This Article is From Nov 23, 2011

Mukesh Ambani tops Forbes’ India rich list

Mukesh Ambani tops Forbes? India rich list

Highlights

Reliance Industries Chairman Mukesh Ambani has topped Forbes’ India Rich List for third consecutive year with net worth of $27 billion, Forbes Magazine has reported.

Ambani is followed by Arcelor Mittal Chairman Lakshmi Mittal with wealth totaling $26.1 billion. Third in the list in Wipro Chairman Azim Premji, whose net worth is pegged at $17.6 billion.

The combined fortune of India's 100 richest people rises to $300 billion from $276 billion last year, says Forbes India.

India’s booming stock market and a rapidly expanding economy (growing by 8.5 per cent) are primary reasons that have boosted the net worth of the rich.

The top 10 richest in India are:

1 ) Mukesh Ambani; $27 billion

2 ) Lakshmi Mittal; $26.1 billion

3 ) Azim Premji; $17.6 billion

4 ) Shashi & Ravi Ruia; $15 billion

5 ) Savitri Jindal; $14.4 billion

6 ) Anil Ambani; $13.3 billion

7 ) Gautam Adani; $10.7 billion

8 ) Kushal Pal Singh; $9.2 billion

9 ) Sunil Mittal; $8.6 billion

1 0 ) Kumar Birla; $8.5 billion