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M Ambani, Mittal, A Ambani and Premji occupy top 4 in Forbes India's richest list


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Forbes launched their India's top 100 richest list today. It seems business is recovering now. Mukesh Ambani who was shown to have got net of 19 billion in their billionaires list in March this year is showing 32 billion in this list. Similarly, Azim Premzi who was shown at net 5 billion in March's list is shown 14 billion in this list. There has been significant improvement as per forbes in the Indian market and the Indian industrialists. Rank Name Net Worth ($mil) Age City 1 Mukesh Ambani 32,000 52 Mumbai 2 Lakshmi Mittal 30,000 59 London 3 Anil Ambani 17,500 50 Mumbai 4 Azim Premji 14,900 64 Bangalore 5 Shashi & Ravi Ruia 13,600 65 Mumbai 6 Kushal Pal Singh 13,500 78 Delhi 7 Savitri Jindal 12,000 59 Hisar/Delhi 8 Sunil Mittal 8,200 52 Delhi 9 Kumar Birla 7,800 42 Mumbai 10 Gautam Adani 6,400 47 Ahmedabad 11 Anil Agarwal 6,300 56 London 12 Adi Godrej 5,400 67 Mumbai 13 G.M. Rao 4,300 59 Bangalore 14 Dilip Shanghvi 4,100 54 Mumbai 15 Shiv Nadar 3,700 64 Delhi 16 Uday Kotak 3,300 50 Mumbai 17 Malvinder & Shivinder Singh 3,000 37 Delhi 18 Subhash Chandra 2,700 59 Mumbai 19 Indu Jain 2,400 73 Delhi 20 Kalanithi Maran 2,300 44 Chennai 21 Anand Burman 2,250 57 Delhi 22 Brijmohan Lall Munjal 2,200 86 Delhi 23 Sudhir & Samir Mehta 2,020 55 Ahmedabad 24 Cyrus Poonawalla 2,000 68 Pune 25 Ramesh Chandra 1,950 70 Delhi 26 Micky Jagtiani 1,900 58 Dubai 27 Yusuf Hamied 1,890 73 Mumbai/London 28 Pravin Kumar Tayal 1,880 52 Mumbai 29 Jaiprakash Gaur 1,870 78 Delhi 30 Rajan Raheja 1,850 55 Mumbai 31 Venugopal Dhoot 1,800 58 Mumbai 32 Rahul Bajaj 1,750 71 Pune 33 Tulsi Tanti 1,700 51 Pune 34 L. Madhusudan Rao 1,670 43 Hyderabad 35 Baba Kalyani 1,630 60 Pune 36 Rakesh Wadhawan 1,600 57 Mumbai 37 Chandru Raheja 1,550 69 Mumbai 38 N.R. Narayana Murthy 1,500 63 Bangalore 39 Gautam Thapar 1,400 48 Delhi 40 Rama Prasad Goenka 1,350 79 Kolkata 41 Niranjan Hiranandani 1,320 59 Mumbai 42 Desh Bandhu Gupta 1,300 71 Mumbai 43 Nandan Nilekani 1,250 54 Bangalore/Delhi 44 Pankaj Patel 1,210 56 Ahmedabad 45 Vikas Oberoi 1,200 39 Mumbai 46 Senapathy Gopalakrishnan 1,150 54 Bangalore 47 G.V. Krishna Reddy 1,070 72 Hyderabad 48 Ajay Piramal 1,060 54 Mumbai 49 Vinod Goenka 1,050 50 Mumbai 50 Shahid Balwa 1,020 35 Mumbai 51 Virendra Mhaiskar 1,010 38 Mumbai 52 Anand Jain 1,000 52 Mumbai 53 Anurag Dikshit 980 37 Gibraltar 54 Shyam & Hari Bhartia 950 57 Delhi 55 Anu Aga 935 67 Pune 56 Keshub Mahindra 930 86 Mumbai 57 Shantanu Prakash 920 44 Delhi 58 Rakesh Jhunjhunwala 915 49 Mumbai 59 Murali Divi 910 58 Hyderabad 60 Vijay Mallya 900 53 Bangalore 61 Brij Bhushan Singal 890 73 Delhi 62 Sri Prakash Lohia 880 57 London 63 K. Dinesh 870 55 Bangalore 64 K. Anji Reddy 830 68 Hyderabad 65 A. Vellayan 805 56 Chennai 66 Bhupendra Kumar Modi 800 60 Singapore 67 Atul Punj 785 52 Delhi 68 Benu Gopal Bangur 780 78 Kolkata 69 Harsh Mariwala 775 58 Mumbai 70 Reji Abraham 770 43 Chennai 71 S.D. Shibulal 745 54 Bangalore 72 Hemendra Kothari 740 63 Mumbai 73 Kiran Mazumdar-Shaw 730 56 Bangalore 74 B.G. Raghupathy 710 56 Chennai 75 Naresh Goyal 700 60 Mumbai/London 76 Shobhana Bhartia 690 52 Delhi 77 Gracias Saldanha 675 71 Mumbai 78 Analjit Singh 650 55 Delhi 79 Kishore Biyani 645 48 Mumbai 80 Hemant Shah 630 56 Mumbai 81 Jignesh Shah 610 42 Mumbai 82 Balvant Parekh 600 85 Mumbai 83 Nimesh Kampani 595 63 Mumbai 84 Manoj Tirodkar 570 45 Pune 85 Ashok Sarin 560 68 Delhi 86 Prathap Reddy 555 77 Chennai 87 Prithvi Raj Singh Oberoi 545 80 Delhi 88 P.V. Ramaprasad Reddy 540 50 Hyderabad 89 Ashwin Dani 525 67 Mumbai 90 Balkrishan Goenka 520 43 Mumbai 91 Kamal Khetan 510 41 Mumbai 92 Karsanbhai Patel 500 65 Ahmedabad 93 Vidya and Narendra Murkumbi 490 60 Mumbai/Belgaum 94 Ravi Puravankara 489 55 Bangalore 95 Abhay Vakil 485 59 Mumbai 96 Ashwin Choksi 480 66 Mumbai 97 Bhadresh Shah 455 58 Ahmedabad 98 Sameer Gehlaut 450 35 Mumbai 99 Dhruv Sawhney 430 65 Delhi 100 Hardeep Bedi 415 57 Delhi

