philanthropist and the chairperson of HCL Technologies. She is the first woman to lead a listed IT company in India. She’s ranked third in India and ninth in the world after her father, Shiv Nadar, gifted a 47 percent stake to her. She is worth ₹3.5 trillion and the first Indian woman to feature in the top 10 among female billionaires in the world, according to the Hurun Global Rich List 2025.

 

Nadar’s Early Life

 

Roshni Nadar Malhotra was born in 1981 in Delhi. She is the daughter of philanthropist Kiran Nadar and Shiv Nadar, the founder of HCL.

She has a Bachelor of Science degree in communication from Northwestern University and an MBA from the Kellogg School of Management. She is also a member of a number of advisory boards, including the MIT School of Engineering Dean's Advisory Council and the US-India Strategic Partnership Forum.

Roshni has also been awarded various awards in business and philanthropy. In 2017, she was given Vogue India's Philanthropist of the Year. She was #60 on Forbes' World's 100 Most Powerful Women in 2023 and #72 on Fortune's Most Powerful Women.

Apart from her professional achievements, Roshni is also a classically trained musician. She has been married to Shikhar Malhotra, vice chairman of HCL Healthcare, since 2010 and has two sons.

 

Ambani and Adani no longer in the Top 10

 

Industrialist Mukesh Ambani dropped out of the top 10 richest because his wealth decreased by Rs 1 lakh crore from the previous year when his debt burden grew, said the new Hurun Global Rich List 2025. Despite growing losses, Ambani remained Asia's richest person.

Adani follows suit by becoming India's biggest absolute wealth gain on the Hurun Global Rich List 2025, as his net worth increased by a staggering Rs 1 lakh crore.

Adani built his fortune after starting as a commodities trader. Before the Hindenburg report, Adani, who never stepped into the classroom in high school, was Asia's richest man with interests as varied as ports, power plants, and airports to mines, renewables, media, and cement.