Ambani Tops India’s Rich as Billionaires’ List Swells
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Mukesh Ambani held his ranking as India’s richest person with net worth of $27 billion as the nation’s economic expansion and a stock market rally created a record number of billionaires, Forbes India said.
Arcelor Mittal Chairman Lakshmi Mittal was second richest with $26.1 billion this year, while Wipro Ltd. Chairman Azim Premji ranked third with net worth of $17.6 billion, the magazine said in an e-mailed statement today. Brothers Shashi and Ravi Ruia, whose Essar Group has interests in oil refining, steel and power generation, climbed one level to fourth position with a combined wealth of $15 billion.