Fifty Indians, including L.N. Mittal, the Ambani brothers and Azim Premji, have made it to the Forbes list of World Billionaires 2011, as Indians Chinese, Russians and Brazilians raced to catch up with Americans, still at the top.
Indian steel czar Lakshmi Mittal with a net worth of USD 31.1 billion grabbed the sixth place with net profits of ArcelorMittal, world’s largest steel-maker, rising 18-fold to USD 2.9 billion in 2010 on recovery in demand for the commodity and higher margins.
Mukesh Ambani with a net worth USD 27 billion was ranked ninth on the world list, while the head of consumer products to outsourcing giant Wipro, Azim Premji, was next ranked 36th with a net worth of USD 16.8 billion.
“The largest such endowment by an individual in India makes Premji one of Asia’s biggest donors,” said the magazine, referring to a donation of USD 2 billion worth of shares last year to a trust to fund his Azim Premji Foundation.
Among the top 10 Indians on the list were Shashi and Ravi Ruia, with a net worth of USD 15.8 billion, Savitri Jindal and family (USD 13.2 billion), Gautam Adani (USD 10 billion), Kumar Mangalam Birla (USD 9.2 billion), Anil Ambani (USD 8.8 billion), Sunil Mittal and family (USD 8.3 billion), and Adi Godrej and family (USD 7.3 billion).
For the second year in a row, Mexican telecom tycoon Carlos Slim Helu takes the title of world’s richest man with a record-breaking fortune of USD 74 billion. His net worth grew USD 20.5 billion in a year.
Microsoft chairman Bill Gates, 55, was second again as his net worth rose USD 3 billion to USD 56 billion. Warren Buffett, 80, chief executive officer of Berkshire Hathaway Inc., held on to third place with USD 50 billion.
Mark Zuckerberg, the 26-year-old cofounder and chief executive officer of social-networking website Facebook Inc. jumped to 52nd this year from 212th place last year.
There are now 1,210 billionaires in the world and 214 new members joined the club in 2010, while only 47 dropped off the list last year. The US still dominates, with 413 billionaires, compared to Asia, which came in second with 332.
The US gained 23 new billionaires and lost 13, recording a net gain of 10. Asia cranked out 98 new billionaires last year, and their combined fortunes jumped 37 percent.
The BRIC (Brazil, Russia, India, China) countries alone accounted for 108 new billionaires, giving them a total of 301. China had the most new billionaires, with 54 and a total of 115. Moscow displaced New York as the city with the greatest number of billionaires with 79, compared with 58.
The Asia-Pacific region had more billionaires than Europe for the first time in more than 10 years and gained the most billionaires of any region, with 105 newcomers.
Here is a complete list of Indian billionaires in order of India Rank, World Rank, Name, Net Worth, Age, Source:
1.. 6 Lakshmi Mittal USD 31.1 B 60 Steel
2.. 9 Mukesh Ambani USD 27 B 53 petrochemicals, oil & gas
3.. 36 Azim Premji USD 16.8 B 65 Software
4.. 42 Shashi & Ravi Ruia USD 15.8 B 67 Diversified
5.. 56 Savitri Jindal & family USD 13.2 B 60 Steel
6.. 81 Gautam Adani USD 10 B 48 commodities, infrastructure
7.. 97 Kumar Birla USD 9.2 B 43 commodities
8.. 103 Anil Ambani USD 8.8 B 51 Diversified
9.. 110 Sunil Mittal & family USD 8.3 B 53 telecom
10. 130 Adi Godrej & family USD 7.3 B 68 Diversified
11. 130 Kushal Pal Singh USD 7.3 B 79 real estate
12. 154 Anil Agarwal USD 6.4 B 57 mining, metals
13. 159 Dilip Shanghvi USD 6.1 B 55 pharmaceuticals
14. 182 Shiv Nadar USD 5.6 B 65 Information technology
15. 265 Malvinder & Shivinder Singh USD 4.1 B 38 healthcare
16. 310 Kalanithi Maran USD 3.5 B 45 media
17. 347 Uday Kotak USD 3.2 B 51 banking
18. 376 Micky Jagtiani USD 3 B 59 Retail
19. 393 Subhash Chandra & family USD 2.9 B 60 media
20. 440 Pankaj Patel USD 2.6 B 57 pharmaceuticals
21. 440 Indu Jain USD 2.6 B 74 media
22. 440 G. M. Rao USD 2.6 B 60 infrastructure
23. 512 Cyrus Poonawalla USD 2.3 B 69 biotech
24. 540 Rajan Raheja & family USD 2.2 B 56 Diversified
25. 564 Desh Bandhu Gupta USD 2.1 B 73 pharmaceuticals
26. 595 N.R. Narayana Murthy & family USD 2 B 64 Software
27. 595 Gautam Thapar USD 2 B 50 engineering, paper
28. 595 Sudhir & Samir Mehta USD 2 B 56 Diversified
29. 595 Aloke Lohia USD 2 B 52 chemicals
30. 651 Venugopal Dhoot USD 1.9 B 59 electronics
31. 651 Chandru Raheja USD 1.9 B 70 real estate
32. 692 Nandan Nilekani & family USD 1.8 B 55 Software
33. 736 Ajay Kalsi USD 1.7 B N/A oil
34. 782 Rahul Bajaj USD 1.6 B 72 motorcycles
35. 782 Senapathy Gopalakrishnan & family USD 1.6 B 55 Software
36. 833 Brijmohan Lall Munjal USD 1.5 B 87 motorcycles
37. 833 K. Anji Reddy USD 1.5 B 69 pharmaceuticals
38. 879 Vijay Mallya USD 1.4 B 55 liquor
39. 879 Ajay Piramal USD 1.4 B 55 pharmaceuticals
40. 879 Vikas Oberoi USD 1.4 B 40 real estate
41. 938 Baba Kalyani USD 1.3 B 62 Engineering
42. 938 Rama Prasad Goenka USD 1.3 B 81 Diversified
43. 993 Keshub Mahindra USD 1.2 B 87 Diversified
44. 993 K Dinesh & family USD 1.2 B 56 Software
45. 993 Rakesh Jhunjhunwala USD 1.2 B 50 Investments
46. 993 Brij Bhushan Singal USD 1.2 B 74 Steel
47. 1057 Yusuf Hamied & family USD 1.1 B 74 Pharmceuticals
48. 1057 S.D. Shibulal & family USD 1.1 B 56 Software
Read More
Read More
