Forbes India rich list 2018: Mukesh Ambani at the top again; adds $9.3 bn


Reliance Industries' Chairman Mukesh Ambani has emerged as the richest Indian for the 11th consecutive year with a net worth of $47.3 billion, according to Forbes magazine.

Ambani is also the year's biggest gainer, adding $9.3 billion to his wealth amid the continuing success of his Reliance Jio broadband telco 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.

Mittal is followed by the Hinduja brothers at with a net worth of $18 billion and Pallonji Mistry with $15.7 billion.

Other business magnates making 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).

"In a challenging year, which saw the rupee taking a tumble, the country's 100 richest collectively managed to hold their own. Moreover, new billionaires continue to be minted, which indicates that India's entrepreneurial energy is upbeat as ever," said Naazneen Karmali, India Editor of Forbes Asia.
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  1. Adi Singh4 October 2018 at 23:28

    After the NTA Appointment Test, JEE will discharge the reply key of 2019, which will be headed from January 6 to January 20 in various places. The JEE main 201 9 answer key will be distributed in the online mode, so candidates should sign in their records to download it. Most of the correct responses for inquiries asked in the JEE Main Exam will be available in the answer key. To read more click here

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