Richest Indian – Mukesh Ambani

PTI, LiveMint

Reliance Industries’ Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal as the richest Indian in the world, with a net worth of $20.8 billion, Forbes said in its annual rich list for the country.
Mittal, who has moved to second position with a net worth of $20.8 billion, is followed by Mukesh’s younger brother Anil Ambani, whose wealth stood at $12.5 billion.

Telecom czar Sunil Mittal and realtor K P Singh are ranked fourth and fifth with net worth of $7.9 billion and $7.8 billion, respectively.

The magazine said that the combined net worth of India’s 40 richest has declined by 60% due to weak stock markets amid depreciating rupee against the greenback.
Their total wealth is now $139 billion, down from $351 billion just a year ago, according to Forbes India Rich List.

“These are painful times for India’s tycoons. The country’s once soaring stock market fell 48% the past year, the rupee depreciated 24% against the dollar, and GDP growth is expected to slow by at least a percentage point, in part owing to double-digit inflation,” Forbes Asia said in a statement.

While all 40 tycoons listed last year were billionaires, only 27 have 10-figure net worths now. A net worth of $760 million was needed to make to the list this year, $840 million less than last year.

2 thoughts on “Richest Indian – Mukesh Ambani”

  1. Dear Sir,

    As this one of your employee writing mail regarding after sales part is very very poor in bangalore region.(its not complainting on anyboby by individual)

    Sir,please don’t mistake me frankly i am telling you this.

    Majorly home delivery services getting delaying day by day.From past 3 months its has been addressed to area manager as well regional manager who is heading bangalore regions.Still there are help us to work on this?

    See Sir,From 17.03.2012 to till date home delivery has been delayed we don’t have any answers of kind to tell customer.

    Daily every store in bangalore are refunding a amount more than one lakhs rupees.

    when it come to customer service everybody has to pull there socks and work.Even we can pull the staffs from the stores and work on delayed home deliveries.

    we don’t known why Mr. Suresh Sukumar and Mr.Anupama Kumar and still sleeping on this issues.

    Even Mr.Shyam iyengar who is heading and DC he also sleeping together with them.

    We dont known what kind of management in bangalore.if you continue the same thing another couples month we sure that it will another e-zone.

    Brain sir please go to google and search for digital bad services issues you will get a numbers of cases daily which repeats

    i dont sir whether your going to consider my mail or reject my mail but it is feedback from all the stores in bangalore.

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