Forbes has recently released the list of Billionaires in the world. The total List consists of 793 Billionaires living on this Earth – The economic downturn however has taken a heavy toll – Last year there were total of 1125 billionaires out of which 373 have fallen from grace.
The world’s richest are also a lot poorer. Their collective net worth is $2.4 trillion, down $2 trillion from a year ago. Their average net worth fell 23% to $3 billion. The last time the average was that low was in 2003.
Bill Gates lost $18 billion but regained his title as the world’s richest man !
Now, how many Indians are in the List – that’s what this list is all about – Out of 793 Billionaires – Only 24 of them are Indian Citizens.
In Last year’s billionaire’s list 4 out of top 10 were Indians. Its not so this time around though. We have only 2 Indians in top 10 Billionaire Rankings. Mukesh Ambani at 7th and Laksmi Mittal at 8th. The stock Market crash has eroded their wealth big time !
Here are the list of 24 Indians that figure in the list of Billionaires:
7 Mukesh Ambani India 51 19.5 India 8 Lakshmi Mittal India 58 19.3 United Kingdom 34 Anil Ambani India 49 10.1 India 59 Sunil Mittal & family India 51 7.7 India 83 Azim Premji India 63 5.7 India 86 Shashi & Ravi Ruia India 65 5.6 India 98 Kushal Pal Singh India 77 5.0 India 124 Kumar Birla India 41 4.2 India 183 Adi Godrej & family India 66 3.3 India 205 Dilip Shanghvi India 53 3.0 India 234 Savitri Jindal India 59 2.7 India 246 Malvinder & Shivinder Singh India 33 2.6 India 318 G M Rao India 58 2.1 India 334 Micky Jagtiani India 57 2.0 United Arab Emirates 397 Gautam Adani India 46 1.8 India 397 Indu Jain India 72 1.8 India 430 Shiv Nadar India 63 1.7 India 468 Cyrus Poonawalla India 67 1.5 India 468 Anil Agarwal India 55 1.5 United Kingdom 601 Uday Kotak India 50 1.2 India 601 Kalanidhi Maran India 43 1.2 India 601 Chandru Raheja India 68 1.2 India 647 Subhash Chandra India 58 1.1 India 701 Anurag Dikshit India 37 1.0 Gibraltar RANK NAME CITIZENSHIP AGE NET WORTH ($BIL) RESIDENCE
All the big hype surrounding Mukesh Ambani becoming the richest man in the world seems to have now vanished into thin air :)
Comments
Seeing from an investor’s perspective – DLF’s KP Singh went from #8 to #98 in 1 year with a networth change from $30 to $5 Bn. I think it reflects the investors situation as well ! I believe the ones who will stay on the list thru thick and thin are the one’s who will stay longer and reflects the nature of the business they own.
I have a feeling that next year around real estate will be back from the lows and KP Singh might land above the top 50. What are your predictions?