Indian-American businessman Ankur Jain has emerged as one of the biggest wealth gainers in New York, according to Hurun Global Rich List 2026. The report shows that Jain, 36,’s net worth increased 217 percent last year, driven largely by the growth of his new real estate company that focuses on tackling high rents in the United States.As of March 6, 2026, his real-time net worth is estimated at $3.4 billion, ranking him 1,230th on the global rich list, according to Forbes.Jain is the founder and CEO of Bilt Rewards, a company that allows renters to earn loyalty points on their monthly rent payments. The idea points to a long-standing gap in the American housing market where rent, often the largest monthly expense for many households, typically does not offer the same financial rewards as credit card purchases.The company partners with landlords and landlords to allow renters to pay rent while earning points that can be used for travel, shopping, and even home purchases. The concept quickly gained traction in major U.S. cities, where high rents and large numbers of tenants have created a large market for such services.The Hurun Global Rich List 2026 highlighted Jain as one of the fastest-growing billionaires in New York after the sharp rise in Bilt Rewards valuation. The growth saw his wealth increase significantly within a year and placed him among notable new wealth creators in the technology and fintech sectors.Jain’s journey in the startup world began long before Bilt Rewards. He founded Kairos, a venture studio that helps launch and back startups focused on solving big social and economic problems. Through Kairos, Jain has worked on various projects related to housing, healthcare and technology.The idea behind Bilt Rewards came from Jain’s observation of the financial pressure renters face in cities across the United States. In markets like New York, San Francisco and Los Angeles, rents have risen sharply over the past decade, making housing one of the biggest expenses for many residents. Jain saw the opportunity to build a financial platform around those payments.By allowing tenants to profit from paying rent, the company aims to offer them some financial return on an expense that traditionally offered none. The model has attracted partnerships with major property owners and expanded its presence in many apartment buildings across the United States.The Hurun report, which tracks the wealth of the world’s richest people, pointed to the rapid rise in Jain’s fortune as one of the most notable changes among U.S. businessmen this year. New York remains one of the world’s largest centers of billionaire wealth, and Jain’s jump in net worth stood out among the city’s startup and tech company founders.Ankur Jain’s father is Naveen Jain, a former Microsoft executive. He founded the search company InfoSpace and briefly became a billionaire in 2000, when the company’s stock peaked.