Rich List

  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    New Delhi: India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of $18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st...
  • Ravi Pillai: From farmer's son to construction tycoon November 28, 2013

    Ravi Pillai Chairman and MD, RP Group of Companies Age: 60 Rank in the Rich List: 34 Net Worth: $1.7 billion The Big Challenge Faced in the Last Year: A huge shortage of skilled workforce. To overcome this, is planning to set up technical training institutes in India, Middle East and other countries. The Way Forward:...
  • Sunil Mittal: Riding the high tide in Indian telecom November 28, 2013

    Sunil Bharti Mittal Chairman and managing director, Bharti Enterprises Age: 55 Rank in the Rich List: 10 Net Worth: $6.6 billion The Big Challenge Faced in the Last Year: Steadying Airtel's operations and maintaining its market leadership in a highly competitive, regulated and, yet, uncertain sector The Way Forward: Focusing on converting more voice customers to...
  • India Rich List 2013: The drop-outs November 19, 2013

    Those whose net worth eroded due to factors such as economic uncertainty, policy changes and, in some cases, sheer bad luck. MG George, Muthoot Finance #55 in 2012 At one point, Muthoot Finance was India's leading lender against gold. Revenues and profits had doubled last year, with the spurt in gold prices, taking...
  • Biggest gainers and losers on India Rich List 2013 November 19, 2013

    Ups and downs are part and parcel of wealth creation. This list reflects just that. Here are the biggest gainers and losers over the last year, ranked in terms of percentage change in net worth. The Biggest Gainers BR Shetty New Medical Centre Group, UAE + $340 million (+63 per cent) (Rank 72;...
  • Forbes India rich list and Kerala's Gulf connection October 29, 2013

    New Delhi: Two new entrants to the Forbes India Richest People have made their money in the Gulf. Interestingly, both are from Kerala. The two newest entrants in Forbes list of richest Indians have amassed billion dollar fortunes with businesses in Saudi Arabia and Abu Dhabi after emigrating from Kerala. "Ravi Pillai,...
  • Mukesh Ambani tops the Forbes India rich list yet again October 29, 2013

    New Delhi: Reliance Industries Limited Chairman Mukesh Ambani has retained the top spot in the Forbes India this year as well with a wealth of $21 billion. The Forbes India rich list shows modest gains for India's richest due to a stumbling economy. Steel magnate Lakshmi Mittal also retains his...
  • Lakshmi Mittal puts palatial London home up for sale May 26, 2013

    London: The credit crunch seems to be taking its toll on one of the world's richest Indians Lakshmi N Mittal, who has put up one of his mansions in central London up for sale. The steel tycoon had bought the property on Palace Green in Kensington for 117 million pounds...
  • Mukesh and Anil Ambani 20th richest in world: Times report April 21, 2013

    London: India's leading industrialist brothers, Mukesh and Anil Ambani, have been together listed as 20th richest in the world in the Sunday Times Rich List 2013. The brothers, who have separate industrial empire in India, have been clubbed together under the category of Petrochemicals and they are jointly assessed worth...
  • Vijay Mallya exits Forbes rich list as his fortune dips March 5, 2013

    New York: Liquor baron Vijay Mallya has been moved out of Forbes' global rich list of 1,226 billionaires, even as the number of Indians in this elite club has grown since last year. With a net worth of USD one billion, Mallya was ranked 45th among 48 Indians on this...
  • Real Madrid, Barcelona top football's rich list January 24, 2013

    London: Real Madrid and rivals Barcelona proved that passion for Spanish soccer remains undimmed despite the country's financial crisis, cementing their place as the highest revenue earners in the world's most popular sport, business services group Deloitte said on Thursday. Real, who won the Spanish league last May for the 32nd...
  • Mallya loses billionaire tag; net worth down to $ 800 mn October 25, 2012

    New York: Liquor baron Vijay Mallya, often referred to as 'King of good times', has lost his billionaire tag as "bad times" in his aviation business have dragged down his net worth to below the $ 1 billion mark. According to Forbes magazine's India rich list released on Thursday, Mallya...
  • Forbes rich list: The top 10 richest in India October 25, 2012

    New Delhi: Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $ 21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list. Lakshmi Mittal has attained the second spot with $16...
  • Mukesh Ambani tops Hurun India rich list October 11, 2012

    New Delhi: Reliance Industries chairman Mukesh Ambani, with a personal fortune of $19.3 billion, is the richest Indian, China-based research firm Hurun said in a report Wednesday. Ambani is followed by Arcelor-Mittal chief LN Mittal, whose wealth is pegged at $16.9 billion. In terms of personal fortune, Ambani and Mittal...
  • Lakshmi Mittal retains top spot in UK rich list April 29, 2012

    London: Indian steel tycoon Lakshmi Mittal and his family retained their top spot as Britain's richest for the seventh year in succession while the combined worth of the country's 1000 wealthiest individuals defied double-dip recession to reach record levels during the last year. Mittal, 61, and his family's worth...
  • Real Madrid, Barcelona top soccer's rich list February 9, 2012

