Top 50 Richest Person in India - List of

Forbes WorId BiIIionaires 2011.

Forbes released its annual list of the world's wealthiest people, and now the nearly 7 billion of us who aren't
on it are searching for it.

No. 1 on the list is Carlos Slim, the Mexican telecommunications magnate who's worth an estimated $74
billion. Slim beat out Bill Gates, No. 2 on the list at $56 billion, by a fat margin after his wealth grew by more
than one-third last year. Perennial Top 10-er Warren Buffett appears at No. 3 with $50 billion of worth; and
the richest woman, Christy Walton of the Wal-Mart empire, comes in at No. 10.

The number of billionaires in the world is up by 200 from last year to 1,210, with a combined wealth of $4.5
trillion.

And, of course, with $1 billion being cool and all, six members of the Facebook management clan made the
list, including Mark Zuckerberg at No. 52.

Steel tycoon Lakshmi Mittal and Reliance chairman Mukesh Ambani were counted among the world's ten
richest persons as 50 ndians made it to the Forbes list of World Billionaires 2011.

Here is a complete list of ndian billionaires in order of ndia Rank, World Rank, Name, Net Worth, Age,
Source:

Top 50 Richest Person in India - List of Forbes WorId BiIIionaires 2011

1.. 6 Lakshmi Mittal $31.1 B 60 Steel
2.. 9 Mukesh Ambani $27 B 53 petrochemicals, oil & gas
3.. 36 Azim Premji $16.8 B 65 Software
4.. 42 Shashi & Ravi Ruia $15.8 B 67 Diversified
5.. 56 Savitri Jindal & family $13.2 B 60 Steel
6.. 81 Gautam Adani $10 B 48 commodities, infrastructure
7.. 97 Kumar Birla $9.2 B 43 commodities
8.. 103 Anil Ambani $8.8 B 51 Diversified
9.. 110 Sunil Mittal & family $8.3 B 53 telecom
10. 130 Adi Godrej & family $7.3 B 68 Diversified
11. 130 Kushal Pal Singh $7.3 B 79 real estate
12. 154 Anil Agarwal $6.4 B 57 mining, metals
13. 159 Dilip Shanghvi $6.1 B 55 pharmaceuticals
14. 182 Shiv Nadar $5.6 B 65 nformation technology
15. 265 Malvinder & Shivinder Singh $4.1 B 38 healthcare
16. 310 Kalanithi Maran $3.5 B 45 media
17. 347 Uday Kotak $3.2 B 51 banking
18. 376 Micky Jagtiani $3 B 59 Retail
19. 393 Subhash Chandra & family $2.9 B 60 media
20. 440 Pankaj Patel $2.6 B 57 pharmaceuticals
21. 440 ndu Jain $2.6 B 74 media
22. 440 G. M. Rao $2.6 B 60 infrastructure
23. 512 Cyrus Poonawalla $2.3 B 69 biotech
24. 540 Rajan Raheja & family $2.2 B 56 Diversified
25. 564 Desh Bandhu Gupta $2.1 B 73 pharmaceuticals
26. 595 N.R. Narayana Murthy & family $2 B 64 Software
27. 595 Gautam Thapar $2 B 50 engineering, paper
28. 595 Sudhir & Samir Mehta $2 B 56 Diversified
29. 595 Aloke Lohia $2 B 52 chemicals
30. 651 Venugopal Dhoot $1.9 B 59 electronics
31. 651 Chandru Raheja $1.9 B 70 real estate
32. 692 Nandan Nilekani & family $1.8 B 55 Software
33. 736 Ajay Kalsi $1.7 B N/A oil
34. 782 Rahul Bajaj $1.6 B 72 motorcycles
35. 782 Senapathy Gopalakrishnan & family $1.6 B 55 Software
36. 833 Brijmohan Lall Munjal $1.5 B 87 motorcycles
37. 833 K. Anji Reddy $1.5 B 69 pharmaceuticals
38. 879 Vijay Mallya $1.4 B 55 liquor
39. 879 Ajay Piramal $1.4 B 55 pharmaceuticals
40. 879 Vikas Oberoi $1.4 B 40 real estate
41. 938 Baba Kalyani $1.3 B 62 Engineering
42. 938 Rama Prasad Goenka $1.3 B 81 Diversified
43. 993 Keshub Mahindra $1.2 B 87 Diversified
44. 993 K Dinesh & family $1.2 B 56 Software
45. 993 Rakesh Jhunjhunwala $1.2 B 50 nvestments
46. 993 Brij Bhushan Singal $1.2 B 74 Steel
47. 1057 Yusuf Hamied & family $1.1 B 74 Pharmceuticals
48. 1057 S.D. Shibulal & family $1.1 B 56 Software
49. 1057 Bhupendra Kumar Modi $1.1 B 62 telecom
50. 1057 Mangal Prabhat Lodha $1.1 B 55 real estate

