BOMBAY - Inflation is running up to nine percent, also a corruption scandal does not make India lose its charm. Bollywood is the country's economy grew 7.7 percent. However, the 100 richest people in the country is losing nearly 20 percent of his fortune.
100 people are gathering rich wealth of up to USD241 billion, down from USD300 billion a year ago due to the Mumbai stock exchange Sensex falling and falling rupee currency.
As reported by Forbes, Monday (14/11/2011), the following are the richest people in India:
1. Mukesh Ambani.
Reliance Industries boss has been working with British Petroleum (BP) with the value of working together to achieve $ 7, 2 billion. As such, he has 30 percent ownership of the 23 blocks owned by BP. However, the value of his fortune dropped to USD22, 6 billion, down from $ 4, 4 billion.
2. Lakshmi Mittal.
The boss of the largest steel company in the world, ArcelorMittal has decreased the amount of wealth to $ 6, 9 billion to USD19, 2 billion. The decrease is due to swelling of her assets steel production costs, and declining world steel demand.
His company is currently expanding in the mining sector, by buying Canadian mining company, Buffingland Iron Mines, in January. Then last August, by cooperating with Peabody Energy, he acquired the McArthur Coal Australia valued at $ 4, 9 billion.
3. Azim Premji.
His company, Wipro, recorded a negative performance with earned only $ 7 billion. The total wealth fell by a USD13 billion. In April, he bought the company system for oil and gas sector, Science Applications International Corp., amounting to USD150 million.
4. Romance & Ravi Ruia.
The two brothers were the owners of Vodafone Essar, he sold some stake in the company valued at $ 5, 4 billion through an IPO in July. Funds that he obtained it, used to pay debt of USD960 million worth of Essar Group. They also have a stake in Loop Telecom. Recorded his wealth dropped to USD10, 2 billion.
5. Savitri Jindal.
Steel company, JSW Steel, which is managed by his son Sajjan, was forced to cut production at its unit in Karnataka, a state in southern India, where the Supreme Court has banned mining of iron ore. While Jindal Steel & Power, which is managed by the youngest son, Naveen also slumped as the case with the environment ministry. Even so, these companies is a family's most valuable asset. His wealth fell to USD9, 5 billion.
6. Sunnil Mittal.
Telecommunications company, Bharti Mittal has 230 million subscribers. This is the fifth largest company in the world telko operating in 19 countries. He could lose up USD9 billion in Africa. But in Asia, due to competitive company by running 3G, he won the competition. He also hook the Wal-Mart for payment services. In addition, he is also one of the directors of Unilever Group. Prices rose to his fortune soared $ 8, 8 billion.
7. Gautam Adani.
His company, Adani Enterprises which runs Mundra Port, build a new terminal in western India. He had tripped cases dark coal imports valued at $ 1, 8 billion. He also runs the electricity business through Adani Power, which produces electricity of 20,000 megawatts (mw). His wealth fell to $ 8, 2 billion.
8. Kumar Birla.
The owner of Aditya Birla Group is successfully making the company collects $ 35 billion in revenue. His company in the top 10 cement manufacturers and is the world's largest aluminum producer. Recently he acquired the largest manufacturer of carbon black, tire raw materials valued at USD875 billion. Property dropped to $ 7, 7 billion.
9. Pallonji Mistry.
He is the owner of the Shapoorji Pallonji Group, construction companies and heavy equipment. The company is dealing with two Imperial. He also has a 18.4 per cent in Tata Sons, a subsidiary of the Tata Group, who scored revenue of USD78 billion.
10. Adi Godrej.
He is the third generation of the Godrej Group, a 114-year-old company. This company's revenues reached $ 3, 3 billion. Godrej Consumer Products acquires 51 percent stake in Darling Group, Africa. He is also building The Tree, an integrated office area covering 35 hectares (ha). His net worth is down $ 6, 8 billion.
11. Dilip Shanghvi with a fortune of $ 6, 7 billion.
12. Kushal Pal Singh with the property reaches $ 6, 5 billion.
13. Anil Ambani, fortune USD5, 9 billion.
14. Shiv Nadar, his wealth reached $ 4, 6 billion.
15. Uday Box, wealth reached $ 3, 6 billion.
16. Anil Agarwal, wealth reached USD3, 5 billion,
17. Malvinder & Shivinder Singh, two brothers has a wealth of $ 3, 2 billion.
18. Rahul Bajaj, wealth reached $ 3, 1 billion.
19. Micky Jagtiani, his wealth reaches $ 3, 0 billion.
20. Anand Burman, wealth reached $ 2, 9 billion.
100 people are gathering rich wealth of up to USD241 billion, down from USD300 billion a year ago due to the Mumbai stock exchange Sensex falling and falling rupee currency.
