Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Twitter
Vivo
Chitra Ramkrishna
Stock Market
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / Business News / Forbes names Mukesh Ambani 'richest Indian' for 11th straight time
Business

Forbes names Mukesh Ambani 'richest Indian' for 11th straight time

Forbes names Mukesh Ambani 'richest Indian' for 11th straight time
Written by Zainab Ahmed
Oct 04, 2018, 02:53 pm 2 min read
Forbes names Mukesh Ambani 'richest Indian' for 11th straight time

Mukesh Ambani, the Chairman of Reliance Industries, has once again emerged as the richest Indian - for the 11th consecutive year - with a net worth of $47.3 billion, according to Forbes magazine. Not just the richest, Ambani is also the year's biggest gainer, adding $9.3 billion to his wealth amid the surging success of his Reliance Jio broadband telco service. Here's more.

Details
The other contenders on the Forbes list

As per the Forbes India Rich List 2018, Wipro Chairman Azim Premji is on the second spot, adding $2bn to his wealth of $21bn. Meanwhile, ArcelorMittal CEO Lakshmi Mittal has climbed to the third slot with a net worth of $18.3bn, increasing his wealth by $1.8bn, followed by the Hinduja brothers with a net worth of $18 billion and Pallonji Mistry with $15.7bn.

Information
Other business tycoons in the top 10

Other business tycoons making it to the top 10 on the list are Shiv Nadar with $14.6 billion, the Godrej family with $14 billion, Dilip Shanghvi with $12.6 billion, Kumar Birla with $12.5 billion, and Gautam Adani with a net worth of $11.9 billion.

Forbes speaks
The growth in India's overall riches shows India's economic advancements

"The growth in the overall wealth of India's richest in a challenging year is one indicator of the country's economic advancement. New faces on the list -five of them- are also an encouraging sign of the rise of domestic mega-firms, many with a presence in global-markets," Forbes India Editor Brian Carvalho said. This list was compiled using shareholding/financial information of the families and individuals.

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Zainab Ahmed
Zainab Ahmed
Mail
Latest
India
Mukesh Ambani
Godrej Group
Forbes
Reliance
Related
Latest
2022 French Open: Tsitsipas and Medvedev through to fourth round
2022 French Open: Tsitsipas and Medvedev through to fourth round Sports
Uttarakhand bypoll: UP CM Yogi Adityanath campaigns for Pushkar Dhami
Uttarakhand bypoll: UP CM Yogi Adityanath campaigns for Pushkar Dhami Politics
2022 French Open: Badosa retires; Sabalenka beaten by Giorgi
2022 French Open: Badosa retires; Sabalenka beaten by Giorgi Sports
RR's Obed McCoy to participate in T20 Blast
RR's Obed McCoy to participate in T20 Blast Sports
Yamaha MT-15 Version 2.0 sells over 9,000 units in April
Yamaha MT-15 Version 2.0 sells over 9,000 units in April Auto
India
Booker-Prize winner Geetanjali Shree expresses 'sense of responsibility towards literature'
Booker-Prize winner Geetanjali Shree expresses 'sense of responsibility towards literature' Lifestyle
Sri Lanka PM thanks India for support during 'difficult period'
Sri Lanka PM thanks India for support during 'difficult period' World
Geetanjali Shree becomes first Hindi novelist to win Booker Prize
Geetanjali Shree becomes first Hindi novelist to win Booker Prize World
School performances drop below 2017 levels barring Punjab, Rajasthan: Survey
School performances drop below 2017 levels barring Punjab, Rajasthan: Survey India
Centre reconstitutes Inter-State Council; Modi to be chairman: Details here
Centre reconstitutes Inter-State Council; Modi to be chairman: Details here India
More News
Mukesh Ambani
Gautam Adani joins $100 billion club, surpasses Mukesh Ambani
Gautam Adani joins $100 billion club, surpasses Mukesh Ambani Business
Why did Anil Ambani resign? What is his net worth?
Why did Anil Ambani resign? What is his net worth? Business
At $49 billion, Adani's wealth jumped the most in 2021
At $49 billion, Adani's wealth jumped the most in 2021 Business
Gautam Adani overtakes Mukesh Ambani as Asia's richest person
Gautam Adani overtakes Mukesh Ambani as Asia's richest person Business
Mukesh Ambani brings home a new Rolls-Royce Cullinan SUV
Mukesh Ambani brings home a new Rolls-Royce Cullinan SUV Auto
More News
Godrej Group
Rising intolerance, hate crimes can damage economic growth: Adi Godrej
Rising intolerance, hate crimes can damage economic growth: Adi Godrej India
End of an era: Godrej Properties buys iconic RK Studios
End of an era: Godrej Properties buys iconic RK Studios Entertainment
TV, consumer appliance prices to increase by 7% next month
TV, consumer appliance prices to increase by 7% next month Business
Godrej Consumer Products eyes 5% e-commerce revenues in 3-4 years
Godrej Consumer Products eyes 5% e-commerce revenues in 3-4 years Business
GST-cut: Refrigerators, washing-machines, vacuum-cleaners are now 8-10% cheaper
GST-cut: Refrigerators, washing-machines, vacuum-cleaners are now 8-10% cheaper Business
More News
Forbes
Gautam Adani becomes world's 5th richest person, surpasses Warren Buffett
Gautam Adani becomes world's 5th richest person, surpasses Warren Buffett Business
Forbes Billionaires List 2022: Meet the richest Indian women billionaires
Forbes Billionaires List 2022: Meet the richest Indian women billionaires Business
Sitharaman, 3 other Indians named among Forbes' 'most powerful women'
Sitharaman, 3 other Indians named among Forbes' 'most powerful women' India
Cristiano Ronaldo is the world's highest-paid footballer
Cristiano Ronaldo is the world's highest-paid footballer Sports
Mukesh Ambani dethrones Jack Ma as Asia's richest person
Mukesh Ambani dethrones Jack Ma as Asia's richest person Business
More News
Reliance
Amazon succeeded in 'destroying' us: Future Retail tells Supreme Court
Amazon succeeded in 'destroying' us: Future Retail tells Supreme Court Business
JioPhone Next's specifications leaked. Can it disrupt entry-level smartphone market?
JioPhone Next's specifications leaked. Can it disrupt entry-level smartphone market? Technology
Jio compensates users affected by yesterday's service outage: Details here
Jio compensates users affected by yesterday's service outage: Details here Technology
Future-Reliance deal: SC stays Delhi HC proceedings on Amazon's plea
Future-Reliance deal: SC stays Delhi HC proceedings on Amazon's plea Business
Reliance Life Sciences gets approval for COVID-19 vaccine trial
Reliance Life Sciences gets approval for COVID-19 vaccine trial India
More News
Related
Ambani, Adani to turn competitors over green energy domination
Ambani, Adani to turn competitors over green energy domination Business
Reliance AGM: Ambani inducts Saudi Aramco chairman on RIL board
Reliance AGM: Ambani inducts Saudi Aramco chairman on RIL board Business
Next News Article
Next News Article

Love Business news?

Subscribe to stay updated.

Business Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022