Wednesday, October 3, 2012

Total Wealth of Top 100 Rich people



Forbes list of Indian billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine on March 2012.

India currently has 48 "US dollar billionaires" after United States, China and Russia whose 
(individuals with a total net worth of one billion dollars and above), accounts for roughly 4.5% of the global total of 1,226 billionaires across the six continents.

One billion dollars means roughly 50 billion rupees and that means 5000 crore rupees. 

Total wealth of top 100 rich persons comes to 246 billion US Dollars and that means top 100 riches persons of India has total wealth of 
246  X Rs.5000 crores  =  Rs.12 30 000 crores. I f we add the volume of black money parked in domestic and foreign banks , the total value of wealth will be many times more.

Above is outcome of Policy of Reformation propagated by Economist Dr. Manmohan Singh and his Government.

If we consider the total wealth of top hundred companies /corporate houses I think the figure will be more voluminous and unimaginable. 

It is believed that Top 100 of Indian population has accumulated wealth equivalent to more than 99.99 percent of total wealth of India.

India is still called as socialistic secular sovereign republic 

Will anyone of you list the benefits given to poor and middle class in the tenure of Manmohan Singh and how the same is more than what was available to them before 1991

Chandra Sekhar ex- Prime Minister of India has been accused of selling Gold in the year 1990 to save the image of the country. There is no doubt in it that the cause of fiscal crisis and current account deficit   which erupted during the tenure of Chandra Sekhar was not created during his four month rule but the outcome of faulty policies of preceding government only.

Manmohan Singh appeared then as Awtar of God to save the economy by introducing policy of reformation.

After two decades of his reformatory rule in India  , same Manmohan Singh is now constrained to sell landed property to save the economy, forced to sell the public sector undertakings in the name of disinvestment, forced to reduce subsidy on fuel and fertilizers and lastly forced to go for begging Foreign direct investment (FDI)

During the time of Chandra Sekhar, gold was sold and common men was not forced to suffer the pain caused by price rise. 

During the regime of Manmohan Singh called as Doctor in economics and called as number one economist in the world , India is selling land and industries and even then not getting fund to subsidise fuel and fertilizers given to common men.

India has become now number one beggar.......................almost bankrupt and selling age old assets to survive.

Now you have to decide the future ------------------------

A poor person in India sells his land, gold and other valuable assets only when he is unable to survive otherwise. Now the great country India is selling land, old assets and valuables to survive.


A poor man in financial crisis beg help from neighbours, friends and relatives. Similarly India is begging help from foreigners , India needs help of FDI for development of infrastructure, growth of insurance sector, for growth of stock market, for growth of aviation sector and what not . India needs help of Foreigners to boost up retail market. 

India expects foreigners will construct cold storage to store even farm produce and will also in developing retail chain to make the product cheaper  which domestic companies in view of Manmohan Singh cannot do.

FDI is panacea for all diseases India is suffering.It appears the freedom fighters committed blunder by removing British rule from India. When India cannot survive without the help of foreigners, it is the view of Manmohan Singh and his government to recall foreigners.

Are you still proud of being an Indian and that too under the leadership of Manmohan Singh?

Are secularism and capitalism permanent solution to India's economic problems?


Is it not foolish and as good as wondering in dreamland that India is expecting FDI to solve  Indian problems and hence asking for help from foreign countries who themselves are facing more acute financial crisis?

Is political and administrative Corruption  the real root cause of all sickness?


This 26th year of tracking global wealth was one to remember, with an all-time high . The 2011 Forbes Billionaires List breaks two records: total number of listees (1,226) and combined wealth ($4.6 trillion). This horde surpasses the gross domestic product of Germany, one of only six nations to have fewer billionaires this year.
Here’s the 2012 top-10 Billionaires in India:

No.1 Mukesh Ambani

Net Worth: $22.3 Billion – As of March 2012
Source: Petrochemicals, oil & gas, inherited and growing
Age: 54 , Citizenship: India

No.2 Lakshmi Mittal

Net Worth:$20.7 Billion -  As of March 2012
Source: Steel, inherited and growing
Age:61 , Citizenship: India

