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Shvoong Home>Internet & Technology>Online Business>http://www.forbes.com/ Review

http://www.forbes.com/

Website Review   by:Mwandishi    
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India has the world’s most richest people!

According to Forbes’ magazine annual ranking of the world’s wealthiest
people, of the top 10 billionaires India has 4. Top on the list
according to Forbes’ estimates is Warren Buffet with a whopping 62
billion dollars.

What stands out is that India has the most number of billionaires in
the top ten. These include:
Lakshmi Mittal worth an estimated 45 billion dollars (steel)
Mukesh Ambani worth an estimated 43 billion dollars
(petrochemicals)
Anil Ambani worth an estimated 42 billion dollars (Diversified)
K. P. Singh worth an estimated 30 billion dollars (Real Estate)

Lakshmi Mittal born in 1950 is a London based industrialist. The
richest man in Europe started his career working in the family’s steel
making business. In 1994 due to undisclosed family differences he
branched out taking over the international operations of the Mittal
family steel making business. The CEO of AncelorMittal, the world’s
largest producer of steel is married and has two children. He is ranked
the fourth richest man in the world, after Microsoft’s founder Bill
Gates who this year was edged out from the number one position by his
friend, investor Warren Buffet.

Mukesh Ambani born in 1957 is the chairman, managing director and
largest shareholder of Reliance Industries. He is credited with
creating the world’s largest grassroots petroleum refinery in India.
India’s first trillionaire is married and has three children. He is
ranked the fifth riches man in the world. Closely followed by his
younger brother Anil Ambani.

Anil Ambani the younger brother of Mukesh was born in 1959. He is the
chairman of Reliance Communication, Reliance Energy and Reliance
Capital which were part of Reliance Industries before a well publicised
split. He is married with two children. He is ranked the sixth richest
man in the world.

Kushal Pal Singh born in 1931 is head of Delhi Land and Finance. A
successful landlord, Delhi Land and Finance owns Asia’s largest private
township. He is married with three children. He is ranked the eighth
richest man in the world.

The combined estimated wealth of the four is 160 billion dollars.
Continental north America has two billionaires Warren Buffet and Bill
Gates with a combined wealth of 120 billion dollars. South America is
represented by telecoms magnate Carlos Slim worth an estimated 60
billion dollars. Europe has a combined total of 86 billion dollars
represented by Swede Ingvar Kamprad (31 billion dollars), Russian Oleg
Deripaska (28 billion dollars) and German Karl Albrech (27 billion
dollars)

Will it suffice to say when it comes to the super rich India has the
super tigers of Asia? Nay, the world!
Published: March 11, 2008   
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  1. 1. Florsheim

    Http://Www.Forbes.Com/

    A very insightful article.

    0 Rating Wednesday, March 12, 2008
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