1. Dilip Shanghvi pips Mukesh Ambani in richest Indian list by Forbes magazine

Dilip Shanghvi pips Mukesh Ambani in richest Indian list by Forbes magazine

Pharma tycoon Dilip Shanghvi today surpassed Mukesh Ambani as the world's richest Indian...

By: | New York | Updated: March 5, 2015 7:17 PM
Dilip Shanghvi, Mukesh Ambani, Forbes, Forbes list, forbes India list While Sun Pharma Group’s Dilip Shanghvi leads richest Indian list on Forbes, RIL’s Mukesh Ambani and tech czar Azim Premji have managed the second and third positions respectively. (Reuters)

Sun Pharmaceutical Industries chief Dilip Shanghvi has beaten Mukesh Ambani to the top spot in Forbes’ richest Indians list. Dilip Shanghvi, with a net worth of $21.5 billion, is now the world’s richest Indian – this ‘update’ happened just two days after Reliance Industries chief was ranked India’s wealthiest for the 8th year.

As per a ‘real time’ update from business magazine Forbes, known for its annual rich lists, Sun Pharma Group’s Shanghvi was ranked richest Indian, followed by Mukesh Ambani and tech czar Wipro chief Azim Premji at second and third positions, respectively, among Indians.

On the global rich list, Shanghvi today moved up to 37th position, while Ambani slipped to 43rd position.

Earlier on Monday, Forbes had released its annual Rich List for 2015, wherein Ambani was ranked 39th — highest among Indians — while Shanghvi was at 44th place. Premji was ranked 48th on that list, from which he has moved up one place now.

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Dilip Shanghvi, Mukesh Ambani, Forbes, Forbes list, forbes India list The Annual Rich List had put Mukesh Ambani’s wealth at USD 21 billion. PTI

Shanghvi’s networth today stood at USD 21.5 billion, following a sharp rally in share prices of his group companies, while that of Ambani was USD 20.4 billion.

The Annual Rich List had put Ambani’s wealth at USD 21 billion, based on share prices and exchange rates as on February 13. Ambani has been ranked as richest Indian for eight consecutive years now on the Forbes’ annual rich lists, even as his ranking has come down sharply from among top-ten positions globally earlier.

Dilip Shanghvi, Mukesh Ambani, Forbes, Forbes list, forbes India list A file photo of Reliance Industries

chief Mukesh Ambani. Reuters

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