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Mukesh Ambani tops Forbes' 100 Richest Indians list

Mukesh Ambani tops Forbes' 100 Richest Indians list
23 September 2016 Current Affairs: Reliance Industries Chairman Mukesh Ambani has grabbed the top most position in the Forbes' '100 Richest Indians' list with a net worth of USD 22.7 billion.

As per the annual India rich list released by the Forbes India, Mukesh Ambani holds the first position followed by India's richest pharmaceutical magnate Dilip Shanghvi at number two with a net worth of USD 16.9 billion.

His wealth fell by USD 1.1 billion along with a drop in the shares of his Sun Pharmaceutical Industries, the world's fifth-largest generics maker.

However, the third spot is bagged by the Hinduja brothers with a net worth of USD 15.2 billion, up from USD 14.8 billion last year.

Tech magnate Azim Premji, who has led Wipro for five decades, slips one spot to number four on the list with a net worth of USD 15 billion.

Construction magnate Pallonji Mistry takes the fifth spot with net worth of USD 13.9 billion. The steel baron Lakshmi Mittal ranks to number six with net worth of USD 12.5 billion.

Taking the seventh spot is the Godrej Family with net worth of USD 12.4 billion Indian tech pioneer Shiv Nadar, cofounder of HCL Group clocked in a net worth of USD 11.4 billion to grab the eighth rank Kumar Mangalam Birla comes in at ninth spot with net worth of USD 8.8 billion Cyrus Poonawalla is the 10th richest Indian with a net worth of USD 8.6 billion.

 


December 2016 Current affairs
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