Mukesh tops Forbes list of India`s richest

New Delhi, Sep 30 (PTI) Reliance Industries Ltd Chairman
Mukesh Ambani has topped Forbes magazine's list of the 100
richest Indians for the third year in-a-row, pipping
billionaires like L N Mittal and Azim Premji with a net worth
of USD 27 billion.
As per the Forbes research study, the combined net worth
of India's 100 richest people rose to USD 300 billion this
year from USD 276 billion last year, driven by the country's
booming economy and a rally in the stock market.
According to the Forbes India Rich List, there are 69
billionaires this year, compared to 52 last year.
Ambani was followed by the steel baron Lakshmi Mittal,
who retained his second position in the list with a net worth
of USD 26.1 billion. However, the wealth of both of these
billionaires is believed to have slipped by 15 per cent from
the previous amount.
Mukesh's younger sibling Anil Ambani lost the third spot
on the list to IT major Wipro and fell to sixth rank.
Premji's wealth has increased to USD 17.6 billion from
USD 14.9 billion last year, taking him to the third spot from
the fourth place last year.
Fourth on the list was Essar Energy brothers Shashi and
Ravi Ruia with a net worth of USD 15 billion, bolstered by the
company's IPO in London, which raised USD 1.85 billion. PTI