Two Indians, steel czar Lakshmi Mittal and RIL chairman Mukesh Ambani, figure in the latest list of world's top 10 billionaires released by Forbes magazine. Other Indians who managed to feature on the list include Sunil Mittal, Azim Premji and Kumar Birla. Here's the list of top 10 Indian billionaires on Forbes' list.
Two Indians, steel czar Lakshmi Mittal and RIL chairman Mukesh Ambani, figure in the latest list of world's top 10 billionaires released by Forbes magazine. Other Indians who managed to feature on the list include Sunil Mittal, Azim Premji and Kumar Birla. Here's the list of top 10 Indian billionaires on Forbes' list.
Net worth:$31.1 billion
Rank in Forbes list: 6
At number 6, Lakshmi Mittal is the highest ranking Indian in the Forbes billionaire list with an estimated wealth of $31.1 billion. Mittal has been Britain's richest man for the last six years. He is the chief of ArcelorMittal, one of the world's biggest steelmaker. Mittal also serves as a non-executive director of Goldman Sachs, EADS and ICICI Bank and is at present the vice-chairman of the World Steel Association.
Net worth:$27 billion
Rank in Forbes list: 9
Reliance Industries chairman Mukesh Ambani ranks 9th with a net worth of $27 billion. He has been the richest Indian for three years in a row, according to Forbes India magazine.
Reliance Industries is India's largest private sector conglomerate (by market value), having interests ranging from petroleum products, petrochemicals to garments. Recently, British oil giant BP Plc agreed to invest $7.2 billion in RIL to take a stake in key oil and gas blocks. The tie-up could eventually amount to a $20 billion investment from BP.
Net worth:$16.8 billion
Rank in Forbes list: 36
Wipro founder and IT czar Azim Premji became Asia's biggest donor when he recently announced that he would set up a new endowment trust with a whopping Rs. 8,846 crore ($2 billion) to fund various educational programmes.
Net worth:$15.8 billion
Rank in Forbes list: 42
Shashi and Ravi Ruia are the chairman and vice-chairman, respectively, of the Essar Group, which has interests in steel, shipping, telecom, construction and power businesses. The Ruia brothers have inherited the legacy of their father Nand Kishore Ruia.
At present, the group has presence in over 20 countries. In 2010, Essar Global Limited raised up to £1.3 billion by floatation of Essar Energy on the London Stock Exchange.
Net worth:$13.2 billion
Rank in Forbes list: 56
Savitri Jindal took charge of the OP Jindal Group after her husband Om Prakash Jindal died in a helicopter crash. Her sons Prithviraj, Sajjan, Ratan and Naveen manage operations of various companies under the Jindal Group umbrella.
Savitri Jindal is the richest woman in India at present.
Net worth:$10 billion
Rank in Forbes list: 81
This billionaire from Ahmedabad is the chairman of Adani Group, the company that owns India's largest private port, Mundra Port. With him at the helm, Adani Group has emerged as a multi-dimensional conglomerate with an international footprint.
Net worth:$9.2 billion
Rank in Forbes list: 97
Kumar Birla heads $29-billion (by revenue) Aditya Birla Group, which is one of the world's leading producer of aluminium and cement. His group recently became the largest carbon black producer after acquiring Columbian Chemicals. The group also has strong presence in communication and retail businesses in India.
Net worth:$8.8 billion
Rank in Forbes list: 103
This younger sibling of legendary businessman Dhirubhai Ambani leads some of the biggest companies in India, including Reliance Communication, Reliance Infrastructure and Reliance Power. His company RComm recently signed a Rs 8,700 crore pact with Chinese Development Bank.
Net worth:$8.3 billion
Rank in Forbes list: 110
This self-made businessman is at present the stalwart of Indian telecom industry. With the buyout of the African unit of Zain Telecom, the company now has presence in 19 countries. Bharti Airtel, Mittal's flagship company, is one of the largest telecom player in the world.
Net worth:$7.3 billion
Rank in Forbes list: 130
Adi Godrej took the businesses of the 114-year old group to great height during the liberalisation process in 1990s. He is also known for his philanthropic activities.
