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Mukesh Ambani tops richest Indian list, Patanjali's Balkrishna ranks 48

Mukesh Ambani topped the Forbes' Richest Indians list with a net worth of $22.7 billion for the ninth consecutive year.

BT Online        Last Updated: September 22, 2016  | 13:15 IST
Mukesh Ambani tops richest Indian list, Patanjali's Balkrishna ranks 48
RIL chairman Mukesh Ambani

Mukesh Ambani topped the Forbes' Richest Indians list with a net worth of $22.7 billion for the ninth consecutive year.

Reliance Industries Limited, which disrupted the telecom sector by launching its 4G phone service Jio in September saw its shares rise by 21 per cent in the past 12 months.

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Sun Pharma's Dilip Shanghvi was the runner-up with a net worth of $16.9 billion. However, the most surprising entry in the 100 richest Indian list was that of Patanjali's Acharya Balkrishna who ranked 48 with his 97 per cent stake in Patanjali Ayurveda.

Hinduja brothers, with their multinational conglomerate, were ranked number 3. While, Wipro founder Azim Premji took the fourth spot.

There were a total of six new faces in the list including Hero Group's Pawan Munjal who ranked number 29.

However, co-founders of Flipkart Sachin Bansal and Binny Bansal did not make it to the list this year.

 

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