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India ranked fifth in Global Rich List; Mukesh Ambani richest Indian with fortune of $18 billion - Economic Times
NEW DELHI: India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance IndustriesBSE 1.18 %, is the country's richest man with a personal fortune of $18 billion, says a report.
According to China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping $68 billion.
Other noted Indians in the list include Lakshmi N Mittal ranked 49th with a personal net worth of $17 billion.
Dilip Sanghvi of Sun Pharmaceutical IndustriesBSE -0.89 % and Wipro's Azim Premji both ranked 77th with a personal wealth of $13.5 billion each. Tata Sons' Pallonji Mistry ranked 93rd with a personal wealth of $12 billion. SP Hinduja & family was ranked 93rd on the list, with a net worth of $12 billion.
In the global rich list, Gates was followed by Berkshire Hathaway's Warren Buffett (2nd) with a personal wealth of $64 billion and Amancio Ortega of Inditex was ranked 3rd with $62 billion fortune.
The fourth position was claimed by Carlos Slim Helu & family ($ 60 billion) while Oracle's Larry Ellison with $60 billion was ranked fifth.
The report said that during the past year the Indian rupee weakened 12% against the US Dollar, making it harder for Indians to make the cut- ..
NEW DELHI: India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance IndustriesBSE 1.18 %, is the country's richest man with a personal fortune of $18 billion, says a report.
According to China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in the list that was topped by Bill Gates, whose personal networth stood at a whopping $68 billion.
Other noted Indians in the list include Lakshmi N Mittal ranked 49th with a personal net worth of $17 billion.
Dilip Sanghvi of Sun Pharmaceutical IndustriesBSE -0.89 % and Wipro's Azim Premji both ranked 77th with a personal wealth of $13.5 billion each. Tata Sons' Pallonji Mistry ranked 93rd with a personal wealth of $12 billion. SP Hinduja & family was ranked 93rd on the list, with a net worth of $12 billion.
In the global rich list, Gates was followed by Berkshire Hathaway's Warren Buffett (2nd) with a personal wealth of $64 billion and Amancio Ortega of Inditex was ranked 3rd with $62 billion fortune.
The fourth position was claimed by Carlos Slim Helu & family ($ 60 billion) while Oracle's Larry Ellison with $60 billion was ranked fifth.
The report said that during the past year the Indian rupee weakened 12% against the US Dollar, making it harder for Indians to make the cut- ..
