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Economy

Forbes Declares Mukesh Ambani India’s richest tycoon

September 25
11:12 2014

Washington: Forbes magazine’s list of the top 100 richest tycoons in India mentioned Reliance Industries chairman Mukesh Ambani’s named first for the eighth successive year with a total asset of $23.6 billion, $2.6 billion up from last year.

It is the first time, when all the top 100 richest tycoons in India are billionaires, as per the latest Forbes rich list. The net worth of India’s 100 wealthiest altogether is $346 billion, which up over a third from $259 billion in 2013.
Naazneen Karmali, India Editor of Forbes Asia said that India’s position has stimulated very fast from gloom to boom in 2014. The newly elected played a pivotal role in escalating wealth generated in stock market trading.

The top 10 richest in India are:

1) Mukesh Ambani; $23.6 billion

2) Dilip Shanghvi; $18 billion

3) Azim Premji; $16.4 billion

4) Pallonji Mistry; $15.9 billion

5) Lakshmi Mittal; $15.8 billion

6) Hinduja brothers; $13.3 billion

7) Shiv Nadar; $12.5 billion

8) Godrej family; $11.6 billion

9) Kumar Birla; $9.2 billion

10) Sunil Mittal; $7.8 billion

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