rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Mukesh Ambani is India's richest man

Mukesh Ambani is India's richest man

Last updated on: October 10, 2012 19:08 IST

Mukesh Ambani is India's richest man

     Next

Next

Energy tycoon and Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $19.3 billion, says a report.

According to China-based research firm Hurun's inaugural India Rich List, Ambani is followed by the London-based steel baron L N Mittal who has a wealth of $16.9 billion.

Click NEXT to read more...


Image: Mukesh Ambani.
Photographs: Reuters.

     Next

Mukesh Ambani is India's richest man

Prev     Next
Prev

Next

Among others in the top 10 are: Wipro's Azim Premji (, $12.3 billion), Dilip Shanghvi of Sun Pharmaceuticals ($8.5 billion), Pallonji Mistry of Shapoorji Pallonji & Co ($7.9 billion), Shashi & Ravi Ruia (Essar Energy, $7.2 billion) and Adi Godrej (Godrej Group, $6.9 billion).

Click NEXT to read more...



Image: Azim Premji.
Photographs: Reuters.

Prev     Next

Mukesh Ambani is India's richest man

Prev     Next
Prev

Next

The other four who make the list of top 10 billionaires are Kushal Pal Singh (DLF, $6.3 billion), Kumar Mangalam Birla (Grasim Industries, $5.8 billion), Shiv Nadar (HCL Technology, $5.7 billion) and Sunil Mittal (Bharti Airtel, $5.7 billion).

Men dominate the list with just 5% of the list occupied by women.

Click NEXT to read more...



Image: Kumar Mangalam Birla.
Photographs: Bazuki Muhammad/Reuters

Prev     Next

Mukesh Ambani is India's richest man

Prev     Next
Prev

Next

Among the five richest Indian women, Savitri Jindal has emerged as India's richest woman with a personal fortune of $5.6 billion.

She is followed by Indu Jain (Bennett Coleman, 1.7 billion dollars), Anu Aga (Thermax, 690 million dollars), Kiran Mazumdar-Shaw (Biocon, 600 million dollars) and Shobhana Bhartia (Hindustan Times, 490 million dollars).

"The stories of the people on the Hurun India Rich List tell the story of business in modern India," Hurun Report Chairman and Chief Researcher Rupert Hoogewerf said, adding that "12% depreciation of rupee against the US dollar negated the appreciation in India's stock markets."

Click NEXT to read more...



Photographs: Bazuki Muhammad/Reuters

Prev     Next

Mukesh Ambani is India's richest man

Prev     Next
Prev

Next

Among the rich whose wealth was adversely affected in 2012 were Mukesh Ambani, L N Mittal, Shashi Ruia and Ravi Ruia, Kumar Mangalam Birla's flagship company Hindalco and telecom tycoon Sunil Mittal.

Those whose fortunes were on the upswing this year included Azim Premji, Pharma King Dilip Shanghvi (Sun Pharma), construction tycoon Pallonji Mistry and technology entrepreneur Shiv Nadar (HCL).

Click NEXT to read more...

 



Image: Sunil Mittal.


Prev     Next

Mukesh Ambani is India's richest man

Prev     Next
Prev

Next

Interestingly, 62% of the individuals in the Hurun India Rich List are self-made and Kiran Mazumdar-Shaw is the only self-made woman in the list.

The list is a snapshot of wealth as on September 22, at an exchange rate of Rs 54 per dollar.

Click NEXT to read more...



Image: Kiran Mazumdar-Shaw.


Prev     Next

Mukesh Ambani is India's richest man

Prev     More
Prev

More

City-wise, Mumbai is home to 36 of India's Richest 100, followed by Delhi and Bengaluru with 22 and 15, respectively. Also, five of the Top 100 are based outside of India and they are led by L N Mittal in London.

The youngest person on the list is Shivinder Mohan Singh at 37 years old while the oldest, Keshub Mahindra, is 89 years old. The average age of the Top 100 is 62 years while the average age of the Top 10 is 65 years.



Image: L N Mittal.


Prev     More
© Copyright 2013 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.