India 's Top billionaire club....!

India 's Top billionaire club

Forbes magazine estimates that India is now home to 52 billionaires, up from 27 last year. The combined fortune of India's 100 richest is $276 billion, almost one-fourth the country’s GDP, it says. Although China has more billionaires—79 vs. India's 52--India's wealthiest are worth over $100 billion more than the $170 billion total net worth of their Chinese counterparts, says Forbes. Methodology: “For people with publicly traded fortunes, net worths were calculated using stock prices and exchange rates as of October 16. Privately held fortunes were valued at book value or by coupling estimates of revenues, profits or book value to prevailing ratios for similar publicly traded companies,” according to Forbes.

Mukesh D. Ambani is the chairman and managing director of Reliance Industries Ltd. He has topped the Forbes list of richest Indians. Net worth estimated at $32 billion. He is a chemical engineer from University Institute of Chemical Technology (earlier University Department of Chemical Technology), University of Mumbai (earlier University of Bombay). He has pursued MBA from Stanford University, USA. The Reliance Group, founded by Dhirubhai H. Ambani (1932-2002), is India's largest private sector enterprise, with businesses in the energy and materials value chain.

Lakshmi Mittal is the chairman and CEO of ArcelorMittal. Net worth: $30 billion. ArcelorMittal is the world's number one steel company, with presence in more than 60 countries.

Anil Ambani is the chairman of Reliance ADA Group. Net worth estimated at $17.5 billion. He is an MBA from the Wharton School of the University of Pennsylvania. The Reliance – Anil Dhirubhai Ambani Group is among India’s leading private sector business houses.

Azim Premji is the chairman of Wipro. Net worth estimated at $14.9 billion. Premji completed his initial education at St. Mary's School in Mumbai. He was pursuing his studies in electrical engineering from Stanford University, California, USA at the age of 21 when he was forced to drop out and take over the family business due to the sudden death of his father in 1966. Wipro is the provider of integrated business, technology and process solutions on a global delivery platform

Shashi Ruia is the chairman of Essar Group and Ravi Ruia is the vice chairman of Essar Group. Net worth estimated at $13.6 billion. Essar’s promoters: Sitting: Shashi Ruia, (r) Ravi Ruia, (l) Standing: (l) to (r): Rewant Ruia, Anshuman Ruia, Smiti Kanodia and Prashant Ruia. The Essar Group is a diversified business corporation with a balanced portfolio of assets in the manufacturing and services sectors of steel, energy, power, communications, shipping ports & logistics, and projects. Essar has a presence in more than 15 countries worldwide.

KP Singh is the chairman and CEO of DLF Universal. Net worth estimated at $13.5 billion. The DLF Group was founded in 1946. They developed some of the first residential colonies in Delhi such as Krishna Nagar in East Delhi, which was completed in 1949. Since then, they have been responsible for the development of many of Delhi’s other well known urban colonies, including South Extension, Greater Kailash, Kailash Colony and Hauz Khas.

Savitri Jindal is the chairperson of Jindal Steel. Net worth estimated at $12 billion. She is the wife of late OP Jindal. She took over the chairmanship of the company in 2005 after her husband died in a copter crash. Jindal Organization, set up in 1970 by the OP Jindal, has grown from an indigenous single-unit steel plant in Hisar, Haryana, to the present multi-billion, multi-locational and multiproduct steel conglomerate.

Sunil Mittal is the chairman and CEO of Bharti Airtel. Net worth estimated at $8.2 billion. Bharti Enterprises is one of India’s leading business groups with interests in telecom, retail, manufacturing, agri business and financial services. Bharti Airtel is Asia’s leading integrated telecom services provider with operations in India and Sri Lanka.

Kumar Birla is the chairman of the Aditya Birla Group. Net worth estimated at $7.8 billion. A $29.2 billion corporation, the Aditya Birla Group operates in 25 countries.

Gautam Adani is the chairman of Adani Group. Net worth estimated at $6.4 billion. Its flagship company Adani Enterprises (formerly known as Adani Exports Ltd.), was established by Mr. Gautam S Adani in 1988 as a partnership firm with a seed capital of Rs 5 lakh.

Anil Agarwal is the chairman of Vedanta Resources. Net worth estimated at $6.3 billion. Vedanta Resources is a London-based FTSE 100 metals and mining group with interests in aluminium, copper, zinc and lead and with operations in India, Zambia and Australia.

 

GM Rao is the founder chairman of GMR Group. Net worth estimated at $4.3 billion. GMR Group has interests in airports, energy, highways and urban infrastructure. Employing the Public Private Partnership model, the group has successfully implemented several infrastructure projects in India.