MILLIONAIRES OF INDIA

Introduction :
“Hard work never fails”,this is the quote behind all
the millionaires in India and sometimes Luck too plays the fortune for
bigheads but not always.Whatever it may be according to an analysis by the
World Economic Forum the Indian economy ranks at number 50 in the
Growth Competitiveness Index. Fourteen Indians qualified as billionaires,
while 178 entries are brand new to the list of 946 people who qualify as
billionaires.Here we are about to see the Indians who are the richest among
the worlds Richie richs.

The Top Ten Richest Indian :

No #1 Lakshmi Mittal
Age: 55
Net Worth: $ 20.0 billion
Born in a remote village, he got his start when his
family moved to Calcutta and opened a small steel mill.
He has a personal stake of 87.4 percent in the $22
billion (2004 sales) Mittal Steel. A double-digit drop in
U.S and European steel prices led to a 64% fall in third-
quarter profits; the past 9 months down only 13%. He recently bought
Ukraine's largest steelmaker in a televised auction. After winning the battle
for rival Arcelor in June last year, the $34 billion merger created an industry
behemoth that now accounts for more than10% of the world’s steel
production.

No # 2 Azim Premji
Age: 60
Net Worth: $ 11.0 billion
One of the pioneers of the Indian outsourcing
phenomenon, Premji got his major break in 1978 when
IBM pulled out of India. He runs technology service
giant, Wipro, which has been on a buying spree, picking
up firms like Finnish telecom software outfit, Saraware, and Portuguese
retail software group Enabler. He owns 82% of New York-listed Wipro,
India's third-largest software exporter. His clients include Nokia, Microsoft
and Prudential. Wipro lost a few key executives this year, including Vice
Chairman, Vivek Paul. “Bangalore Tiger”, a book on Wipro’s rise, was
published recently. Premji claims that his ancient Ford Escort is his “lucky
car”.

No #3 Mukesh Ambani
Age: 48
Net Worth: $ 7.0 billion
A feud with brother Anil ended this June after their
mother brokered a settlement, which is awaiting court
approval. Mukesh will maintain control of $16 billion
(sales) Reliance Industries, the petrochemicals major
whose stock is up more than 40% since the
announcement. Primed for a global footprint in the retail business, Mukesh
Ambani’s Reliance Group is talking to French retail major, Carrefour, and
other global players to acquire a controlling stake and reach out to
international consumers with its basket of Indian food produce.

No #4 Anil Ambani
Age: 46
Net Worth: $ 5.5 billion
After the split with his brother, Anil now runs the newly
christened, Anil Dhirubhai Ambani Enterprises Group,
an offshoot of the Reliance empire, with interests in
telecom, energy and financial services. He has been
making high-profile acquisitions, mainly in
entertainment and insurance. His was the world’s fastest-growing multi-
billion dollar fortune in percentage terms as his wealth tripled in just one
year. Anil is Chairman of Reliance Capital and Reliance Communication and
Chairman and Managing Director of Reliance Energy. His personal stake in
Reliance Communication is 66%. He was chosen as the CEO of the Year at
the prestigious Platts Global Energy Awards for 2004.

No #5 Kushal Pal Singh

Age: 74
Net Worth: $ 5.0 billion
Former army officer turned property baron, Kushal Pal Singh joined his
father-in-law's company, Delhi Land & Finance in 1971. He built Gurgaon,
his showpiece township on the outskirts of Delhi, by acquiring chunks of land
from farmers. Today the DLF group, run by son Rajiv, with daughter Pia
overseeing retail projects, is India's biggest real estate developer. The DLF
Group has already developed over 35 million sq. ft. of projects across its
three key businesses of residential, commercial and retail. This group has
already secured/identified close to 250 million sq.ft. of projects for
development with ongoing projects of 100 million sq.ft.

