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Mukesh Ambani richest Indian: Forbes

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Agencies: New York, Oct 25 2012, 12:57 IST
Tags: Mukesh Ambani Richest | Forbes Richest List | Richest Indian List | Lakshmi Mittal Rich | Azim Premji Networth | Pallonji Mistry Networth | Companies News
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Mukesh Ambani has retained his position as the world's richest Indian for the fifth year in a row, despite a decline in his networth to USD 21 billion, according to an annual rich list released today.

Although Ambani's networth declined for the third year in a row, including a plunge of USD 1.6 billion in past one year, his fortune remains more than 30 per cent above that of the second-ranked Lakshmi Mittal, as per business magazine Forbes' latest annual ranking of 100 wealthiest Indians. Steel baron Mittal's networth fell by USD 3 billion to USD 16 billion.

Ambani, who heads energy-to-retail conglomerate Reliance Industries group, and Mittal are followed by IT czar Azim Premji (USD 12.2 billion), construction major and Tata group's major shareholder Shapoorji Pallonji group patriarch Pallonji Mistry (USD 9.8 billion) and drugmaker Sun Pharma's Dilip Shanghvi (USD 9.2 billion) in the top-five.

Mukesh's younger brother Anil Ambani is ranked 11th (USD 6 billion), as he movs up two positions from 13th last year.

Others in top 10 include Adi Godrej at 6th position (USD 9 billion), followed by Savitri Jindal (USD 8.2 billion), Shashi & Ravi Ruia (USD 8.1 billion), Hinduja Brothers (USD 8 billion) and Kumar Mangalam Birla (USD 7.8 billion).

Telecom czar Sunil Mittal and Gautam Adani have moved out of the top 10 and are now ranked 12th and 16th respectively.

Last year, Mittal was ranked sixth and Adani was seventh. Even as the networth of top-ranked persons like Ambani and Mittal fell, the collective wealth of India's richest

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Reader's Comments (4)| Post a Comment

Mukesh Ambani is only MD

Jupiter | 26-Oct-2012Reply | Forward
Mukesh Ambani lost all his personal wealth to claimant on whom he put illegal secret brain technology which can read mind. As per new arrangement Mukesh Ambani will continue as salaried MD. He is not owner or Chairman of Reliance any more. There are tax issues because of which this arrangement is made and once the issue is resolved this will come in open. Mukesh Ambani attempted that Anil Ambani had very little and now Mukesh Ambani has little. Reliance Mukesh Ambani group is a problematic company. Its lots of methods are not professionals. In certain cases, they have deployed secretive brain technology with capability to read mind and send voice in head bypassing ear. Using this technology they enact lots of events around the person. Due to this the person has to leave the job. They do this not only in Reliance but continue doing so years after years the person has left company. Essentially the employee careers comes to end due to repeadedly moving away from job.

Mukesh Ambani in only MD

Jupiter | 26-Oct-2012Reply | Forward
Mukesh Ambani lost all his personal wealth to claimant on whom he put illegal secret brain technology which can read mind. As per new arrangement Mukesh Ambani will continue as salaried MD. He is not owner or Chairman of Reliance any more. There are tax issues because of which this arrangement is made and once the issue is resolved this will come in open. Mukesh Ambani attempted that Anil Ambani had very little and now Mukesh Ambani has little. Reliance Mukesh Ambani group is a problematic company. Its lots of methods are not professionals. In certain cases, they have deployed secretive brain technology with capability to read mind and send voice in head bypassing ear. Using this technology they enact lots of events around the person. Due to this the person has to leave the job. They do this not only in Reliance but continue doing so years after years the person has left company. Essentially the employee careers comes to end due to repeadedly moving away from job.

Mukesh Ambani is only MD

Neptune | 26-Oct-2012Reply | Forward
Mukesh Ambani lost all his personal wealth to claimant on whom he put illegal secret brain technology which can read mind. As per new arrangement Mukesh Ambani will continue as salaried MD. He is not owner or Chairman of Reliance any more. There are tax issues because of which this arrangement is made and once the issue is resolved this will come in open. Mukesh Ambani attempted that Anil Ambani had very little and now Mukesh Ambani has little. Reliance Mukesh Ambani group is a problematic company. Its lots of methods are not professionals. In certain cases, they have deployed secretive brain technology with capability to read mind and send voice in head bypassing ear. Using this technology they enact lots of events around the person. Due to this the person has to leave the job. They do this not only in Reliance but continue doing so years after years the person has left company. Essentially the employee careers comes to end due to repeadedly moving away from job.

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