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Mukesh Ambani and his younger brother

Anil (left), Chairman and Vice-Chairman of


Reliance Group of Industries, are the
richest Indians according to a Business
Standard survey.
The net worth of the Ambani brothers stand
at a whopping Rs 23,588 crore ($5.18
billion), up by a massive Rs 4,724 crore
($1.03 billion) since the last year.
Most of these gains have come from the
Anil and Mukesh Ambani 25.4 per cent rise in the Reliance Industries
stock price.
IT czar and Wipro Chairman Azim Premji,
who was India's richest billionaire last year,
slipped to the second spot in the Business
Standard survey, having lost Rs 12,448
crore ($2.74 billion) since the last year.
This was mainly due to the fact that
Wipro's market price plummetted by almost
40 per cent since last December.

Yet, Premji's net worth still stands at Rs


18,964 crore ($4.17 billion).
Azim Premji
Brothers Malvinder (left) and Shivender
Singh of pharma major Ranbaxy
Laboratories feature in the third spot in the
list of richest Indians, says Business
Standard, with a wealth of Rs 5,086 crore
($1.12 billion).
The brothers' wealth increased by Rs
1,741 crore ($383 million), due to
Ranbaxy's market valuation rising by 52
per cent in the past year.

Malvinder and Shivender Singh


Telecom magnate and Bharti Group
Chairman Sunil Mittal, in the past year, has
jumped up from the seventh to the fourth
spot, says the Business Standard survey.
Mittal's net worth is estimated at Rs 5,000
crore ($1.10 billion), with his wealth having
grown by Rs 2,945 crore ($647 million)
since the last year.

Bharti Tele-Ventures, a group company,


showed a sharp turnaround in the last
couple of quarters, and its stock price
Sunil Mittal increased by an eye-popping 143 per cent
after the fourth quarter results.
Shiv Nadar, Chairman, Hindustan Computers Ltd,
is ranked the fifth richest Indian.
His net worth, according to Business Standard,
stands at Rs 4,299 crore ($945 million).
Nadar's HCL Technologies, despite an IT
slowdown has performed very well, as has his
software training firm NIIT.
The HCL boss's ambition is to make HCL
Technologies the largest global information
technology services firm. His strategy is focused
marketing, hiring experienced local chief
executives, signing joint ventures with the right
partners to build expertise and strengthen
Shiv Nadar processes, get into every conceivable information
technology services business and position the
company as more hi-tech than the competitors.
Dilip Shanghvi, Chairman, Sun Pharmaceuticals, is
the sixth in the Business Standard list of richest
Indians, with a net worth of Rs 3,027 crore ($665
million million).
A first generation entrepreneur, Sanghvi's Sun
Pharma ranks among the top five pharma
companies.
Shanghvi was inducted into his father's small
pharma trade business when he was 18 and a
commerce undergraduate at Calcutta University.
Sun Pharma was started in 1983 and with a
leadership presence across speciality therapy
areas in the domestic market, continues to be one
Dilip Shanghvi of the fastest growing pharma companies. Sun
Pharma sells ethical prescription brands across 36
markets, including the American and European
markets.
Kumar Mangalam Birla, Chairman, Aditya
Birla Group, ranks No 7 with a net worth of
Rs 2,737 crore ($601 million), says
Business Standard.
The Birla billionaire added Rs 1,139 crore
($250 million) to his net worth, thanks to an
appreciation of 102 per cent in the price of
the Grasim stock, while the Hindalco scrip
was up 56 per cent on account of rising
aluminium prices.
Fortune magazine recently named the 35-
year-old Birla as the richest Asian under
Kumar Mangalam Birla the age of forty.
Zee Telefilms Ltd Chairman and media
moghul Subhash Chandra is the eighth
richest Indian. His net worth is said to be
Rs 2,566 crore ($565 million).
Chandra dream is to build a global media
enterprise. He is also the promoter of
India's first hi-tech amusement park
Esselworld in Mumbai.

Subhash Chandra
Karsanbhai Patel, Chairman of Nirma Ltd, has
carved an enviable niche for himself in the world of
Indian entrepreneurship. And with a net worth of Rs
2,169 crore ($480 million), he is the ninth richest
amongst Indians.
A quarter of a century after he changed the clothes-
washing habits of the country, Karsanbhai Patel
continues to be India Inc's favourite case study, says
Business Standard.
A chemist, who manufactured detergents at home in
Ahmedabad in 1969, worked from his backyard
which developed into a soap factory, cycled to retail
outlets and hawked his brand at one-fourth of the
price of similar products then available. At Rs 6,
Nirma, named after his daughter, was the cheapest
Karsanbhai Patel
detergent available.
By the late 1980s, Nirma had become one of the
world's largest-selling detergent powders.
Dr Anji Reddy, Chairman, Dr Reddy's
Laboratories, with a net worth of Rs 2,132
crore ($470 million), is the tenth richest
India.
Reddy wants to make the Hyderabad-
based pharma company a research-driven
firm that pioneers new products and
process development, says Business
Standard.

He has also set up Dr Reddy's Foundation


for Human and Social Development to
encourage entrepreneurship among
Dr. Anji Reddy women and youth, and address the plight
of a growing number of street children in
urban areas.
Do you want to be the next richest Indian?
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