*Hyderabad, August 29* — Hyderabad has secured the third position on the 2024 Hurun India Rich List, marking a significant rise in its status as a major hub for billionaires. With 104 individuals featured on the list, Hyderabad has surpassed Bengaluru for the first time, coming after Mumbai and New Delhi, which top the list with 386 and 217 billionaires, respectively.Telangana also achieved notable recognition, ranking fifth among Indian states for the number of billionaires, reflecting its growing economic influence.**Key Highlights from Hyderabad:**- **Murali Divi** and his family, founders of Divi’s Laboratories, are ranked fourth among pharmaceutical industrialists in India with a net worth of ₹76,100 crore. Divi stands at 26th on the national list and is the wealthiest individual from Hyderabad.- **C. Venkateswar Reddy** of Aparna Constructions is listed among the top ten biggest gainers in wealth growth for 2024.- **S. Subramanian Reddy**, also from Aparna Constructions, is recognized among the top ten biggest gainers in wealth growth over the past five years.- **Ponguleti Harsha Reddy**, at just 30 years old and son of Congress Minister Ponguleti Srinivas Reddy, is one of Hyderabad’s youngest billionaires with a wealth of ₹1,300 crore.- **P. Pichi Reddy** of Megha Engineering (MEIL) is noted as the richest individual in the construction and engineering sector, with a wealth of ₹54,800 crore.**Other Notable Names from Hyderabad:**- **P.V. Krishna Reddy** of MEIL (₹52,700 crore)- **G.M. Rao** of GMR Group (₹36,300 crore)- **P.V. Ramprasad Reddy** of Aurobindo Pharma (₹35,100 crore)- **Bandi Prasad Reddy** of Hetero (₹29,900 crore)- **Prathap Reddy** of Apollo Hospitals (₹28,400 crore)In a recent development, **Nilima Prasad Divi**, daughter of Murali Divi, has made headlines with her purchase of two properties in Hyderabad valued at a total of ₹80 crore.While Mumbai continues to lead with 66 new entrants this year, and New Delhi maintains its second-place position, Hyderabad’s ascent underscores the city’s growing prominence as a center of wealth and economic activity.