Satya Nadella Leads HSBC Hurun Global Indians List 2024, Pichai Next

Sandeep Batra, Head, International Wealth and Premier Banking, HSBC India (left) and Anas Rahman Junaid, Founder  Chief Researcher, Hurun India at the release of the HSBC Hurun Global Indians List 2024

Mumbai, January 21, 2025: Microsoft CEO Satya Nadella took the top spot in the inaugural edition of the HSBC Hurun Global Indians List 2024, with Aphabet CEO SundarPichai taking second spot, and Neal Mohan of YouTube third. The cumulative value of the companies led by global Indians in the HSBC Hurun Global Indians List 2024 stands at $10 trillion.
The ‘HSBC Hurun Global Indians List 2024’, ranks the 200 most valuable companies in the world led by Indian-origin leaders. Companies were ranked according to their value, defined as market capitalisation for listed companies and valuations for non-listed companies. The cut-off date used was 29th November 2024. This is the inaugural edition of the list.

The objective of the list is to highlight the role played by the Indian diaspora in the global economic landscape. The list includes 226 CEOs, managing directors, and founders from 200 companies, all based outside of India.
San Francisco tops the list of preferred cities with 37 individuals from the HSBC Hurun Global Indians List 2024, which has a cut-off of $1 billion. Software & Services and Financial Services lead, accounting for half of the entrants. The average age of the 226 individuals is 56 years.

Other Highlights of the HSBC Hurun Global Indians List 2024

• Leena Nair, Global CEO of Chanel, was acknowledged as the most influential woman of indian origin.
• San Francisco has the highest number of entrants in the HSBC Hurun Global Indians List 2024, with 37 individuals residing in the city. In the UK, London accounts for the largest group with 8 entrants, while Dubai leads the Middle East with 6 residents on the list.
• 27-year-old Tanay Tandon, co-founder and CEO of Commure, is the youngest in the HSBC Hurun Global Indians List 2024.
• The top 10 account for nearly 73 per cent of people of the total value on the list.
• The HSBC Hurun Global Indians List 2024 also features names from the 2024 Hurun India Rich List, which includes 101 NRIs, 79 per cent self-made. L.N. Mittal & family tops the Hurun India Rich List with ₹184,500 crore, followed by Gopichand Hinduja & Family at ₹178,600 crore.
• 57 per cent of leaders in the HSBC Hurun Global Indians List 2024 are first-generation entrepreneurs, with professionals and inheritors making up the rest.
• Dominating the HSBC Hurun Global Indians List 2024, software and services emerge as the largest industry with an impressive 87 entrants, followed by financial services with 24 representatives and healthcare, contributing 21 notable figures.
• 79 per cent of the entrants reside in the USA, followed by the UK with five per cent and UAE with four per cent.
• 62 per cent of HSBC Hurun Global Indians began their undergraduate studies in india, while 77 per cent pursue postgraduate degrees in the USA.
• IIT Madras leads as the top undergraduate alma mater with 14 entrants, while Stanford University dominates postgraduate choices with 20 global leaders.
• The HSBC Hurun Global Indians List 2024 features 12 women.
• Sundar Pichai leads with 5.4 million followers on social media, followed by Satya Nadella at 3.2 million and Naval Ravikant with 2.6 million among HSBC Hurun Global Indian Leaders.

Commenting on the launch of the HSBC Hurun Global Indians List 2024, Anas Rahman Junaid, Founder and Chief Researcher, Hurun India stated, “The HSBC Hurun Global Indians List 2024 highlights the significant achievements of leaders of Indian origin who are at the helm of some of the world’s most valuable companies. This list ensures that their legacies are preserved to inspire future generations, while also emphasizing the vital role of HSBC Hurun Global Indians List 2024 in advancing global progress and innovation.

“The HSBC Hurun Global Indians List 2024 highlights that 62 per cent of leaders studied in India, with almost quarter of the list graduating from the IITs- underscoring the importance of quality Indian education in shaping global business leaders.

“At the heart of technological innovation, the HSBC Hurun Global Indians List 2024 highlights 93 companies rooted in artificial intelligence, led by Indian-origin leaders. Visionaries including Satya Nadella and Sundar Pichai exemplify how the Indian diaspora is shaping the future of intelligent technology. Their leadership underscores the pivotal role HSBC Hurun Global Indians List 2024 play in advancing cutting-edge technologies, and driving the next wave of global innovation.”

“Companies led by the Indian diaspora, as highlighted in the HSBC Hurun Global Indians List 2024, touch the lives of over 4 billion people daily—from the search results they rely on through Google to the videos they stream on YouTube, the collaboration they foster with Microsoft Teams, and the conversations they power through ChatGPT. This unparalleled reach showcases the transformative global impact of Indian-origin leadership in shaping the digital future.

“Nearly 73 global unicorns have been founded by the Indian diaspora, as highlighted in the HSBC Hurun Global Indians List 2024. This remarkable achievement underscores the entrepreneurial spirit and innovative leadership of Indian-origin founders, who continue to redefine industries and drive the global startup ecosystem forward.

“Women leaders from HSBC Hurun Global Indians List 2024 is equally inspiring too! Neha Narkhede (Confluent), Anjali Sud (Tubi), Yamini Rangan (HubSpot), Leena Nair (Chanel), and Revathi Advaithi (Flex), collectively oversee companies with a cumulative value of $436 billion—greater than the GDP of Malaysia. “

“The HSBC Hurun Global Indians List 2024 celebrates diversity, featuring entrepreneurs from Tamil Nadu, Punjab, Maharashtra, Kerala, and beyond, currently based in global hubs like the USA, UK, UAE, and Singapore. Spanning generations from 27-year-old Tanay Tandon to 84-year-old Gopichand Hinduja, the list includes 57 per cent first-generation entrepreneurs, 41 per cent professionals, 2 per cent inheritors, and 12 women leaders, showcasing a vibrant blend of regional roots, global presence, and leadership.

“Hurun India is proud to partner with HSBC for the Global Indians list, a collaboration that highlights the importance of India’s diaspora in driving global wealth and influence.”

Sandeep Batra, Head, International Wealth and Premier Banking, HSBC India, said: “As we unveil the inaugural ‘HSBC Hurun Global Indians List 2024’, we are proud to celebrate the remarkable achievements of Indian-origin leaders who are steering some of the world’s most valuable companies. This list not only recognizes the entrepreneurial spirit and business acumen of the Indian diaspora but also underscores the significant impact they have on the global economic stage. HSBC is committed to acknowledging excellence and innovation across industries, and we believe that the insights from this list will inspire future generations of leaders. We are excited to see how these trailblazers continue to shape the future of business and drive economic growth worldwide.”