Wednesday, September 15, 2010

The Top 10 Richest Indian(2010)




1 Mukesh Ambani
Age: 53
Net Worth: $ 27.0 billion
A feud with brother Anil ended this June after their mother brokered a settlement, which is awaiting court approval. Mukesh will maintain control of $16 billion (sales) Reliance Industries, the petrochemicals major whose stock is up more than 40% since the announcement. Primed for a global footprint in the retail business, Mukesh Ambani’s Reliance Group is talking to French retail major, Carrefour, and other global players to acquire a controlling stake and reach out to international consumers with its basket of Indian food produce.




2 Lakshmi Mittal
Age: 60
Net Worth: $ 26.1 billion
Born in a remote village, he got his start when his family moved to Calcutta and opened a small steel mill. He has a personal stake of 87.4 percent in the $22 billion (2004 sales) Mittal Steel. A double-digit drop in U.S and European steel prices led to a 64% fall in third-quarter profits; the past 9 months down only 13%. He recently bought Ukraine's largest steelmaker in a televised auction. After winning the battle for rival Arcelor in June last year, the $34 billion merger created an industry behemoth that now accounts for more than10% of the world’s steel production.


3 Azim Premji
Age: 65
Net Worth: $ 17.9 billion
One of the pioneers of the Indian outsourcing phenomenon, Premji got his major break in 1978 when IBM pulled out of India. He runs technology service giant, Wipro, which has been on a buying spree, picking up firms like Finnish telecom software outfit, Saraware, and Portuguese retail software group Enabler. He owns 82% of New York-listed Wipro, India's third-largest software exporter. His clients include Nokia, Microsoft and Prudential. Wipro lost a few key executives this year, including Vice Chairman, Vivek Paul. “Bangalore Tiger”, a book on Wipro’s rise, was published recently. Premji claims that his ancient Ford Escort is his “lucky car”.

No.4 Shashi & Ravi Ruia

Age : 66

Net worth :$ 15 Billion

The Essar Group is a multinational conglomerate corporation in the sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics as well as Construction headquartered at Mumbai, India. The Group's annual revenues were over USD 15 billion in FY08-09.

Essar began as a construction company in 1969 and diversified into manufacturing, services and retail. Essar is managed by Shri.Shashi Ruia, Chairman – Essar Group and Shri.Ravi Ruia, Vice Chairman Essar Group

SavitriJindal thumb2 Top 10 Richest Man |Person in india 2010   2011

No.5 Savitri Jindal

Age : 60

Net worth :$ 14.4 Billion

Savitri Jindal is an Indian steel baroness, the wealthiest woman in India and the world's 44th richest person. She is the non-executive chairperson ofJindal Steel and Power Limited and JSW Steel, and member of the Haryana Vidhan Sabha, (Legislative Assembly) MLA. She also served as a Minister of Power in the Government of Haryana until 2010. She became the chairperson after her husband, O. P. Jindal, died in a helicopter crash in 2005.[3]

She is noted for being the world's 4th richest mother.





6 Anil Ambani
Age: 51
Net Worth: $ 13.3 billion
After the split with his brother, Anil now runs the newly christened, Anil Dhirubhai Ambani Enterprises Group, an offshoot of the Reliance empire, with interests in telecom, energy and financial services. He has been making high-profile acquisitions, mainly in entertainment and insurance. His was the world’s fastest-growing multi-billion dollar fortune in percentage terms as his wealth tripled in just one year. Anil is Chairman of Reliance Capital and Reliance Communication and Chairman and Managing Director of Reliance Energy. His personal stake in Reliance Communication is 66%. He was chosen as the CEO of the Year at the prestigious Platts Global Energy Awards for 2004.
GautamAdani thumb2 Top 10 Richest Man |Person in india 2010   2011
No.7 Gautam Adani

Age : 48

Net worth :$ 10.7 Billion

Gautam Adani (born June 24, 1962 in Ahmedabad, India) is an Indian businessman. He is the chairman of the Adani Group, a leading trading and export company of India. In september, 2010Forbes magazine announced that Adani is the 7th richest person in India with a personal wealth of US $4.8 billion as of 2010. He is the first billionaire from the city of Ahmedabad.



8 Kushal Pal Singh
Age: 79
Net Worth: $ 9.2 billion
Former army officer turned property baron, Kushal Pal Singh joined his father-in-law's company, Delhi Land & Finance in 1971. He built Gurgaon, his showpiece township on the outskirts of Delhi, by acquiring chunks of land from farmers. Today the DLF group, run by son Rajiv, with daughter Pia overseeing retail projects, is India's biggest real estate developer. The DLF Group has already developed over 35 million sq. ft. of projects across its three key businesses of residential, commercial and retail. This group has already secured/identified close to 250 million sq.ft. of projects for development with ongoing projects of 100 million sq.ft.


9 Sunil Mittal
Age: 53
Net Worth: $ 8.6 billion
Sunil Mittal, Founder, Chairman and Managing Director of Bharati Group can be labeled as the most ambitious telecom entrepreneur in India. His rise from a small bicycle business with borrowed capital to the CMD of Bharati Group was ridden with hurdles. The turning point came in the year 1992 when the Indian Government was awarding licenses for mobile telephone services for the first time. One of the conditions for the Delhi Cellular Service was the bidder had to have some experience as a telecom operator. Mittal clinched a deal with French telecom operator Vivendi. Two years later he secured the rights to serve New Delhi. In 1995, Bharati Cellular Limited was formed to offer cellular services under the brand name AirTel. In 10 years, he has built the Bharti Group into India's largest mobile phone operator, with 14 million customers. Vodafone bought a 10% stake in Bharti Televenture, his joint venture with Singtel, for $1.5 billion in October. The group is now partnering with Axa in a new insurance venture.


10 Kumar Birla
Age: 43
Net Worth: $ 8.5 billion
Kumar Mangalam Birla, Chairman of AV Birla Group, is scaling up his international operations. He is the fourth-generation head of $7.6 billion (sales) Aditya Birla Group, a commodities powerhouse named after his late father. He announced the merger of his fertilizer, finance and textile companies to create Aditya Birla Nuvo. While the exact details of his global expansion program are not known, the broad contours include acquiring a third copper mine in Australia after Nifty and Mount Gordon, putting up a Greenfield acrylic fiber facility in Egypt, enhancing the Alexandria Carbon Black Operation also in Egypt, exploring the possibility of making another acquisition in China and pump priming Birla Copper to global scale in the foreseeable future. Today 30% of the group’s turnover comes from overseas operations.