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The number of billionaires in India nearly doubled to 52 in 2009 and their combined net worth reached $276 billion, or a quarter of the country's GDP, the India Rich List published by Forbes magazine revealed. A rebounding stock market and a robust economy were behind this turnaround after a year of crisis when their fortunes had fallen Mukesh Ambani, who heads Reliance Industries, India's largest company by market capitalisation, remained at the top of the wealth chart with a net worth of $32 billion, a rise of 54 percent from the last year's level. Mukesh Ambani remained at the top of the wealth chart with a net worth of $32 billion Steel tycoon Lakshmi Mittal, who made his fortune in the West but still retains his Indian passport, came second with a wealth of $30 billion. The third place went to Mukesh’s estranged brother, Anil, whose net worth rose 40 percent to $17.5 billion. “This year's list shows yet again that when conditions in the financial markets and the economy are right, India has the scale and resources to produce billionaires faster than most of the countries on earth,” Naazneen Karmali, India Editor of Forbes Asia and Mumbai bureau manager for Forbes magazine, said. The substantial jump in net worths is evidence that entrepreneurial capitalism is alive and kicking in India, Indrajit Gupta, Editor of Forbes India, said: “What’s more, the growth in wealth creation has been broad-based. Entrepreneurs from a wide variety of sectors comprise the list.” Though the top ten positions remain largely unchanged, there are some shifts in fortunes across the list. Sunil Mittal has moved down from Number 4 to Number 8 and Azim Premji has moved up to Number 4 position. The Ruia brothers with a net worth of $13.6 billion have made it to number 5 this year. Adi Godrej has moved out of the top 10 to the number 12 position. Savitri Jindal, Nonexecutive Chairwoman of O.P. Jindal Group, at a net worth of $12 billion this year has made it to number 7 on the list – she is one of only six women on the list. The richest newcomers are two brothers from Torrent Power -- Sudhir and Samir Mehta, ranked 23 at $2.02 billion. Another notable mention is Nandan Nilekani who has stepped down from Infosys board and is now a part of government. He ranks 43 with a net worth of $1.25 billion. Southern India’s TV king, Kalanithi Maran, ranked 20, almost doubled his net worth to $2.3 billion from $1.2 billion. His Sun TV Network operates in four states in the south, a region that accounts for one-quarter of India’s population and one-third of those with television in their homes. The Forbes India cover story highlights how 2009 has been a turnaround year for the rich in India. The list is an indicator of how India’s billionaires have done better than their counterparts in other parts of the world. The story highlights interesting differences between the rich in India and China. The 100 richest Indians are worth $276 billion; their Chinese counterparts have a net worth of $170 billion. The three richest Indians are worth $79.5 billion. It takes 24 Chinese billionaires to be worth $80 billion.
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