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Richest People In India 2011

National Money
Richest People In India 2011

According to the 2011 Forbes India Rich List, the combined wealth of India’s 100 richest people is down 20 per cent from a year ago to $241 billion. Roiled by inflation, running at over 9%, currency prices and a spate of corruption scandals are diminishing the wealth of India‚Äôs richest. This year’s list also has a total of 57 billionaires. The top 10 richest are collectively worth $113.6 billion, down from $150 billion last year.

#1. Mukesh Ambani

Net worth: $22.6 billion

Mukesh Ambani retained the title of India’s richest man, with a net worth of $22.6 billion this year, despite seeing a drop of $4.4 billion.

#2. Lakshmi Mittal

Net worth: $19.2 billion

Steel tycoon Lakshmi Mittal remains No.2 with a net worth of $19.2 billion, down 26% from last year. Despite the recovery in steel demand, shares of his flagship, ArcelorMittal, the world’s largest steelmaker, plunged 40 per cent due to surging costs.

#3. Azim Premji

Net worth: $13 billion

Infotech tycoon Azim Premji retained his third place, though his wealth slipped from $16.8 billion earlier this year.

#4. Shashi and Ravi Ruia

Net worth: $10.2 billion

Brothers Shashi and Ravi Ruia, who head the Essar group are the fourth richest businessmen in India.

#5. Savitri Jindal

Net worth: $9.5 billion

Savitri Jindal is the richest woman in India Inc. The non-executive chair of O P Jindal Group, she took over the steel and power conglomerate founded by her late husband Om Prakash in 1952.

#6. Sunil Mittal

Net worth: $8.8 billion

With a fortune of $8.8 billion, chairman of Indian telecom giant Bharti Airtel, Sunil Mittal is the 8th richest man in India.

#7. Gautam Adani

Net worth: $8.2 billion

Chairman of the Adani Group, Gautam Adani’s net worth has fallen to $8.2 billion from $10 billion.

#8. Kumar Mangalam Birla

Net worth: $7.7 billion

With a net worth of $7.7 billion, chairman of the Aditya Birla Group, Kumar Birla’s wealth has fallen from $9.2 billion seen earlier this year.

#9. Pallonji Mistry

Net worth: $7.6 billion

Chairman of Shapoorji Pallonji Group, Pallonji Mistry is ranked 9th in the list.

#10. Adi Godrej

Net worth: $6.8 billion

Chairman of the Godrej group, Adi Godrej is the tenth richest Indian with a new worth of $6.8 billion.

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