The 23 richest ndians!

The world has 1,011 billionaires, up from 793 a year ago. And that was despite the global economic slowdown,
according to the Forbes annual list of the world's richest people.
Among the top 10 richest persons across the world, there are two ndians.
The United States has 403 billionaires, the most in the world, followed by China that beat Russia to grab the second
spot.
Although China has more billionaires than ndia (which has 23 billionaires), ten of Asia's top 25 are ndian, while one is
Chinese. Hong Kong and Japan each have five in Asia's top 25.
Only 16 per cent of the 97 new members are from the US. Asia has to its credit 104 billionaires.

1. Mukesh Ambani

et worth: $29 biIIion
Reliance ndustries chairman Mukesh Ambani is the richest man in ndia with $29 billion in net worth. He is ranked the
4th richest man in the world after Mexican telecom tycoon Carlos Slim, Microsoft co-founder Bill Gates and legendary
investor Warren Buffett.
Chief of oil and gas conglomerate Reliance ndustries, Mukesh Ambani is fighting a legal battle with his estranged
younger brother Anil, over an agreement to supply gas at a price 44 per cent below the government-mandated price.
The battle took a nasty turn in August with each accusing the other of foul play. Case is now being heard before the
Supreme Court.

2. Lakshmi N Mittal

et worth: $28.7 biIIion
Owner of ArcelorMittal, this business tycoon has stake in British soccer team QPR. Mittal is looking to invest in Brazil,
ndia and West Asia. He owns 12-bedroom mansion in London's posh Kensington area.
He is the 5th richest man in the world.
Steel group's workers attacked its Luxembourg headquarters during its annual shareholders meeting in May to protest
temporary layoffs during slump.
Megha Mittal, wife of his only son, Aditya, who is steel group's financial director, recently bought the insolvent German
fashion house Escada.
9
3. Azim Premji

et worth: $17 biIIion
The software czar's company Wipro recorded a major turnaround when it reported a 19 per cent jump in net profits
recently.
Wipro has also signed a $500-million, nine-year contract from Unitech Wireless. Company's consumer care division
bought Asian business of personal care brand Yardley from UK's Lornamead.
Premji is the 3rd richest ndian and the world's 28th richest person.

4. Anil Ambani

et worth: $13.7 biIIion
The chief of Reliance Anil Dhirubhai Ambani Group never seems to grow tired of waging war against his elder brother
Mukesh.
The confrontation between the two took an ugly turn when Anil alleged that the petroleum ministry was partial to
Mukesh's Reliance ndustries in their gas supply dispute. Government, however, refuted the charge. A legal battle is on
at the Supreme Court.
n an audit of Anil Ambani's Reliance Communications, the company was charged with underpaying license fees to the
government. RCom denied the charge.
n July last year, ADAG's entertainment wing sealed a deal to invest $825 million with Steven Spielberg's DreamWorks
Studios.
Anil Ambani is the 36 richest man in the world and the 4th richest ndian.

