Forbes list: Mukesh Ambani continues to be richest Indian

Bill Gates tops Forbes list for the fourth year in a row.

shubham-gaur

Shubham Gaur | March 21, 2017 | New Delhi


#Savitri Jindal   #Hinduja brothers   #Pallonji Mistry   #Laxmi Mittal   #Bill Gates   #Forbes list   #Mukesh Ambani  


 India is home to the world’s fourth highest number of billionaires, with Reliance Industries chief Mukesh Ambani leading the club of more than 100 billionaires, according to Forbes magazine.

Bill Gates has topped the list for the fourth time in a row with a net worth of $86 billion, up from $75 billion last year. He has been on the top of the list for 18 out of past 23 years. Bill Gates has been followed by Berkshire Hathaway chief Warren Buffet with a new worth of $75.6 billion and Amazon’s Jeff Bezos, with $72.8 billion to his fortune. The list include 2,043 richest people of the world who have a collective net worth of $7.67 trillion that has increased by a record 18 percent over the past year.
 
The US continues to have highest number of billionaires as compared to any other nation with a record breaking 565 billionaires. China has 319, Germany 114 and India has 101 billionaires.
 
Mukesh Ambani is at the 33rd position globally, with his net worth of $23.2 billion. Forbes said that the Ambani ignited a price war in India’s extremely competitive telecom market with the launch of 4G phone service Jio last year. Laxmi Mittal, chairman and CEO of steel and mining company, ArcelorMittal is at the second position with a net worth of $16.4 billion.
 
There are approximately 20 people of Indian origin who have made it to the Forbes list, led by UK based Hinduja brothers, who were at 64th position with their net worth of $15.4 billion. Pallonji Mistry, who controls the Mumbai headquartered Shapoorji Pallonji Group, is also on the list at 288th position with a net worth of $5.4 billion.
 
Only four Indian women billionaires could make it to the Forbes list. They were led by Savitri Jindal who holds 303rd position with a net worth of $5.2 billion.    
 

Comments

 

Other News

Aero India 2019 kicks off in Bengaluru

Five day long Aero India -2019 organised by Hindustan Aeronautics Limited (HAL) was inaugurated at Air Force Station, Yelahanka, Bengaluru on Wednesday.   The French origin Rafale fighter jets are also participating in the event.   Asia’ largest

BHEL builds India’s first regenerative 5,000 HP electric locomotive

In a major technological breakthrough, BHEL has developed the country’s first such regenerative 5,000 horse power (HP) WAG-7 electric locomotive with a modern regeneration system for Indian Railways.   The electric loco was flagged-off by member traction, railway board, Gha

Prime Minister dedicates Rs 33,000 crore projects in Begusarai

Prime Minister Narendra Modi dedicated a host of developmental projects at Ulao airport in Begusarai, Bihar. Modi said these projects will fuel the progress of Bihar and the eastern states. He said that Bihar had the potential to play a pivotal role in driving the growth of the country. “The

IOCL finalises term contract for import of US crude oil grades

IndianOil Corporation has finalised a term contract for import of up to three MMT (million metric tonnes) of crude oil of US origin grades to diversify term crude sources in 2019-20 fiscal. The enterprise has finalised the contact on February 15, 2019.   The value of the cont

For a healthy tomorrow

When Dr Shruti Kamdi (pictured on left), a transfusion specialist at a leading Mumbai hospital, had her first child, she struggled to nurse her baby as she was unable to secrete enough milk. Admitted to a private hospital, she was put on medication to increase breast milk. But that didn’t help much.

Reinvigorating reinsurance

After the liberalisation of the insurance industry in 2000, private firms (mostly in partnerships with foreign firms) have readily taken to the sector. Till FY18 there were 23 private firms in the life insurance sector and 21 in general insurance segment. However, it was only in 2016-17 that the first priv

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter