02 March 2015 :: Reliance Industries Limited chairman Mukesh Ambani once again topped the list of 90 Indian billionaires. Mukesh Ambani has retained his position as the richest Indian for the eighth year in a row with a net worth of $21 billion, while moving up one place on the global rich list that has been topped once again by software czar Bill Gates.
Among the 90 Indians on the Forbes Rich List 2015, published on Monday, Mr Ambani (39th globally) is closely followed by pharmaceuticals business tycoon Dilip Shanghvi (44th rank with networth of $20 billion) and Azim Premji (48th with $19.1 billion).
Indian billionaires include: 39. Mukesh Ambani ($21 billion); 44. Dilip Shanghvi ($20 billion); 48. Azim Premji ($19.1 billion); 66. Shiv Nadar ($14.8 billion); 69. Hinduja Brothers ($14.5 billion); 82. Lakshmi Mittal ($13.5 billion); 129. Ananda Krishnan ($9.7 billion); 142. Kumar Mangalam Birla ($9 billion); 185. Uday Kotak ($7.2 billion), 208. Gautam Adani ($6.6 billion), 208. Sunil Mittal and family ($6.6 billion), 208. Cyrus Poonawalla ($6.6 billion), 254. Desh Bandhu Gupta ($5.8 billion); 283. Savitri Jindal and family ($5.3 billion).
Mukesh Dhirubhai Ambani (born 19 April 1957) is an Indian business magnate who is the Chairman, Managing Director and largest shareholder of Reliance Industries Limited (RIL), a Fortune Global 500 company and India’s second most valuable company by market value. He holds a 44.7% stake in the company. He is the elder son of the late Dhirubhai Ambani and the brother of Anil Ambani. RIL deals mainly in refining, petrochemicals, and in the oil and gas sectors. Reliance Retail Ltd., another subsidiary, is the largest retailer in India.
In 2014, he was ranked 36 on Forbes list of the world’s most powerful people and in 2010, he was included in Forbes’s list of “68 people who matter most”. As of 2013, he is India’s richest man and second richest man in Asia. Ambani is listed as the 19th richest person in the world with a personal wealth of $23.6 billion. He has retained his position as India’s richest person for the sixth year in a row. Through Reliance, he also owns the Indian Premier League franchise Mumbai Indians. In 2012, Forbes named him one of the richest sports owners in the world.
He has served on the board of directors of Bank of America Corporation and the international advisory board of the Council on Foreign Relations. He was the Chairman of the Board of Indian Institute of Management Bangalore, one of the leading business schools in India.