No #6 Sunil Mittal
Age: 48
Net Worth: $ 4.9 billion
Sunil Mittal, Founder, Chairman and Managing Director
of Bharati Group can be labeled as the most ambitious
telecom entrepreneur in India. His rise from a small
bicycle business with borrowed capital to the CMD of
Bharati Group was ridden with hurdles. The turning
point came in the year 1992 when the Indian Government was awarding
licenses for mobile telephone services for the first time. One of the
conditions for the Delhi Cellular Service was the bidder had to have some
experience as a telecom operator. Mittal clinched a deal with French telecom
operator Vivendi. Two years later he secured the rights to serve New Delhi.
In 1995, Bharati Cellular Limited was formed to offer cellular services under
the brand name AirTel. In 10 years, he has built the Bharti Group into
India's largest mobile phone operator, with 14 million customers. Vodafone
bought a 10% stake in Bharti Televenture, his joint venture with Singtel, for
$1.5 billion in October. The group is now partnering with Axa in a new
insurance venture.

No #7 Kumar Birla
Age: 38
Net Worth: $ 4.4 billion
Kumar Mangalam Birla, Chairman of AV Birla Group, is
scaling up his international operations. He is the fourth-generation head of
$7.6 billion (sales) Aditya Birla Group, a commodities powerhouse named
after his late father. He announced the merger of his fertilizer, finance and
textile companies to create Aditya Birla Nuvo. While the exact details of his
global expansion program are not known, the broad contours include
acquiring a third copper mine in Australia after Nifty and Mount Gordon,
putting up a Greenfield acrylic fiber facility in Egypt, enhancing the
Alexandria Carbon Black Operation also in Egypt, exploring the possibility of
making another acquisition in China and pump priming Birla Copper to global
scale in the foreseeable future. Today 30% of the group’s turnover comes
from overseas operations.

No #8 Tulsi Tanti
Age: 47
Net Worth: $ 3.7 billion
Tulsi Tanti is the Chairman of Suzlon Energy Ltd., which
deals in wind energy. He is one of those first time
entrepreneurs who saw potential in an inchoate idea,
ventured into it, and made it big. In 1990 Tulsi Tanti
invested in two windmills and realized its huge
potential. Faced with escalating power costs, this former textile producer
moved into wind energy a decade ago, eventually building Asia's largest
wind farm and the world’s sixth largest wind energy company. In October he
listed Suzlon Energy, in which he and his three siblings own 70%. The
company is expanding into the U.S., China and Australia.

No #9 Pallonji Mistry
Age: 76
Net Worth: $ 3.3 billion
Pallonji Shapoorji Mistry, often described as being
media shy, is a construction tycoon. His employees call
him the man with no faults while his friends call him
humble. This secretive construction magnate is the
biggest shareholder in Tata Sons, a holding company
that has a big stake in India's largest software company, Tata Consultancy
Services. Today Pallonji owns 18.35% stake of Tata Sons, while Ratan Tata
himself owns less than a percent. When TCS went public, Pallonji was the
biggest beneficiary, netting more than even the Tata companies. He also
owns direct selling outfit, Eureka Forbes, the subject of a Harvard case
study. Now his firm has moved into road construction and finally at the end
of last year he was been given a contract to build a stadium in Guyana,
South America.

No #10 Anurag Dikshit

Age: NA
Net Worth: $ 3.1 billion
The richest man in Gibraltar and the 207th richest on
the planet is co-founder of Party Gambling, the parent
company of the world’s leading online poker site,
Partypoker.com. He is one of the youngest billionaires
in the world, owning 30.4% of Internet casino company
PartyGaming, which went public in London in June. He has a degree in
computer science and engineering from the Indian Institute of Technology in
Delhi. In 1998, at age 25, he began working with the then 1-year-old
company. He eventually wrote the betting software that enabled gamblers
around the world to play one another in poker. Today he manages the
Gibraltar company's operations.

Top 10 Richest Indians as per Forbes List

2009 :
The global financial crisis has hit the subcontinent hard—the wealthiest
Indians are worth 60% less than the year ago.The total net worth fell $212
billion to $139 billion,down from $351 billion a year ago.The Top 10 Indias
wealthiest persons as per Forbes,US magazine is listed below:

1 Mukesh Ambani

2 Lakshmi Mittal

3 Anil Ambani

4 Sunil Mittal

5 Kushal Pal Singh

6 Shashi & Ravi Ruia

7 Azim Premji
8 Kumar Birla

9 Adi Godrej

10 Gautam Adani

The personalities who were not discussed previously,

6.Shashi & Ravi Ruia

Net Worth : $7.6 billion

Age : 64

Brothers Essar Groups most valuable asset is 33% stake in mobile phone
operator Vodafone Essar,India’s third largest.Also own 8% in rival telecom
firm BPL mobile. Lost out to Russian firm Severstal in bid for steelmaker
Esmark this year. Other holdings in shipping, oil, construction, power.

