Live
- Nazara Technologies sees Q2 profit decline 33 pc to Rs 16 crore
- Jan Aushadhi Kendras become a lifeline for the common man in Jharkhand's Dhanbad
- Rana Daggubati Unveils a Fresh Take on Celebrity Talk Shows with The Rana Daggubati Show
- Pakistan battles smog emergency as millions suffer from respiratory infections
- NASA's AI Earth Copilot: Answer Your Questions About the Planet
- Another tigress released in soft enclosure in Similipal
- Cong, BJP leaders’ rush to join AAP shows we are winning Assembly polls: Kejriwal
- Janajatiya Gaurav Diwas: PM Modi’s selfie with members of Irula tribe draws attention
- Bolivian Opposition leaders arrested on terrorism charges
- 1 in 5 IT decision-makers struggling to find AI/ML talent: Report
Mukesh Ambani tops the Forbes richest Indians list for the ninth time
Industrialist Mukesh Ambani was today named Indias richest person for a ninth year in a row with a sharp increase in networth to USD 22.7 billion, while Sun Pharmas Dilip Shanghvi was ranked a distant second with a wealth of USD 16.9 billion.
​Singapore: Industrialist Mukesh Ambani was today named Indias richest person for a ninth year in a row with a sharp increase in networth to USD 22.7 billion, while Sun Pharmas Dilip Shanghvi was ranked a distant second with a wealth of USD 16.9 billion.
The Hinduja Family moved up to the third position (USD 15.2 billion) on the annual Forbes list of Indias 100 Richest People. Wipros Azim Premji slipped one place to fourth with a networth of USD 15 billion.
Patanjali Ayurveds Acharya Balkrishna, known as a close associate of yoga guru Ramdev, has made a surprise entry at the 48th position with a networth of USD 2.5 billion on the list compiled by the American business magazine known for its rich lists.
Forbes said the combined networth of Indias 100 wealthiest is USD 381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from USD 345 billion in 2015.
Mukesh Ambanis wealth rose in the past one year from USD 18.9 billion to USD 22.7 billion (over Rs 1.5 lakh crore) on 21 per cent surge in share price of Reliance Industries, the flagship company of his group, which recently launched 4G mobile services with much fanfare. He was ranked 36th in the global rich list.
Younger brother Anil Ambani was ranked 32nd with a networth of USD 3.4 billion, down from 29th spot last year.
Shanghvi also retained his second position, though his wealth fell by USD 1.1 billion due to plunge in share price of his group firm Sun Pharma, the worlds fifth largest generic drug maker, Forbes said. Hinduja brothers rose to the third spot by displacing Premji and saw their worth rising to USD 15.2 billion, from USD 14.8 a year ago.
"The four siblings - Srichand, Gopichand, Prakash, and Ashok - control multinational empire Hinduja Group, with businesses ranging from trucks and lubricants to banking and cable television. The group commissioned its much-delayed 1,040 mw thermal power unit in South India in July," the magazine said.
"In a post-Brexit world, India appears a steady ship with an economy growing at 7 per cent-plus. The majority of Indias 100 richest have notched up handsome gains as their companies have outperformed the stock market in the past year. As the domestic investment cycle starts kicking in, we can expect more gains and new names in the future," Forbes Asias India Editor Naazneen Karmali said about the list.
