Mukesh richest Indian for second time

Mukesh richest Indian for second time

Gujarati college dropout makes debut on Forbes richest list

Mukesh richest Indian for second time

Mukesh has been ranked fourth in the global list, topped by Mexican billionaire Carlos Slim Helu ($53.5 billion), up from the seventh spot in 2009.

Leading the pack of 50 Indians in the list, Mukesh has added over $9.5 billion to his networth in the past 12 months.

Mukesh is followed by steel czar Lakshmi Mittal, who ranks fifth on the global list with $28.7 billion. Mittal, has gained over $9 billion in the last year.

Wipro chairman Azim Premji, the next Indian on the list, is far below at the 28th place with a networth of $17 billion, although his rank has skyrocketed from the 83rd position last year with an addition of over $11.3 billion.

Anil Ambani, who was ranked at the 34th position in 2009, slipped two positions below to the 36th spot despite an increase of $3.6 billion in his networth at $13.7 billion.

Shashi and Ravi Ruia, the promoters of the Essar Group, were ranked at the 40th position, up from 86th last year, with a net worth of $13 billion. The cumulative wealth of Indian billionaires has jumped by $118.9 billion and now stands at about $227.9 billion.

The Indian presence has doubled to 50 (from 24 a year ago) in the club of world’s billionaires. “The world has 1,011 10-figure titans, up from 793 a year ago,” Forbes said.

The league of 10 richest persons in the world now includes just two Indians — Mukesh Ambani and Lakshmi Mittal.

The list is dominated by Americans, two of whom have been ranked second and third  — Bill Gates and legendary investor Warren Buffett.

The Gujarati college dropout Shahid Balwa is among the 97 billionaires worldwide who  made their debut in the latest Forbes rich-list.

Balwa, who is into real estate, has fortune worth $1 billion. He stands at the 937th position. 

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