No.3 Azim Premji

Net Worth: $15.9 Billion As of March 2012
Source: Software, inherited and growing
Age: 66 , Citizenship: India

No.4 Savitri Jindal & family

Net Worth: $10.9 Billion – As of March 2012
Source: Steel, inherited
Age: 62 , Citizenship: India

No.5 Sunil Mittal & family

Net Worth$8.1 Billion As of March 2012
Source: Telecom, self-made
Age: 54 , Citizenship: India

No.6 Kumar Birla

Net Worth:$8 Billion – As of March 2012
Source: Commodities, inherited and growing
Age: 44 , Citizenship: India

No.7 Anil Ambani

Net Worth: $7.8 Billion – As of March 2012
Source: Diversified, inherited and growing
Age: 52 , Citizenship: India

No.8 Dilip Shanghvi

Net Worth: $7.4 Billion – As of March 2012
Source: Pharmaceuticals, self-made
Age: 56, Citizenship: India

No.9 Shashi & Ravi Ruia

Net Worth:$7 Billion – As of March 2012
Source: Diversified, inherited and growing
Age: 68, Citizenship: India

No.10 Kushal Pal Singh

Net Worth: $6.4 Billion – As of March 2012
Source: Real estate
Age: 80 , Citizenship: India

Top Richest Person in India

Last updated on: February 7, 2012

Richest in India

  1. Lakshmi Mittal 31.10
  2. Mukesh Ambani 27.00
  3. Azim Premji 16.80
  4. Ravi Ruia 15.80
  5. Savitri Jindal & family 13.20
  6. Gautam Adani 10
  7. Kumar Mangalam Birla 9.2
  8. Anil Ambani 8.80
  9. Sunil Mittal & family 8.30
  10. Adi Godrej & family 7.30
  11. Kushal Pal Singh 7.30
  12. Anil Agarwal 6.40
  13. Dilip Shanghvi 6.10
  14. Shiv Nadar 5.60
  15. Shivinder Singh and Malvinder Singh 4.10
  16. Kalanidhi Maran 3.50
  17. Uday Kotak 3.20
  18. Micky Jagtiani 3.00
  19. Subhash Chandra Goel & family 2.90
  20. Pankaj Patel 2.60
  21. Indu Jain 2.60
  22. G.M. Rao 2.60
  23. Cyrus Poonawalla 2.30
  24. Rajan Raheja & family 2.20
  25. Desh Bandhu Gupta 2.10
  26. N.R. Narayana Murthy & family 2.00
  27. Gautam Thapar 2.00
  28. Sudhir & Samir Mehta 2.00
  29. Aloke Lohia 2.00
  30. Venugopal Dhoot 1.90
  31. Chandru Raheja 1.90
  32. Nandan Nilekani & family 1.80
  33. Ajay Kalsi 1.70
  34. Rahul Bajaj 1.60
  35. Senapathy Gopalakrishnan & family 1.60
  36. Brijmohan Lall Munjal 1.50
  37. Kallam Anji Reddy 1.50
  38. Vijay Mallya 1.40
  39. Ajay Piramal 1.40
  40. Baba Kalyani 1.30
  41. R. P. Goenka 1.30
  42. Rakesh Jhunjhunwala 1.20
  43. K. Dinesh & family 1.20
  44. Rakesh Jhunjhunwala 1.20
  45. Brij Bhushan Singal 1.20
  46. Yusuf Hamied & family 1.10
  47. S.D. Shibulal 1.10
  48. Bhupendra Kumar Modi 1.10
  49. Mangal Prabhat Lodha 1.10
  50. Ramesh Chandra 1.00
Top 50 Richest Person in India - List of Forbes World Billionaires 2011



Forbes released its annual list of the world's wealthiest people, and now the nearly 7 billion of us who aren't on it are searching for it.

No. 1 on the list is Carlos Slim, the Mexican telecommunications magnate who's worth an estimated $74 billion. Slim beat out Bill Gates, No. 2 on the list at $56 billion, by a fat margin after his wealth grew by more than one-third last year. Perennial Top 10-er Warren Buffett appears at No. 3 with $50 billion of worth; and the richest woman, Christy Walton of the Wal-Mart empire, comes in at No. 10.

