India, third most generator of billionaires

February 04, 2015 18:23
India, third most generator of billionaires

India is the third nation after US and China, to produce more number of billionaires while Reliance Industries chairman, Mukesh Ambani leads the list of the most richest Indians. Out of the 2,089 billionaires across the world, 97 reside in India and among them, 41 billionaires have inherited wealth while 56 are self made billionaires, said the Hurun Global Rich List-India 2015 of wealthiest in the country.

Mukesh Ambani ranks first in the richest man of India with a wealth of Rs 1.2 lakh crores followed by Sun Pharma's Dilip Shanghvi [Rs 1.02 lakh crores], Pallonji Mistry and family of Tata Sons [Rs 96,000 crore], Wipro's Azim Premji [Rs 84,000 crore], HCL Technologies' Shiv Nadar [Rs 66,000 crore], Kumar Birla of Aditya Birla [Rs 60,000 crore] and last but not least, Sunil Mittal and family [Rs 60,000 crore] are among the top 10 in the India list.

Also India pushed Russia and UK behind in this list and for the first time, it ranked third. Microsoft co-founder Bill Gates regained the first spot with USD 85 billion. Interestingly, China too had more billionaires but the figures weren't disclosed but the report said, 61 percent of Chinese billionaires are self made who did not have any sort of financial support.

- TVR

If you enjoyed this Post, Sign up for Newsletter

(And get daily dose of political, entertainment news straight to your inbox)

Rate This Article
(0 votes)