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10 richest Indians in 2012: Forbes

India's economy may have slowed down. But the collective net worth of India's richest has jumped 3.7 per cent to $250 billion from $241 billion last year. Here are the top 10 richest Indians according to Forbes India rich list.
10 richest Indians in 2012: Forbes
India's economy may have slowed down, but the collective net worth of India's richest has jumped 3.7 per cent to $250 billion from $241 billion last year.

Forbes India's recent top 10 rich list has not many surprises. While Reliance Industries chairman Mukesh Ambani stays firmly entrenched at the top for the fifth time in a row, Sun Pharma promoter Dilip Sanghvi makes it to the top 5 for the first time. Read on to know who the other rich Indians are.
10 richest Indians in 2012: Forbes
Rank 1 | Mukesh Ambani | $21 billion

Mukesh Ambani is on the top of the list for the fifth time with a net worth of $21 billion. The senior Ambani stayed firm in the number one slot despite his fortune declining for three consecutive years.
10 richest Indians in 2012: Forbes
Rank 2 | Lakshmi Mittal | $16 billion

With a net worth of $16 billion, steel magnate Lakshmi Mittal is second on the list even as shares of ArcelorMittal have been under constant pressure on rising input costs and a fall in demand from Europe.

Mr Mittal's fortune has dropped more than $3 billion in the past year, and $10 billion in two years.
10 richest Indians in 2012: Forbes
Rank 3 | Azim Premji | $12.2 billion

Azim Premji, the founder of Wipro, is third with a net worth of $12.2 billion even though shares of the IT company remained flat on concerns over outsourcing. He is also Asia's most generous with a donation of $2 billion from his personal fortune in 2010.
10 richest Indians in 2012: Forbes
Rank 4 | Pallonji Mistry | $9.8 billion

Pallonji Mistry, chairman of construction firm Shapoorji Pallonji Group, comes next with a net worth of $9.8 billion. Mr. Mistry owns 18.4 per cent stake in Tata Sons, making him the single largest shareholder in the group. His son Cyrus is the deputy chairman of the conglomerate and will succeed Ratan Tata in December. Rank 5 | Dilip Shanghvi | $9.2 billion

Dilip Shanghvi (above), the founder and managing director of Sun Pharmaceuticals, India's most valuable drug maker, comes next. With a net worth of $9.2 billion, Mr Shanghvi has made it to the list for the first time after shares of the pharma company soared 48 per cent in one year.
10 richest Indians in 2012: Forbes
Rank 6 | Adi Godrej | $9 billion

The chairman of the 115-year old Godrej Group was ranked next with a fortune of $9 billion. Mr. Godrej is also the president of the Confederation of Indian Industry. His family's fortune has risen due to rising value of 3,500 acre estate in Mumbai.
10 richest Indians in 2012: Forbes
Rank 7 | Savitri Jindal | $8.2 billion

Mother of Sajjan Jindal and chairperson of the OP Jindal Group, is the seventh richest Indian and the richest woman in India with a net worth of $8.2 billion, according to the Forbes list. However, the family's fortune has fallen $1.3 billion in the past year.
10 richest Indians in 2012: Forbes
Rank 8 | Shashi & Ravi Ruia | $8.1 billion

Shashi (seen here on left) and Ravi Ruia of the multinational conglomerate Essar Group come next with a combined net worth of $8.1 billion.
10 richest Indians in 2012: Forbes
Rank 9 | Hinduja Brothers | $8 billion

The four Hinduja brothers - Srichand (above), Gopichand and Prakash and Ashok have debuted in the list with a net worth of $8 billion. Ashok Leyland is the flagship company of the Hinduja Group, which has extensive automotive, oil and wealth management operations around the globe.
10 richest Indians in 2012: Forbes
Rank 10 | Kumar Manglam Birla | $7.8 billion

One of the youngest billionaires in India, Kumar Mangalam Birla, chairman of the Aditya Birla Group, is ranked at the tenth spot with a net worth of $7.8 billion.

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