- Sundar Pichai tops HSBC Hurun Global Indians List 2026 with Alphabet valued at $4.2 trillion
- Satya Nadella ranks second, and Sanjay Mehrotra is third on the list of Indian-origin leaders
- 236 Indian-origin leaders head 200 companies valued at $15 trillion, a 53% rise since 2024
Alphabet CEO Sundar Pichai has emerged as the most influential Indian-origin business leader on the HSBC Hurun Global Indians List 2026, with his company valued at $4.2 trillion. Microsoft chief Satya Nadella secured the second position, while Micron Technology CEO Sanjay Mehrotra ranked third.
The latest edition features 236 Indian-origin leaders heading 200 companies headquartered outside India. Together, these businesses carry a valuation of $15 trillion, marking a 53% jump from $9.9 trillion in the inaugural 2024 edition.
Their combined scale extends beyond market capitalisation. The companies employ approximately 5.3 million people worldwide and generated $2.5 trillion in revenue during 2025. Their aggregate net profit reached $416 billion.
Alphabet overtakes Microsoft as valuations shift
Alphabet's valuation nearly doubled, rising 98% since 2024. Microsoft, meanwhile, recorded a 17% decline, allowing Alphabet to take the top spot among companies led by global Indian executives.
Micron posted an even sharper increase. Its valuation surged 1,174% to $1.4 trillion, reflecting strong demand for memory chips used in AI infrastructure. YouTube CEO Neal Mohan and Google Cloud CEO Thomas Kurian completed the top five.
The concentration of wealth is striking. The five largest companies are valued at $9.1 trillion, accounting for 61% of the total. The top 10 represent nearly 70%.
(This is a developing story)
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