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Wednesday, February 4, 2015

India among top 3 nations generating most billionaires: Report


The India list gives details of the richest people in the country with a cut off wealth of Rs 6,000 crore. Mukesh Ambani with a a wealth of Rs 1.2 lakh crore tops the list among billionaires in the country, followed by Dilip Shanghvi of Sun Pharma with an estimated wealth of Rs 1.02 lakh crore.
    
Pallonji Mistry and family of Tata Sons with Rs 96,000 crore assets are in the third place.
    
"It has been a busy year for the energy tycoon whose flagship company Reliance last year sought approval of Rs 78,000 crore expansion to their existing refinery business. Ambani also bought out one of the largest media houses, Network 18, for Rs 4200 crore," the report said.
    
This is the first time India is among the top three countries with the maximum number of billionaires. While US tops the list, China is in second place followed by India, as per the list prepared by Hurun Global Rich list report which was prepared by its India head office at Kochi.

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