Mukesh Ambani tops 'BHI Rich List' 7th time in row


Mumbai, Sep 25 (IANS): Industrialist and Reliance Industries Ltd Chairman Mukesh Ambani has topped the "Barclays Hurun India Rich List-2018" for the seventh consecutive year, with his wealth estimated at Rs 371,000 crore, an official said here on Tuesday.

Figuring next on the chart are S.P. Hinduja & Family of Hinduja Group, with an estimated wealth of Rs 159,000 crore, and Arcelor Mittal's L.N. Mittal & Family at Rs 114,500 crore.

Following them are: Wipro's Azim Premji at Rs 96,100 crore, Sun Pharmaceuticals Ltd's Dilip Shanghvi at Rs.89,700 crore, Kotak Mahindra Bank's Uday Kotak at Rs 78,600 crore, Serum Institute of India's Cyrus Poonawalla at Rs 73,000-crore, Adani Group's Gautam Adani & Family at Rs 71,200 crore, and Shapoorji Pallonji Mistry's Cyrus P. Mistry at Rs 69,400 crore.

The annual list is a compilation of the super-richest Indians having a net worth of Rs 1,000 crore or more, and this number has increased by a staggering one-third -- from 617 in 2017 to 831 in 2018, said Hurun Report India's Managing Director Rahman Junaid.

The cumulative wealth of these 831 individuals featuring in the list stands at USD 719 billion, or one-quarter of the Indian GDP of USD 2,848 billion, as per the IMF's April 2018 estimates.

Expectedly, the country's commercial capital Mumbai tops the list with 233 names, followed by the political capital New Delhi at 163 and the IT capital of Bengaluru at 70, said Baclays Private Clients CEO S.N. Bansal.

While 306 new entrants made it to the list this year, 75 of those featuring in 2017 list failed to find a place in the super-exclusive Rs 1,000-crore-plus club.

"The Indian edition of the list is the fastest growing rich list in the world, highlighting the optimism of a young, vibrant and ambitious country," said Junaid.

"Wealth creation in India is growing at an unprecedented pace, and the time it takes to accumulate wealth is shorter than before," remarked Bansal at the report launch.

  

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Comment on this article

  • Truth Teller, Karnataka

    Wed, Sep 26 2018

    Shankar, hope you know that Yogi s 19 year old murder case is being reopened!. Then you too will get taste of jail and bail!. Also let some other government come to power at center, many people will be running for bail from court to court!!!

    DisAgree Agree [3] Reply Report Abuse

  • Vincent Rodrigues, Katapadi/Bangalore

    Wed, Sep 26 2018

    We don't know when Mukesh is exposed but what about his brother Anil Ambani who is travelling in a sinking boat.

    DisAgree Agree [4] Reply Report Abuse

  • Truth Teller, Karnataka

    Wed, Sep 26 2018

    Until Modiji is PM, Ambani will be the richest and consequently Jumla party will also be the richest!!

    DisAgree Agree [4] Reply Report Abuse

  • SJM, Mangalore /Brazil

    Tue, Sep 25 2018

    No doubts It is " Modi Kirpa"

    DisAgree Agree [4] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Tue, Sep 25 2018

    Ambani, Adani & Ramdev will help Modi to deliver his Rs. 15 Lack Promise ...

    DisAgree [2] Agree [11] Reply Report Abuse

  • Shankar, BENGALURU

    Tue, Sep 25 2018

    Sir, In National Herald, pappu ji and his mommy are out on bail......!! when did court trowed it to dustbin?!

    And why BJP needs to be hesitant?! Why can't Congress file PIL in court?

    DisAgree [16] Agree [1] Reply Report Abuse

  • vijay, uae

    Tue, Sep 25 2018

    ambanis richest coz of hard work, blessings from polticians, tax evading.
    they owning almost fuel BASINS ,,GAS basin ( natural resources )
    one can say india is almost AMBANIS ARE OWNING.....COZ OF POLTICAL GIMMICK
    FEKU PM ALMOST SOLD INDIAN resources to gujju ambani.

    DisAgree [1] Agree [18] Reply Report Abuse

  • Valerian DSouza, Udupi/Mumbai

    Tue, Sep 25 2018

    Can you imagine, in India we have only 35 Crore very poor below poverty line.
    When ₹5000/- crores scandals take place, can the country can't afford to provide for their basic needs?
    Is there a kind of determination to keep them poor?

