With $22.7 billion (Rs 151,477 crore) net worth, Reliance Industries Chairman Mukesh Ambani is the richest Indian for the ninth consecutive year, American business magazine Forbes India said on Thursday.
Today Forbes India announced Reliance Industries Chairman Mukesh Ambani the richest Indian with 22.7 billion net worth.
His wealth increased from $18.9 billion to $22.7 billion within a year and he is among 100 richest Indian business tycoons.
His company Reliance offering free calls and data services until December 31 in all over the India.
According to Forbes the second richest person in India is Dilip Shangavi who is the owner of Sun Pharma Industries with $16.9 bn net worth. This year his company’s share price dropped which resulted in a decline in personal wealth as well.
Mukesh Ambani is unchallenged and the richest person in India from last 9 years.
India’s GDP growth is steady with 7% and this is highest in the region. A new Middle class is emerging and existing middle class is moving to upper class. Slogan “make in India” is focusing more industries on Indian soil and creating jobs for locals.