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Richest Indians

Richest Indians

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Published by Rajasekhar Kolla
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Categories:Types, Business/Law
Published by: Rajasekhar Kolla on Apr 04, 2011
Copyright:Attribution Non-commercial


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Anil and Mukesh Ambani
Mukesh Ambani and his younger brother Anil (left), Chairman and Vice-Chairman of Reliance Group of Industries, are therichest Indians according to a BusinessStandard survey.The net worth of the Ambani brothers standat a whopping Rs 23,588 crore ($5.18billion), up by a massive Rs 4,724 crore($1.03 billion) since the last year.Most of these gains have come from the25.4 per cent rise in the RelianceIndustries stock price.
IT czar and Wipro Chairman Azim Premji,who was India's richest billionaire last year,slipped to the second spot in the BusinessStandard survey, having lost Rs 12,448crore ($2.74 billion) since the last year.This was mainly due to the fact thatWipro's market price plummetted by almost40 per cent since last December.Yet, Premji's net worth still stands at Rs18,964 crore ($4.17 billion).
Azim Premji
Brothers Malvinder (left) and ShivendeSingh of pharma major RanbaxyLaboratories feature in the third spot in thelist of richest Indians, says BusinessStandard, with a wealth of Rs 5,086 crore($1.12 billion).The brothers' wealth increased by Rs1,741 crore ($383 million), due toRanbaxy's market valuation rising by 52per cent in the past year.
Malvinder and Shivender Singh

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