    London: Real Madrid and Barcelona are soccer's biggest moneymakers for the third straight year and look set to top their rivals for the foreseeable future. The annual review of soccer finance by Deloitte shows Madrid topping the list for the seventh straight year with revenue of $636.5 million for the year...
  • Less faith in concept of free market: Arun Maira November 18, 2011

    "There comes a tide in the affairs of men," Shakespeare cautioned. Tsunami warnings are now ringing about the global economy. The global financial system is under stress. Economic growth is stumbling. Confidence in governments is decreasing everywhere. Multilateral institutions like the WTO (World Trade Organization) and IMF (International Monetary Fund),...
  • The highs and lows of the richest Indians November 15, 2011

    Reflecting the global turmoil, the fortunes of a majority of the richest Indians fell this year. Even then, 15 individuals managed to break into his exclusive club. Oh, the ways of wealth! After two years of unprecedented richness, the 100 richest people in India have turned poorer in 2011. With the...
  • Banking at high velocity: Uday Kotak November 11, 2011

    Uday Kotak Age: 52 Profile: Founder of Kotak Mahindra Bank and India’s first billionaire banker. Rich List Rank: 15 Wealth: $ 3.6 billion His Strength: -Building a team that enjoys what it does. -During every crisis, the entire top team would huddle together like a cricket team To see how far Uday Kotak has come, you don’t have...
  • Real estate was an accidental entry for Razack November 8, 2011

    Name: Irfan Razack Age: 58 Profile: CEO of Bangalore-based Prestige Constructions, a company promoted by his family Rich List Rank: 87 Wealth: $ 550 million Did You Know? The Razack family got into the real estate business while looking to buy property to avoid being taxed after the sale of their family home in the...
  • Ajay Kalsi: A self-made man unafraid to take risks November 8, 2011

    Ajay Kalsi Age: 49 Profile: Founder and chief executive of London-listed oil and gas outfit Indus Gas Rank: 38 Wealth: $ 1.39 billion Did you know? He is building a new wave pool for his daughter who is fond of swimming. The pool is about the size of four Olympic pools. Ajay Kalsi of Indus Gas is...
  • 30 corporate honchos get Rs 1 crore-plus salary May 29, 2011

    New Delhi: Mukesh Ambani has got the company of at least 29 fellow corporate executives, including four from his own group Reliance Industries, in terms of annual salaries running into crores of rupees for the latest fiscal. These include JSW Energy's Sajjan Jindal, Hindustan Construction's Ajit Gulabchand, Raymond's Gautam Hari...
  • Bill Gates still richest American, says Forbes September 24, 2010

    NEW YORK: Things are on the up for U.S. billionaires with more than half of them adding to their net worth in a year which once again saw Bill Gates as the richest of them all, Forbes magazine said on Wednesday. Gates, founder of Microsoft, was the richest person in the...
  • Two Indians among Malaysia's 40 wealthiest May 27, 2010

    Washington: Two persons of Indian origin figured among Forbes list of Malaysia's 40 richest as the rebounding Malaysian economy expanded 10 per cent in the first quarter of 2010, its highest growth rate in a decade. Malaysia's 40 wealthiest are worth a total of $ 51 billion, up from $ 36...
  • Forbes India: How much money is too much? November 23, 2009

    Subroto Bagchi: I have a personal question. When I was a little boy, my mother said that you have Lakshmi and you have Saraswati, two very pretty women, extremely jealous and she said that if I follow Lakshmi, then Saraswati will shun me and if I follow Saraswati, probably Laksmhi...
  • Forbes India lists India's richie rich people November 20, 2009

    Forbes India Rich List is out with over 52 billionaires. The list is nearly double from just 27 in 2008. The combined net worth of India's 100 richest people is almost a quarter of the country's GDP at $ 276 billion. ...
  • Ambani brothers, Mittal lead Forbes' India Rich List November 19, 2009

    Mumbai: Mukesh Ambani has emerged as the wealthiest person in India with a net worth of $32 billion, as the number of Indian billionaires in Forbes' "India Rich List" this year has nearly doubled to 52, thanks to the rebound in stock markets. London-based Lakshmi N Mittal with $30 billion,...
  • Mittal poorer by £16.9 bn, still richest man in UK April 26, 2009

    London: Non-Resident Indian steel tycoon Lakshmi Mittal continues to be the richest man in the UK in 2009, despite his wealth dwindling by £ 16.9 billion in a year owing to the global recession, The Sunday Times Rich List claimed on Sunday. India's Mukesh and Anil Ambani have been jointly ranked...
  • 4 Indians in Forbes Rich CEO List February 6, 2009

    New Delhi: The crisis has hit home. The Labour Ministry's figures show 5 lakh job losses between October and December last year with maximum losses in the gems and jewellery sector, followed by the automobile and transport sectors, metals, and textiles. India Inc is reeling under the recession but not all...
  • Four Indians in Forbes wealthiest CEOs list February 5, 2009

    New Delhi: In times such as these, when CEOs are taking thin pay cheques, four Indians have made it to the list of wealthiest CEOs. Incidentally, there's been a drastic drop in everyone's assets due to global recession. Nonetheless, the Forbes list of 10 wealthiest CEOs in the world places...