9.Adi Godrej
Net Worth : $4 billion

Age : 66

Third generation head of Godrej Group,

a consumer products conglomerate which makes locks, soaps, mosquito
repellants, furniture and foods. In major image makeover, group logo
was changed for the first time since it was founded 111 years ago.
Following the easing of decades-old land ownership restrictions, Godrej
has outlined ambitious plans to develop family's 3,500 acre estate in
suburban Mumbai. Son Pirojsha, a Columbia grad, works in property arm.

10.Gautam Adani
Net Worth : $3.9 billion

Age : 46

Dropped out of college to start a trading outfit 20 years ago. Now his Adani
Enterprises
has interests in edible oils, power, infrastructure. Owns Mundra Port,
India's largest in private sector. Fishermen recently took Adani to
court over special economic zone he's building on western coast; court
ruled in his favor. Plans to list power subsidiary are delayed.

Top 50 CEO’s in India :

Top 50 Indian CEOs

Posted by newagemedia.

Below is the list of India Inc’s most powerful CEOs as per the survey conducted by
Economics Times, India’s premier finacial newspaper.
CEO Company 2006 2005
N.R. Narayana Murthy Infosys Technologies 1 1
Ratan Tata Tata Group 2 3
Mukesh Ambani Reliance Industries 3 2
Nandan M Nilekani Infosys Technologies 4 6
Azim Hasham Premji Wipro 5 5
Anil Ambani Reliance ADAG 6 12
Vijay Mallya UB Group 7 8
Sunil Mittal Bharti Enterprises 8 9
K.V. Kamath ICICI Bank 9 4
Kumar Mangalam Birla AV Birla Group 10 9
Rahul Bajaj Bajaj Auto 11 7
Rajiv Bajaj Bajaj Auto 12 13
S Ramadorai TCS 13 15
Chanda Kochhar ICICI Bank 14 NA
G.R. Gopinath Air Deccan 15 19
Deepak S Parikh HDFC 16 11
Jagdish Kattar Maruti Udyog 17 16
Anand G Mahindra Mahindra & Mahindra 18 28
Naresh Goyal Jet Airways 19 25
Adi B Godrej Godrej Group 20 18
Subhash Chandra Zee Telefilms 21 20
Brij Mohan Lall Munjal Hero Group 22 22
Naina Lal Kidwai HSBC India 23 45
Sameer Nair Start TV India 24 NA
A.M. Naik Larsen & Toubro 25 32
Shiv Nadar HCL Technologies 26 26
Y.V. Reddy Reserve Bank of India 27 42
Uday Kotak Kotak Mahindra Bank 28 31
O.P. Bhatt State Bank of India 29 NA
B Ramalinga Raju Satyam Computers 30 41
K Anji Reddy Dr Reddy’s Lab 31 24
Kiran Mazumdar-Shaw Biocon 32 23
Gautam Singhania Raymonds 33 52
B Muthuraman Tata Steel 34 60
Rajeev Bakshi PepsiCo India 35 59
Kishore Biyani Pantaloon Retail 36 39
A.K.Sinha BSNL 37 44
Yogesh C Deveshwar ITC 38 27
Venu Srinivasam TVS Motors 39 21
Suresh Krishna Sundaram Fastners 40 38
Renuka Ramnath ICICI Ventures 41 35
Asim Gosh Hutch 42 47
Sanjay Nayar Citigroup India 43 66
Shankar Annaswamy IBM 44 NA
Malvinder Singh Ranbaxy 45 NA
M Damodaran SEBI 46 43
S.P.Hinduja Hinduja Group 47 61
Ravi Venkatesan Microsoft India 48 52
Aditya Puri HDFC Bank 49 30
Karsanbhai Patel Nirma 50 67

Thus India has large of successful persons behind its growth in world
economy.