WORLD'S RICHEST INDIAN

Most of the western world has a  perception that India is a very poor country, however you’ll be astonished after knowing that there are more than 23 Indian who made it to the   world’s 500 richest persons list published by US based Forbes magazine in May last year. Yes like other developing nations poverty exists in this part of the world too but it is only because of the corrupt politicians and government officials sitting in the top levels who have been looting this great country for more than 6 decades after independence. May be I’ll write about that in some other hub, this hub is all about celebrating the success of these entrepreneurs who give us motivation in achieving our goals in life.

Persons who made it to the list of richest Indian and made us proud are :

1 ) Mukesh Dhirubhai Ambani : Mr Mukesh Ambani topped the list of richest Indian (ranks at no four position in world’s richest person list) with his total net-worth of 29 billion USD.

Chairman and managing director of India’s largest diversified company Reliance Industries Ltd (RIL) which is mainly into petrochemical, oil & gas exploration, textiles and retails business. Mr. Ambani has the majority holding in RIL which also made him the richest person in asia. In Oct 2007, he had become the world’s richest person with as a result of strong rally of all his group companies share in the booming Indian stock market .He is also the prod owner of IPL (Indian Premier League) team Mumbai Indians which he purchases at a whopping amount of $112.9 million at the time of auction for teams in 2008.

2) Laxmi Narayan Mittal : The steel czar Mr. Laxmi Mittal ,chairman and  CEO of ArcelorMittal (erstwhile Mittal Steel) holds the second position with a networth of   $ 28.7 billion. Also happens to be one of the richest persons in UK. Born in small village in Rajasthan India, Mr Mittal established a business empire of steel through his handwork and perseverance. After the much debated acquisition of Arcelor, newly formed company ArcelorMittal became the world’s largest steel company with an output of 103,300,000 MT crude steel per year. He is also very famous for his lavish lifestyle. Be it purchasing one of the most expensive mansions in UK or spending a fortune of $50 million on his daughter’s wedding bash.

3) Azim Premji : Founder and chairman of one of India’s leading software giant WIPRO ranks third in the list with a networth of $17 billion. Not many know that WIPRO is an Indian conglomerate which has presence in different sector from Soaps to electric bulbs to vegetable oil. Software business being the most famous. In Dec 2010 he set the examples for other business leaders of India and the world by donating $2 billion to a charity to promote education in India.

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