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1-min read

Mukesh Ambani tops the Forbes India rich list yet again

Steel magnate Lakshmi Mittal also retains his No.2 position on the rich list with a wealth of $16 billion.

CNN-IBN

Updated:October 29, 2013, 8:52 AM IST
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Mukesh Ambani tops the Forbes India rich list yet again
Steel magnate Lakshmi Mittal also retains his No.2 position on the rich list with a wealth of $16 billion.
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New Delhi: Reliance Industries Limited Chairman Mukesh Ambani has retained the top spot in the Forbes India this year as well with a wealth of $21 billion. The Forbes India rich list shows modest gains for India's richest due to a stumbling economy.

Steel magnate Lakshmi Mittal also retains his No.2 position on the rich list with a wealth of $16 billion. Following him is pharmaceutical giant, Dilip Shanghvi, the founder of Sun Pharmaceutical Industries, who has grabbed the No. 3 spot for the first time.

This year's biggest dollar gainer with wealth of $13.9 billion, Shanghvi added $4.7 billion to his fortune, which accounted for half of the overall 3 per cent gain. Azim Premji is No. 4 on the list with wealth of $13.8 billion, up $1.6 billion from a year ago.

R Jagannathan, Editor-in-Chief of Forbes India, commented, "2013 was the year of the great standstill for big business in India. Most of them preferred to hold back in the face of political uncertainty at home. But this standstill does not reflect the great churn within the list, where there were 15 newcomers, and many old names slipping down the list or falling off."

Here is the list of the top 10 richest in India this year:

1) Mukesh Ambani - $21 billion

2) Lakshmi Mittal - $16 billion

3) Dilip Shanghvi - $13.9 billion

4) Azim Premji - $13.8 billion

5) Pallonji Mistry - $12.5 billion

6) Hinduja brothers - $9 billion

7) Shiv Nadar - $8.6 billion

8) Adi Godrej - $8.3 billion

9) Kumar Birla - $7.6 billion

10) Sunil Mittal - $6.6 billion

The special Forbes India issue on the rich list will be on stands on November 7.

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