Forbes India Rich List 2018: Mukesh Ambani is the richest Indian for 11th consecutive year

Forbes India Rich List 2018: Mukesh Ambani is the richest Indian for 11th consecutive year
Forbes India Rich List 2018: Mukesh Ambani is the richest Indian for 11th consecutive year

Forbes India Rich List 2018: Mukesh Ambani is the richest Indian for 11th consecutive year

According to the Forbes’s annual list of India’s 100 richest; Mukesh Ambani has been named the richest Indian for the 11th consecutive year with a net worth of $47.3 billion.
 
Reliance Industries’ Chairman Mukesh Ambani is also the year’s biggest gainer, adding $9.3 billion to his wealth amid the continuing success of his Reliance Jio broadband telecom service.
 
As per the ‘Forbes India Rich List 2018’, Wipro Chairman Azim Premji has retained the second spot, adding $2 billion to his wealth at $21 billion; while ArcelorMittal Chairman and CEO Lakshmi Mittal moved a place ahead to the third slot with a net worth of $18.3 billion, increasing his wealth by $1.8 billion.
 

Hinduja brothers occupy 4th position with net worth of $18 billion and Pallonji Mistry is at 5th spot with $15.7 billion.

Other business person in the top 10 list are Shiv Nadar ($14.6 billion), Godrej family ($14 billion), Dilip Shanghvi ($12.6 billion), Kumar Birla ($12.5 billion) and Gautam Adani ($11.9 billion).
 
Biotechnology pioneer Kiran Mazumdar-Shaw has emerged as the biggest percentage gainer of the year, with increase in net worth by 66.7% to $3.6 billion.
 

Patanjali Ayurved’s co-founder Acharya Balkrishna’s rank dropped six notches to number 25 with his wealth shrinking to $4.8 billion this year from $6.55 billion in 2017.
 
Paytm’s Vijay Shekhar Sharma climbed 25 ranks, with his wealth growing to $2.15 billion.

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