Business/Alive News: Alphabet CEO Sundar Pichai has secured the top position among Indian-origin business leaders in the HSBC Hurun Global Indians List 2026, overtaking Microsoft CEO Satya Nadella. Alphabet, Google’s parent company, has a valuation of $4.2 trillion. Nadella ranked second, while Micron Technology CEO Sanjay Mehrotra secured the third position.
The 2026 list features 236 Indian-origin business leaders heading 200 companies based outside India. Together, these companies have a combined valuation of $15 trillion, up 53% from $9.9 trillion in the first edition released in 2024.
According to the report, these companies employ around 5.3 million people worldwide and generated $2.5 trillion in revenue in 2025. Their combined net profit stood at $416 billion.
Alphabet’s valuation sees major growth
Alphabet’s valuation has nearly doubled, recording a 98% increase since 2024. In comparison, Microsoft’s valuation declined by 17%, helping Alphabet move ahead in the rankings.
Micron Technology recorded the biggest growth among the leading companies, with its valuation rising 1,174% to $1.4 trillion. The increase was driven by growing demand for memory chips used in artificial intelligence infrastructure.
YouTube CEO Neal Mohan and Google Cloud CEO Thomas Kurian completed the top five positions.
The report also highlights the concentration of business value among a few companies. The top five companies account for $9.1 trillion, or 61% of the total valuation, while the top 10 account for nearly 70%.
