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Mar
06

Four Indians in the Forbes 100 Rich List


Four Indians are among the 10 richest in the world, the highest number from a single country, according to Forbes list of worlds billionaires. With a net worth of $45 billion, Mittal heads the worlds largest steel maker ArcelorMittal. He lives in Britain but retains his Indian citizenship. Just behind Mittal is Mukesh Ambani at No 5. With a net worth of $43 billion, he is Asias richest resident. He heads petrochemicals giant Reliance Industries, Indias most valuable company by market cap. KP Singh, chief of real estate developer DLF, has climbed from 62nd place to eighth, helped by his companys listing which tripled his fortune to $30 billion. The number of billionaires Forbes could identify has crossed into four figures, reaching 1,125. The total net worth of the group is $4.4 trillion, up $900 billion from last year.

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