Forbes India Rich List 2009 comparison with China 400 rankings
Recently released Forbes India Rich List has indicated that Adani Enterprises chief Gautam Adani, Founder and Promoter of Adani Power Ltd. is among top ten Indian billionaires. His total wealth stood at $6.4 billion. His home town is Ahmadabad.
The introduction of Gautam Adani is that he is a College dropout, spurned father’s textile trading business; imported scarce plastic polymers, then moved into commodity exports.
Listed Adani in 1994. Diversified into infrastructure 1998, building Mundra Port, one of first private-sector ports, on western coast. He is Yoga fanatic.
In the battle for the top place in the Forbes India Rich List Reliance Industries’ Chairman Mukesh Ambani secured the top position again with a net worth of USD 32 billion. His fortune of $32 billion, more than five times the $5.8 billion net worth of BYD’s Wang Chuanfu, China’s richest citizen at the time forbes published China 400 rankings earlier this month. (Wang’s fortune has since dropped along with BYD’s shares.)
Steel tycoon and Chairman and CEO of ArcelorMittal, Lakshmi Mittal and Anil Ambani, Chairman of Anil Dhirubhai Ambani Group stood on second and third positions with net worth of USD 30 billion and USD 17.5 billion respectively. Overall, the top three are worth $79.5 billion, $25.7 billion more than their combined sum a year ago, though still far shy of their record total of $145 billion in 2007. The top 10 are worth $155 billion, a 60% increase over last year and four times that of China’s top 10.
The number of Indian billionaires this year has almost doubled to 52 this year in Forbes’ India Rich List. The net worth of the top 10 has gone up from USD 97 billion to USD 155 billion, a jump of 60%.
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