Forbes rich list: Mukesh Ambani is India's richest, but Dilip Shanghvi topples Azim Premji

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While Mukesh Ambani's wealth was static, there are a total of 65 billionaires on the list, four more than last year, says Forbes rich list. While Mukesh Ambani's wealth was static, there are a total of 65 billionaires on the list, four more than last year, says Forbes rich list.
SummaryMukesh Ambani wealthiest; 100 richest saw collective wealth soar by modest 3 pct, shows Forbes rich list.

bagged the 12th position with a wealth of USD 5.5 billion, while Savitri Jindal & family stood at the 14th rank with a fortune of USD 4.9 billion and Bajaj Family at 20th spot with a wealth of USD 3.1 billion.

As per US-based business magazine Forbes' annual list of India's 100 richest, released today, their total wealth grew by a modest 3 per cent from a year ago to USD 259 billion.

Besides, the list comprises of 20 business families with a collective fortune of USD 55.52 billion. Out of these 20 families, majority of them are billionaires and only four are millionaires.

"Growth in wealth was lacklustre due to India's stumbling economy, which has been hit by inflation and a falling rupee," Forbes said.

Among others families in the list included Malvinder & Shivinder Singh (USD 2.3 billion), Reddy family (Dr Reddy's) at USD 1.75 billion, Kapil & Rahul Bhatia (USD 1.71 billion), N R Narayana Murthy & family (USD 1.64 billion), Rajan Raheja & family (USD 1.62 billion), Senapathy Gopalakrishnan & family (USD 1.39 billion) and Nandan Nilekani & family (USD 1.3 billion.

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