5. Shashi and Ravi Ruia

et worth: $13 biIIion
Ruia-owned Essar Group is looking f or major expansions in all its businesses, including steel, oil and power. Essar Oil
bought 50 per cent in Kenya Petroleum Refineries in July and is negotiating with Royal Dutch Shell to acquire three
refineries.
The duo is also attempting to raise $925 million, using part of their 33 per cent stake in Vodafone Essar as collateral.
They recently withdrew their $150-million bid to take over Australian coal firm Rocklands Richfield.
The Ruias are the 5th richest ndians and ranked 40th in the world.

6. Savitri Jindal

et worth: $12.2 biIIion
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.
Took over as group head after he died in a helicopter crash in 2005.
She is the 6th richest ndian and the richest ndian woman. She is ranked 44th in the world.

7. Kushal Pal Singh

et worth: $9 biIIion
Chairman of DLF faced hard times recently as the global economic crisis hit ndia's realty sector. However, this
property company's stocks rebounded 58 per cent this year.
The developer went for major price cuts to woo buyers earlier this year. n May, the Pal Singh family sold nearly 10 per
cent of its DLF stake for $834 million.
He is the 7th richest ndian and ranks 74th amongst the world's 1,011 billionaires.

8. Kumar Mangalam Birla

et worth: $7.9 biIIion
Head of commodities conglomerate Aditya Birla Group has his hands full with a move to restructure group's cement
business.
f successful, the deal will create ndia's biggest cement company and the world's 10th largest. dea Cellular, the group's
telecom unit, is heavily on to an ongoing price war.
Kumar Birla is the 8th richest ndian and ranks 86th in the world.

9. Sunil Mittal

et worth: $7.8 biIIion
Sunil Mittal, chairman of ndian telecom giant Bharti Airtel, is the 9th richest ndian and ranks 87th in the world.
Bharti Airtel recently faced a major setback when Sunil Mittal's bid to pull off a mega-merger with MTN collapsed in
September after months of negotiations.
ncidentally, Bharti also backed out of a deal to take over MTN in 2008.
Group's joint venture with Wal-Mart launched its first cash and carry store in Chandigarh in May last year.

10. Anil Agarwal

et worth: $6.4 biIIion
Agarwal is founder-director and executive chairman of the UK-based Vedanta Resources corporation, which owns
mining and metal resources in ndia, Australia and Zambia.
He is ranked 113th in Forbes magazine's 2010 list of the world's billionaires. He is the 10th richest ndian.
n 2007, he announced a $3.1 billion expansion of Vedanta Resources' capacities. n 2006, he donated $1 billion to
establish the Vedanta University modelled on Stanford University. t will be built in Orissa on a 6,000 acre campus that
will ultimately accommodate 100,000 students.
Agarwal, who founded the Vedanta group in 1976, is also chairman of Sterlite and is a Director of BALCO, HZL, and
Vedanta Alumina Ltd. He has over 30 years' experience as an industrialist.

11. Pallonji Mistry

et worth: $5.8 biIIion
Pallonji Mistry is one of ndia's most reclusive billionaires. The richest eleventh ndian is hardly ever heard from.
The 79-year-old Mistry has a fortune of $5.8 billion and a ranking of 129 on the world billionaire list.
Mistry is an affable and humble person seldom willing to assert his authority or position. However, he carries a high
degree of credibility in his business dealings.
Noel Tata, Ratan's half-brother and the son of Simone Tata, is married to Mistry's eldest daughter, Aloo.
Mistry's sons Shapoor and Cyrus are on the board of ndian Hotels and Tata Power, respectively.
The Mistrys have a huge construction company, Shapoorji Pallonji. Shapoorji, the group patriarch and Pallonji's father,
built some of Mumbai's landmarks around the Fort area -- the Hong Kong Bank, Grindlays Bank, Standard Chartered
Bank and Reserve Bank of ndia building.
Pallonji Mistry extended the construction interests of the group to the Middle East by bidding for the Sultan of Oman's
palace.
Mistry has a citizenship of reland.

