Consecutively for the fifth time, Reliance Industries chairman, Mukesh Ambani has been named the richest Indian by the renowned Forbes Magazine. His net worth was estimated at $21 billion (Rs 1,12,703.32 Cr), for the most valuable company in the nation. Though his wealth had been falling since the past three years, he still remains to be the riches in the nation.

Steel magnate Lakshmi Mittal, who once was named the richest, followed Ambani on the list with a total worth of $ 16 Billion though his shares have been reeling under pressure from the fluctuating demand of the European market.

Azim Premji, the founder of Wipro, is third with a net worth of $12.2 billion.

Shapoorji Pallonji Group's Pallonji Mistry with $9.8 billion, Sun Pharmaceuticals' Dilip Shanghvi with $9.2 billion Adi Godrej of the Godrej group($9 billion), Savitri Jindal, OP Jindal group($8.2 billion), Shashi & Ravi Ruia of the Essar group($8.1 billion), the Hinduja brothers ($8 billion), and Kumar Manglam Birla, the youngest Indian billionaire ($7.8 billion) of the Aditya Birla Group were the ones listed amongst the 10 richest folk of India.

(AW- Anil)