Mittal is richest Indian

New York, November 15:

London-based steel magnate Lakshmi N Mittal once again topped the list of 40 richest Indians compiled by Forbes magazine, which reportes that they are the wealthiest group in Asia with a combined net worth of $351 billion.

Mittal is assessed to be worth $51 billion. Mukesh Ambani of Reliance Industries with $49 billion is second on the list, followed closely by his brother Anil, who is assessed to be worth $48 billion.

K P Singh of DLF, Azim Premji of Wipro, Sunil B Mittal of Bharti group, Shashi and Ravi Ruia of the Essar group, Ramesh Chandra of Unitech, Kumar Mangalam Birla of Aditya Vikram Birla group and Tulsi Tanti of Suzlon complete the top 10.

“These are heady times for India’s richest,” the magazine reported, attributing the gain to strong performance of Indian stock markets that saw a key Indian index surge by 53 per cent over the past year.

“The four richest Indians are worth an astonishing $180 billion. Together, the foursome is worth more than the forty richest Chinese combined.”

“For the first time, all India rich-listers are billionaires,” the magazine reported in its latest edition.