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Mittal, Ambani bros among Forbes top 10 super-rich

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Agencies

Posted online: Thursday , March 06, 2008 at 03:13:16


New York, March 6: In changing sweepstakes in world's billionaire club, India's Anil Ambani has emerged as the biggest wealth creator, while famed American investor Warren Buffett has overtaken software czar Bill Gates and Mexican tycoon Carlos Slim to lead the list of world's richest people released by Forbes on Thursday.

As many as four Indians -- steel tycoon Lakshmi Mittal, Mukesh Ambani, his estranged younger brother Anil and realty baron K P Singh -- have made it to top 10 positions, as against just one, Mittal, a year ago.

India has retained its position as the top source of billionaires in Asia with total 53 people, who have a cumulative networth of 340.9 billion dollars on Forbes' 2008 World's Billionaires list consisting of 1,125 people with a combined wealth of 4.4 trillion dollars. A year ago, there were just 179 billionaires, Forbes said.

With a networth of 62 billion dollars, Buffett has topped the list, followed by Carlos Slim Helu (60 billion dollars) and Bill Gates (58 billion dollars) on second and third positions.

These three are followed by three Indians -- Lakshmi Mittal (45 billion dollars), Mukesh (43 billion dollars) and Anil (42 billion dollars) on fourth, fifth and sixth ranks.

Besides, DLF's K P Singh (30 billion dollars) has been ranked, after Sweden's Ingvar Kamprad (31 billion dollars).

Other two in the top 10 are Russia's Oleg Deripaska Forbes said that Anil Ambani is the biggest gainer with wealth soaring by 23.8 billion dollars since the last list. He is only one billion dollars behind his brother Mukesh, who is the second biggest gainer with a rise of 22.9 billion dollars in his networth.

Lakshmi Mittal has gained 13 billion dollars from last year, pushing him one place higher to fourth rank this year.

Among Indians, Mittal, Ambanis and Singh are followed by Essar group's Shashi and Ravi Ruia at 43rd rank globally with a combined networth of 15 billion dollars, Wipro's Azim Premji (60th with 12.7 billion dollars), Sunil Mittal and family (64th with 11.8 billion dollars) and Kumar Birla (76th with 10.2 billion dollars).

These are followed by Unitech's Ramesh Chandra (86th with 9.6 billion dollars), Guatam Adani (91st with 9.3 billion dollars), Savitri Jindal (110th with 8.2 billion dollars), Anil Agarwal (164th with 6 billion dollars), Adi Godrej (178th with 5.5 billion dollars) and GMR's G M Rao (198th with 5.2 billion dollars).

Forbes said that the number of billionaires has crossed into four figure for the first time and two-third of them are self-made billionaires, having built their empires from scratch.

The total number of Asian billionaires jumped by a third to 211 with a total wealth of 804 billion dollars, up from 552 billion dollars last year. The latest list is based on networth valued as on February 11.

India is followed by China (42), Hong Kong (26) and Japan (24) as the top source of billionaires in Asia.

The list has 469 US billionaires with a total of 1.6 trillion dollars wealth, while there are 656 non-US billionaires worth a total of 2.8 billion dollars.

Another Indian businessman Guatam Adani has emerged as Asia's richest newcomer to the list with a networth of 9.3 billion dollars, while Anand Jain -- a friend of Reliance Industries Chairman Mukesh Ambani -- is the sixth richest newcomer with 3.4 billion dollars. In Asia, China and India are the two top countries for newcomers with 28 and 19 billionaires respectively.

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hi by dhivya on 25 Jun 2008

hi good evening.reliance has become india's no.1 company

To all Rich Humans : Donate food ! its the best form of donation. by kapilg9 on 16 Apr 2008

To all Rich Humans : Buy me for Rs 200 crores and I assure you that I will donate 100 crores for free food charity in India and also earn you big reputation and success thru other works of new business and more charity.See for your self the uncut diamond worth billions just waiting to you!Food Donation The best way of donation in Kalyug!

Great Business Of The Year08 by anirban mullick on 08 Mar 2008

I am student of NIIT. I work in your company because your company is great deal in Mittal Group.

Now gain respect and love by satish on 07 Mar 2008

Messrs Ambani, Mittal and others, how long will you live more. do some good job of charity and when you'll leave this world, people will still remember you as someone great and will have a lot of respect and love for your kins which is unvaluable

charities by Syed Zainulabedin on 06 Mar 2008

Bill Gate is spending million dollors for AIDS, in the world and even in India where as Indian billionares are not spending single rupee for this or other programs. Warren Buffet donated 75% of his wealth for charity where as our billionars have not earmarked 5% of their wealth for charities.

Don't look for help you will be taken advantage of. by Rao on 06 Mar 2008

wooooo...lots and lots of money. People forget about their charities and work hard to become one. Then you can donate as much as you want. I wish I will be a billionaire one day.

Indian businessmen by Kiran on 06 Mar 2008

Dawood Ibrahim, Chota Rajan, Gawli does charity contribution too. Most of the Indian businesses don't pay their employees well. But do charity work. How good is that? Ambanis are not good payers. But he builds a palace for himself at a cost of 1 billion dollars. Shame on him.

Rich Indians by anil bharali on 06 Mar 2008

It is important that Mittal and Ambani group become richer.It will be a very good news if they come with programmes with more serious social reponsibilities.Thenonly the people of india will share with their prosperity in true sense.

hi by nikunj on 06 Mar 2008

hi

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