Money isn’t just about how much you earn—it’s about how you manage, grow, and protect it. The wealthiest people in India didn’t become rich overnight. They followed disciplined financial habits that helped them build and sustain their fortunes.
So, what do India’s richest people do differently? Let’s dive into the five financial habits they swear by. You might just find the key to unlocking your own financial success!
1. They Invest Early and Consistently
Imagine two friends, Rohan and Amit. Rohan starts investing Rs. 5,000 per month at age 25, while Amit waits until 35 to start with the same amount. Even though Amit invests for the same number of years, Rohan ends up with nearly double the wealth by retirement.
This is the power of compounding. The richest Indians, from Mukesh Ambani to Radhakishan Damani, know that money grows exponentially when invested wisely. They don’t wait for the “perfect time”—they start early and keep going.
How You Can Do It:
- Start SIPs (Systematic Investment Plans) in mutual funds
- Diversify with stocks, bonds, and real estate
- Invest consistently, regardless of market ups and downs
2. They Spend Less Than They Earn
It sounds simple, yet most people struggle with this. High earners can still be broke if they spend recklessly. The ultra-rich maintain a lifestyle that allows them to save and invest a significant portion of their income.
Take Narayana Murthy, the co-founder of Infosys. Despite being one of India’s richest individuals, he is known for his simple lifestyle. Wealthy people prioritize long-term financial security over short-term luxuries.
How You Can Do It:
- Follow the 50-30-20 rule: 50% for necessities, 30% for wants, 20% for savings/investments
- Track your expenses and eliminate wasteful spending
- Increase income without proportionally increasing expenses
3. They Take Calculated Risks
The richest Indians are not afraid of taking risks, but they do it wisely. They research, plan, and only take risks that have a high probability of reward.
Dhirubhai Ambani, the founder of Reliance Industries, didn’t come from wealth. He took calculated business risks, ventured into new industries, and created an empire. But he didn’t do it blindly—he studied the market, understood the demand, and executed strategically.
How You Can Do It:
- Educate yourself before making big financial moves
- Take risks in areas you understand
- Avoid emotional decision-making and always have a backup plan
4. They Never Stop Learning About Money
Financial education doesn’t stop once you get a job or start earning. The wealthiest Indians read, learn, and stay updated on financial trends. Whether it’s stock market trends, taxation policies, or new investment opportunities, they keep their knowledge sharp.
Rakesh Jhunjhunwala, often called India’s Warren Buffett, was an avid reader of financial reports and company valuations. His deep knowledge helped him make billions in the stock market.
How You Can Do It:
- Read books like The Intelligent Investor or Rich Dad Poor Dad
- Follow financial news and investment blogs
- Take online courses on personal finance and investing
5. They Build Multiple Income Streams
Reliance on a single source of income is risky. The richest Indians create multiple income streams through investments, businesses, and side ventures.
For instance, Virat Kohli isn’t just a cricketer. He has brand endorsements, businesses, and investments that ensure his wealth keeps growing beyond his playing career.
How You Can Do It:
- Start a side hustle or freelance gig
- Invest in rental properties for passive income
- Explore dividend-paying stocks and businesses
Final Thoughts: Are You Ready to Build Wealth?
You don’t need to be a billionaire to follow these habits. The key is consistency, patience, and smart decision-making.
Which of these habits will you start implementing today? Let us know in the comments!