As reported by Forbes, Monday (14/11/2011), the following are the richest people in India:
1. Mukesh Ambani.
Reliance Industries boss has been working with British Petroleum (BP) with the value of working together to achieve $ 7, 2 billion. As such, he has 30 percent ownership of the 23 blocks owned by BP. However, the value of his fortune dropped to USD22, 6 billion, down from $ 4, 4 billion.
2. Lakshmi Mittal.
The boss of the largest steel company in the world, ArcelorMittal has decreased the amount of wealth to $ 6, 9 billion to USD19, 2 billion. The decrease is due to swelling of her assets steel production costs, and declining world steel demand.
His company is currently expanding in the mining sector, by buying Canadian mining company, Buffingland Iron Mines, in January. Then last August, by cooperating with Peabody Energy, he acquired the McArthur Coal Australia valued at $ 4, 9 billion.
3. Azim Premji.
His company, Wipro, recorded a negative performance with earned only $ 7 billion. The total wealth fell by a USD13 billion. In April, he bought the company system for oil and gas sector, Science Applications International Corp., amounting to USD150 million.
4. Romance & Ravi Ruia.
The two brothers were the owners of Vodafone Essar, he sold some stake in the company valued at $ 5, 4 billion through an IPO in July. Funds that he obtained it, used to pay debt of USD960 million worth of Essar Group. They also have a stake in Loop Telecom. Recorded his wealth dropped to USD10, 2 billion.
5. Savitri Jindal.
Steel company, JSW Steel, which is managed by his son Sajjan, was forced to cut production at its unit in Karnataka, a state in southern India, where the Supreme Court has banned mining of iron ore. While Jindal Steel & Power, which is managed by the youngest son, Naveen also slumped as the case with the environment ministry. Even so, these companies is a family's most valuable asset. His wealth fell to USD9, 5 billion.
6. Sunnil Mittal.
Telecommunications company, Bharti Mittal has 230 million subscribers. This is the fifth largest company in the world telko operating in 19 countries. He could lose up USD9 billion in Africa. But in Asia, due to competitive company by running 3G, he won the competition. He also hook the Wal-Mart for payment services. In addition, he is also one of the directors of Unilever Group. Prices rose to his fortune soared $ 8, 8 billion.
7. Gautam Adani.
His company, Adani Enterprises which runs Mundra Port, build a new terminal in western India. He had tripped cases dark coal imports valued at $ 1, 8 billion. He also runs the electricity business through Adani Power, which produces electricity of 20,000 megawatts (mw). His wealth fell to $ 8, 2 billion.
8. Kumar Birla.
The owner of Aditya Birla Group is successfully making the company collects $ 35 billion in revenue. His company in the top 10 cement manufacturers and is the world's largest aluminum producer. Recently he acquired the largest manufacturer of carbon black, tire raw materials valued at USD875 billion. Property dropped to $ 7, 7 billion.
9. Pallonji Mistry.
He is the owner of the Shapoorji Pallonji Group, construction companies and heavy equipment. The company is dealing with two Imperial. He also has a 18.4 per cent in Tata Sons, a subsidiary of the Tata Group, who scored revenue of USD78 billion.
10. Adi Godrej.
He is the third generation of the Godrej Group, a 114-year-old company. This company's revenues reached $ 3, 3 billion. Godrej Consumer Products acquires 51 percent stake in Darling Group, Africa. He is also building The Tree, an integrated office area covering 35 hectares (ha). His net worth is down $ 6, 8 billion.
11. Dilip Shanghvi with a fortune of $ 6, 7 billion.
12. Kushal Pal Singh with the property reaches $ 6, 5 billion.
13. Anil Ambani, fortune USD5, 9 billion.
14. Shiv Nadar, his wealth reached $ 4, 6 billion.
15. Uday Box, wealth reached $ 3, 6 billion.
16. Anil Agarwal, wealth reached USD3, 5 billion,
17. Malvinder & Shivinder Singh, two brothers has a wealth of $ 3, 2 billion.
18. Rahul Bajaj, wealth reached $ 3, 1 billion.
19. Micky Jagtiani, his wealth reaches $ 3, 0 billion.
20. Anand Burman, wealth reached $ 2, 9 billion.
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