- The definitive Forbes list of top 10 everything and everyone on the planet has predictably and yet again named Mukesh Ambani as the richest Indian. The 53 year old Chairman of Reliance Industries has now been the richest Indian 8 years in a row with a net worth of $23.6 billion.
- All the other usual suspects can also be found here: at No 2 is Dilip Shanghvi, founder of Sun Pharmaceutical Industries, followed by Wipro’s Azim Premji, Pallonji Mistry of the Shapoorji Pallonji Group, steel magnate Laxmi Mittal, the Hinduja Brothers, Shiv Nadar of HCL Technologies, the Godrej family, Kumar Birla and Sunil Mittal & Family at No 10. (Source – Forbes)
- For the first time this year, the top 100 wealthiest Indians are all billionaires – and yes that would be billion in dollars not in rupees. These top 100 boast a with combined wealth of $346 billion and the growth has seen a spurt since the beginning of this year, the stock market having gained 28% in that period. Gautam Adani good friend of the new Prime Minster, seems to have prospered the most and the fastest, having added $4.5 billion to his wealth. He is No. 11 on the Forbes list by the way.
- Mr Adani is likely to only get richer it would seem. He is set to gain as coal imports are likely to increase in the aftermath of the Supreme Court’s verdict on coal blocks. (Source – DNA )
- Among the most powerful women in Asia, Chairman and Managing Director of State Bank of India, Arundhati Bhattacharya is at No 3. Also among the top 20 most powerful Asian women are India’s Vinita Gupta of chief executive of Lupin, Chanda Kochar who is MD and CEO of ICICI Bank.
- Turns out that the rich and famous in India have taken a particular liking to sport. While cricket and more particularly the IPL teams has been a happy hunting ground for the rich and famous, Pro Kabaddi has been the latest to catch their fancy. Anand Mahindra, banker Uday Kotak and retail king Kishore Biyani are among those who’ve jumped on to the kabaddi bandwagon.
- Indians are rich at home and abroad it would seem: there are 5 Indian born people in the Forbes list of richest Americans: Bharat Desai of Syntel, John Kapoor, Symphony Technology founder Romesh Wadhwani, Silicon Valley angel investor Kavitark Ram Shriram and venture capitalist Vinod Khosla are named among the 400 richest Americans. (Source – NDTV Profit)
- Among India’s top brands, the value of the Tata Group has risen the most – rising by $3 billion to $21billion or 16%. Other top Indian brands that have witnessed a burgeoning of their fortunes are Godrej, HCL and L&T. |(Source – Money Control)
Image Source – Forbes