Richest Indians for 2012

October 26, 2012   ·   0 Comments

Forbes India has published the list for 2012. While Vijay mallaya has made the news by becoming a non-billionaire, they are plenty other who have come as a positive surprise. Forbes said there were 61 dollar billionaires in the country in 2012, up by four from the previous year.

 

Let us check out the Top 10 Richest Indians by Forbes 2012

Mukesh Ambani :Rank 1                  
Net worth: $21billion

Mukesh Dhirubhai Ambani is the chairman and CEO of Reliance Industries Limited. His networth, however, declined by $1.6 billion to $21 billion.  The company was ranked 99 in Fortune Global 500 and is India’s most valuable company by market value and second-largest Indian company by turnover. Ambani remains the largest individual shareholder, with 44.7 per cent stake in RIL.

 

 

L N Mittal: Rank 2
Net worth: $16 billion

Owner of ArcelorMittal, this business tycoon owns 41 per cent of ArcelorMittal and holds a 34 per cent stake in the Queens Park Rangers FC football team.

  

 

Azim Premji: Rank 3
Net worth: $12.2 billion

Azim Hashim Premji is the chairman of Wipro Limited.

Premji owns 79 per cent of Wipro and also owns a private equity fund, PremjiInvest, which manages his $1 billion personal portfolio.

 

Read: How to become crorepati by financial planning? 

 

Pallonji Shapoorji Mistry: Rank 4
Net worth: $9.8 billion

Pallonji Shapoorji Mistry is an Indian-born Irish construction tycoon and chairman of Shapoorji Pallonji Group. With his 18.4 per cent stake in Tata Sons, he is the single largest shareholder in Tata Group.

He is also the chairman of the Shapoorji Pallonji Group through which he owns Shapoorji Pallonji Construction Limited, Forbes Textiles and Eureka Forbes.

 

Dilip Shanghvi: Rank 5
Net worth: $9.2 billion

Dilip Shanghvi is the founder and managing director of Sun Pharmaceutical Industries Limited.He entered the first five first time boosted by the shares of his Sun Pharmaceuticals Industries.

 

Sun Pharma was founded in 1982 and it is currently the fifth-largest drugmaker in India.

 

Adi Godrej: Rank 6
Net worth: $9 billion

Adi Godrej is the managing director of the Godrej Group.

He is the chairman of the Indian School of Business since April 2011.

 

Read:

 

Savitri Jindal: Rank 7
Net worth: $8.2 billion

She is the non-executive chair of O P Jindal Group who took over the reigns of the steel and power conglomerate founded by her late husband Om Prakash in 1952.

 

 

 

 Shashi & Ravi Ruia: Rank 8

Net worth: $8.1 billion

Ravikant Nand Kishore Ruia is the Vice-Chairman of Essar Group (founded in 1969 by Ruia and his brother Shashi Ruia).

The Essar Group is a multinational conglomerate and a leading player in the sectors of steel, oil & gas, power, communications, shipping, ports & logistics, projects and minerals.

In December 2011, Ruia was charged by India’s Central Bureau of Investigation over alleged corruption involving the sale of India’s 2G spectrum.

He was charged alongside two other exectives from the Essar Group.

 

 

Srichand and Gopichand Hinduja: Rank 9
Net worth: $8 billion

The Hinduja Group is a global conglomerate company headquartered in London.

It was founded in 1914 by Parmanand Deepchand Hinduja, initially operating in Mumbai.

The group set up its first international operation in Iran in 1919.

The headquarters of the Group moved to Iran where it remained until 1979, when the Islamic Revolution forced it to move to Europe.

 

Kumar Mangalam Birla: Rank 10
Net worth: $7.8 billion

He is the chairman of the Aditya Birla Group, one of the largest conglomerate corporations in India.

The groups is India’s third largest business house.

He is also the Chancellor of the Birla Institute of Technology & Science

 

 

Anil Ambani: Rank 11
Net worth: $6 billion

Anil Dhirubhai Ambani is the chairman of Anil Dhirubhai Ambani Group.

The Ambani family is the richest family in India and one of the richest in the world.

Read: Power of Regular Savings

Rajesh Singla

Rajesh is the founder & CEO of Stockssavvy, Stocks analyst,financial advisor by choice,software engineer by fate,biker,gamer,cricket lover n enthusiastic person. He believes in doing things not just to get by but to get Ahead...

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