12. Adi Godrej and family

et worth: $5.2 biIIion
Adi Godrej, managing director of the Godrej Group, is the 12th richest ndian.
His global rank is 148th.

13. Gautam Adani

et worth: $4.8 biIIion
Gautam Adani, chairman of the Adani group, is the 13th richest ndian.
With a wealth of $4.8 billion, his global ranking is 167.

14. Dilip Shanghvi

et worth: $4.6 biIIion
Dilip Shanghvi, chairman of Sun Pharmaceuticals, is the 14th richest ndian.
Among the world's top billionaires, his rank is 173rd.

15. Shiv Nadar

et worth: $4.2 biIIion
Shiv Nadar, founder of HCL, with a wealth of $4.2 billion is the 15th richest ndian.
Nadar is ranked 201st in the world's richest people's list.

16. G M Rao

et worth: $3.2 biIIion
Founder chairman of the GMR Group, G M Rao is the 16th richest in ndia.
With a wealth of $3.2 billion, his global rank is 297.

17. Malvinder and Shivinder Singh

et worth: $3.2 biIIion
Former Ranbaxy CEO Malvinder Singh and his brother Shivinder Singh with a wealth of $3.2 billion are the 17th
richest in ndia.
Their global ranking, according to Forbes, is 297.

18. Uday Kotak

et worth: $3 biIIion
Uday Kotak is the vice chairman and managing director of Kotak Mahindra Bank.
The founder of Kotak Mahindra Bank, Uday holds 50% stake in the bank.
He is the 18th richest ndian and ranked 316th in the world.

19. Kalanithi Maran

et worth: $2.9 biIIion
Kalanithi Maran heads Sun TV, ndia's biggest regional broadcaster. He owns 21 television channels in Tamil, Telugu,
Malayalam and Kannada and 42 FM stations in Tamil, Telugu, Kannada and Hindi. He is a shareholder in Red FM. He
also owns two Tamil newspapers and four Tamil magazines.
He is the 19th richest ndian and ranked 342nd in the world.
Maran is the son of the late DMK leader and former Union minister Murasoli Maran, the grandnephew of DMK president
M Karunanidhi, and the brother of Dayanidhi Maran, former Union minister for communications and information
technology.
Though Sun TV is listed on the Bombay Stock Exchange, Maran owns 90 per cent of its shares. Forbes has ranked him
ndia's 20th richest and the world's 446th richest person.

20. Subhash Chandra

et worth: $2.8 biIIion
Subhash Chandra is the chairman of Essel Group, that launched ndia's satellite television revolution.
His Zee TV was one of the first television channels to take ndia by a storm.
The media baron is ranked 20th amongst ndia's richest people and his world ranking is 354th.

21. Micky Jagtiani

et worth: $2.8 biIIion
Micky Jagtiani, CEO of the Landmark Group, is the 21st richest ndian.
With a wealth of $2.8 billion, he is ranked at 354th in the Forbes list of the world's richest people.

22. ndu Jain

et worth: $2.8 biIIion
ndu Jain is The Times Group chairperson.
A promoter of art and culture, she is also a very astute entrepreneur and a noted philanthropist
The Times Group publishes ndia's largest newspapers, including %e %2es of Ind, %e Econo2c
%2es and N,;b,r,9 %2es.
Jain with a net worth of $2.8 billion is ranked 354th in the world. She is the second richest ndian woman and is the
22nd richest person in ndia.

23. Sudhir and Samir Mehta

et worth: $2.1 biIIion
Sudhir and Samir Mehta head the Torrent Group.
The brothers have taken the family business from being just a pharmaceuticals business to a diversified group. The
company has a major presence in the energy business with Torrent Power, which is the Mehtas' most profitable
business.
While Sudhir looks after Torrent Power, younger brother Samir is in-charge of the pharma business.
With a net worth of $2.1 billion, the Mehtas are ndia's 23rd richest people. According to the Forbesworld billionaires' list,
the Mehtas are ranked 463rd.