The number of billionaires in the world is up by 200 from last year to 1,210, with a combined wealth of $4.5 trillion.

And, of course, with $1 billion being cool and all, six members of the Facebook management clan made the list, including Mark Zuckerberg at No. 52.

Steel tycoon Lakshmi Mittal and Reliance chairman Mukesh Ambani were counted among the world's ten richest persons as 50 Indians made it to the Forbes list of World Billionaires 2011.

Here is a complete list of Indian billionaires in order of India Rank, World Rank, Name, Net Worth, Age, Source:
Top 50 Richest Person in India - List of Forbes World Billionaires 2011

1.. 6 Lakshmi Mittal $31.1 B 60 Steel
2.. 9 Mukesh Ambani $27 B 53 petrochemicals, oil & gas
3.. 36 Azim Premji $16.8 B 65 Software
4.. 42 Shashi & Ravi Ruia $15.8 B 67 Diversified
5.. 56 Savitri Jindal & family $13.2 B 60 Steel
6.. 81 Gautam Adani $10 B 48 commodities, infrastructure
7.. 97 Kumar Birla $9.2 B 43 commodities
8.. 103 Anil Ambani $8.8 B 51 Diversified
9.. 110 Sunil Mittal & family $8.3 B 53 telecom
10. 130 Adi Godrej & family $7.3 B 68 Diversified
11. 130 Kushal Pal Singh $7.3 B 79 real estate
12. 154 Anil Agarwal $6.4 B 57 mining, metals
13. 159 Dilip Shanghvi $6.1 B 55 pharmaceuticals
14. 182 Shiv Nadar $5.6 B 65 Information technology
15. 265 Malvinder & Shivinder Singh $4.1 B 38 healthcare
16. 310 Kalanithi Maran $3.5 B 45 media
17. 347 Uday Kotak $3.2 B 51 banking
18. 376 Micky Jagtiani $3 B 59 Retail
19. 393 Subhash Chandra & family $2.9 B 60 media
20. 440 Pankaj Patel $2.6 B 57 pharmaceuticals
21. 440 Indu Jain $2.6 B 74 media
22. 440 G. M. Rao $2.6 B 60 infrastructure
23. 512 Cyrus Poonawalla $2.3 B 69 biotech
24. 540 Rajan Raheja & family $2.2 B 56 Diversified
25. 564 Desh Bandhu Gupta $2.1 B 73 pharmaceuticals
26. 595 N.R. Narayana Murthy & family $2 B 64 Software
27. 595 Gautam Thapar $2 B 50 engineering, paper
28. 595 Sudhir & Samir Mehta $2 B 56 Diversified
29. 595 Aloke Lohia $2 B 52 chemicals
30. 651 Venugopal Dhoot $1.9 B 59 electronics
31. 651 Chandru Raheja $1.9 B 70 real estate
32. 692 Nandan Nilekani & family $1.8 B 55 Software
33. 736 Ajay Kalsi $1.7 B N/A oil
34. 782 Rahul Bajaj $1.6 B 72 motorcycles
35. 782 Senapathy Gopalakrishnan & family $1.6 B 55 Software
36. 833 Brijmohan Lall Munjal $1.5 B 87 motorcycles
37. 833 K. Anji Reddy $1.5 B 69 pharmaceuticals
38. 879 Vijay Mallya $1.4 B 55 liquor
39. 879 Ajay Piramal $1.4 B 55 pharmaceuticals
40. 879 Vikas Oberoi $1.4 B 40 real estate
41. 938 Baba Kalyani $1.3 B 62 Engineering
42. 938 Rama Prasad Goenka $1.3 B 81 Diversified
43. 993 Keshub Mahindra $1.2 B 87 Diversified
44. 993 K Dinesh & family $1.2 B 56 Software
45. 993 Rakesh Jhunjhunwala $1.2 B 50 Investments
46. 993 Brij Bhushan Singal $1.2 B 74 Steel
47. 1057 Yusuf Hamied & family $1.1 B 74 Pharmceuticals
48. 1057 S.D. Shibulal & family $1.1 B 56 Software
49. 1057 Bhupendra Kumar Modi $1.1 B 62 telecom
50. 1057 Mangal Prabhat Lodha $1.1 B 55 real estate 

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