    DisAgree [1] Agree [15] Reply Report Abuse

  • CITIZEN, Mangaloor/Canada

    Tue, Sep 25 2018

    NEXT YEAR ALL AMBANI AND ADANI BROTHERS WILL BE RICHEST IN WORLD
    GOOD MONEY FROM PETROLEUM PRODUCTS AND RAFEL
    MODI'S AIM IS TO MAKE AMBANI THE RICHEST MAN IN THE WORLD

    DisAgree [1] Agree [21] Reply Report Abuse

  • PEDDA GUNDOO, MANGALURU

    Tue, Sep 25 2018

    These all public money !!! and people looking at the so called PM for the solutions of daily life tragedies!! 15 LAKH Rs will just arriving to the bank of anybody who opened the bank account ! Zombi people believe him and making que to vote in 2019 hum vote karenge

    DisAgree [1] Agree [16] Reply Report Abuse

  • Roshan, Mangaluru

    Tue, Sep 25 2018

    Bank give loans to Industrialist, if business becomes good, businessmen get rich, if not, still they become rich, as banks write off their loan.

    Middle class, who takes a loan for crop, fertilizers, bike, car, or house, will be chased not just legal authorities, there are hired goons to threaten.

    What is wonderful, it is the same middle class, is really happy seeing these businessmen getting richer, who may be earning 1crore for every minute. Its funny the way feku bhakts defending rafael scam, as it is also part of getting these businessmen richer.

    DisAgree [1] Agree [16] Reply Report Abuse

  • anthony, Mangalore

    Tue, Sep 25 2018

    The borrowings from banks and the public will be mind boggling. Most of the Gujarati Business men borrow heavily from Banks and decide hefty pay packages that puts them in the Richis Rich list. Whn they are unable to service thier huge debts, they scoot of abroad.

    DisAgree [1] Agree [16] Reply Report Abuse

  • Swamy, Mangalore

    Tue, Sep 25 2018

    Kamal Ka Phool Hamri Bhool. Cry coming out from BJP fortress states.

    DisAgree [3] Agree [18] Reply Report Abuse

  • geoffrey, hat hill

    Tue, Sep 25 2018

    His main source of wealth has been oil refining margin which never narrowed regardless of the fluctuations in global oil prices as common man has been forced to absorb the shock, keeping the oil companies happy and government coffers full. At this rate he may soon beat Jeff Bezos, Khuda meherban hai toh gadha pahilwan after all.

    DisAgree [1] Agree [26] Reply Report Abuse

  • mangaluru mohammed, Mangaluru

    Tue, Sep 25 2018

    True...

    DisAgree [1] Agree [11] Reply Report Abuse

  • N.M, Mangalore

    Tue, Sep 25 2018

    Mukesh should thank his Chowkidaar a.k.a Pradhan Sevak for Acche Din & Vikas.

    Public will get '0 0' from BJP.

    DisAgree [4] Agree [39] Reply Report Abuse

  • Shankar, BENGALURU

    Tue, Sep 25 2018

    Ya, till 2014 Amabni was begging. He became richest person india after 2014.

    DisAgree [9] Agree [16] Reply Report Abuse

  • Swamy, Mangalore

    Tue, Sep 25 2018

    Is Modi ready for a debate on this issue or he will just talk to himself in useless one way monologue in public speech???.

    DisAgree [1] Agree [20] Reply Report Abuse

  • Shankar, BENGALURU

    Tue, Sep 25 2018

    Debate with whom?! Pappu??

    Who is stopping Congress from going to courts I am asking. Congress has so called top lawyers like Kapil sibal, Manish Tiwari, Abhishek singhvi......why don't they go to supreme court on Rafeal deal? Like Subramanian swamy did for National Herald scam??

    DisAgree [18] Agree [3] Report Abuse

  • Swamy, Mangalore

    Tue, Sep 25 2018

    Case will be filed eventually going through proper channel. Before that BJP has to participate in JPC and prove its innocence to which BJP is very hesitant. National Herald case has been thrown into dust bin by court for lack of evidence and facts.

    DisAgree [2] Agree [16] Report Abuse


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Title: Mukesh Ambani tops 'BHI Rich List' 7th time in row



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