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Indian rich get richer
New Delhi:
According to Forbes Asia, the combined net worth of India's 40 richest people has gone up to $170 billion from last year's $106 billion. The ten richest make up for two thirds of that with a combined amount of $112 billion. Last year's third richest man of the world, Lakshmi Mittal continues his reign at the top with a net worth of $25 billion. The Ambani brothers stand at number two and three.

Mukesh Ambani has replaced Wipro Technologies' Azim Premji as the richest Indian having a net worth of $18.5 billion (against last year's $11.5 billion). Younger brother Anil Ambani is only about four billion behind with a net worth of $14.8 billion, up from last years $9.3 billion with Reliance Communications' listing. Premji ($14 billion) stands at fourth place while DLF's Kushal Pal Singh is in fifth place with $10 billion net worth. Bharti Group's Sunil Mittal is at sixth place with $6.9 billion and Kumaramangalam Birla ($6.8 billion), stood at seventh. Tulsi Tanti ($5.9 billion), the textile businessman who discovered wind power and made billions with Suzlon Energy stood at eighth place.

The biggest shareholder in Tata Sons, 76-year old Pallonji Mistry stood at ninth place with net worth of $4.9 billion. Ramesh Chandra, real estate developer, came in at tenth place and is one of the nine new billionaires along with Grandhi Rao ($2.2 billion) of GMR and media baron Kalanithi Maran ($1.9 billion) of Sun Networks.
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domain-B : Indian business : News Review : 18 November 2006 : people