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Steel king Lakshmi Mittal tops riches list
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Steel king Lakshmi Mittal tops riches list
Wipro chief Azim Premji, Reliance?s Mukesh and Anil Ambani, London-based steel magnate Lakshmi Mittal and the only woman Biocon?s co-founder Kiran Mazumdar Shaw, are among the forty who figure in the Forbes magazine?s maiden list of the richest Indians worldwide. Of the top 40 richest Indians, 11 are from the technology and nine from the pharma sector and while some of them have inherited wealth, 19 of them are entirely self-made billionaires as well as millionaires.
The magazine?s list of the top richest people in India, to be out in its December 20 issue, places Mittal, who is also Britain?s richest Indian at the top with a wealth of USD 11.2 billion (over 50,000 crore). His company Ispat international aims to become the world?s largest steel firm. Mittal, who owns the world?s fourth largest steel group is ranked 272nd in the Forbes world rich list. Software giant Microsoft?s chief Bill Gates topped the world list for the seventh time.
Mittal is followed in the second place by Wipro?s Azim Premji with USD 10 billion (1000 crore) whom the magazine described as the ?software magnate with global ambitions.? Premji owns 84 per cent of Wipro, India?s second biggest infotech company. Mukesh and Anil Ambani ranked third in the list with a wealth of USD 6.4 billion (640 crore) inherited from their father, Reliance Group founder Dhirubhai Ambani.
Ranked fourth in the list is Kumar Mangalam Birla worth USD 3.5 billion (350 crore), who is the fourth generation head of the Aditya Birla Group, the country?s largest cement producer.The Birla group which has joint ventures with AT&T in telecom and Sun Life of Canada in the financial services is ranked 292nd in the world list.
Source: Times of India
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