Mukesh Ambani retains top slot as richest tycoon for 10th yr: Forbes

Source: The Hitavada      Date: 06 Oct 2017 08:46:39


 

NEW DELHI,

Savitri Jindal among a few rich women Patanjali’s Balkrishna enters top 50

RELIANCE Industries chief Mukesh Ambani on Thursday emerged as India’s wealthiest for the 10th straight year as his net worth swelled to USD 38 billion (nearly Rs 2.5 lakh crore) while the wealth of 100 richest rose by 26 per cent despite economic hiccups.


Savitri Jindal and family ranked the highest at the 16th place on the coveted list of richie-rich women with a net worth of USD 7.5 billion. Patanjali Ayurved’s Acharya Balkrishna, known as a close associate of yoga guru Ramdev, made a big jump from 48th place last year to 19th now with a net worth of USD 6.55 billion (about Rs 43,000 crore).


Wipro’s Azim Premji was the distant second with a net worth of USD 19 billion, moving up two places from last year, while Sun Pharma’s Dilip Shanghvi slipped from his earlier second place to the ninth now (USD 12.1 billion) on Forbes magazine’s annual ‘India Rich List 2017’.


Forbes said Prime Minister Narendra Modi’s “economic experiments” barely affected India’s billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year’s wealth to become one of Asia’s top five richest.


Anil Ambani, Mukesh’s younger brother, was ranked much lower at 45th place with USD 3.15 billion. He was ranked 32nd in 2016 (USD 3.4 billion) and 29th a year before that.