top ten businssmen in the world

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Page 1: Top Ten Businssmen in the World

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Top ten businssmen in the world

1. Warren Buffett (US). $62 billion

2. Carlos Slim Helu (Mexico). $60 billion

3. Bill Gates (US). $58 billion

4. Lakshmi Mittal (India). $45 billion5. Mukesh Ambani (India). $43 billion

6. Anil Ambani (India). $42 billion

7. Ingvar Kamprad (Sweden). $31 billion

8. KP Singh (India). $30 billion

9. Oleg Deripaska (Russia). $28 billion

10. Karl Albrecht (Germany). $27 billion

TOP 10 BUSINESS MEN IN INDIA...................................«

1. Lakshmi Mittal, 55

Company: Mittal Steel

Net worth: $20bn

Named after the Hindu deity of fortune and prosperity, the steel tycoon is ³quintessentially Indian´, despite having

lived in Britain since the 1970s, says The South China Morning Post. Born in a remote village, he got his start when

his family moved to Calcutta and opened a small steel mill. Within 20 years, Ispat International was hailed as ³the

best steel firm on the planet´. The 2004 merger with rival International Steel Group also made it the largest. Today,

Mittal Steel, of which he owns 87.4%, continues to expand, but ironically, it does no business in India. It¶s ³one of my

biggest disappointments´, says Mittal.

2. Azim Premji, 60

Company: Wipro TechnologiesNet worth: $11bn

³The father of the Indian outsourcing phenomenon´, Premji got his major break in 1978 when IBM pulled out of India,

says The Independent. Premji had inherited Wipro, then a company selling cooking fat, on his father¶s death in 1966

and decided to move into the nascent computing business. He still owns 82% of the New York-listed company: it has

annual revenues of £1bn, while clients include Nokia, Microsoft and Prudential. Still, this tycoon belongs to the old-

banger school of billionaires: his ancient Ford Escort is, he says, ³a lucky car´.

3. Mukesh Ambani, 48

Company: Reliance Industries

Net worth: $7bn

News that a feud between the warring Ambani brothers had been resolved sent Indian stocks to new highs last

summer, says The Economist. The brothers are heirs to the $22.5bn Reliance Group built up from a simple textile-

trading business by their former school-master father ± and they had been at daggers since his death in 2002. Luckilytheir mother was finally able to broker a truce (after taking advice from religious astrologers), says Newsweek, and in

the ensuing demerger, Mukesh, ³a family man and meticulous planner´, kept the group¶s petrochemicals flagship,

Reliance Industries, and Indian Petrochemicals Corp.

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4. Anil Ambani, 46

Company: Anil Dhirubhai Ambani Enterprises

Net worth: $5.5bn

 At the height of the feud (see story above), Anil Ambani achieved notoriety for alleging that his brother had broken

corporate governance regulations, says BusinessWeek. He now seems ³almost his usual self ± brash, natty and

cheerful´. The Wharton graduate, married to a Bollywood actress, hasn¶t done too badly from the split, says the FT:

his new group controls Reliance¶s telecoms and finance firms.

5. Kushal Pal Singh, 74

Company: Delhi Land & Finance

Net worth: $5bn

The former army officer joined his father-in-law¶s firm in 1971 and transformed it into India¶s biggest real-estate

developer. His big breakthrough, says The Times of India, was transforming a barren expanse of land outside Delhi

into Guargaon: ³the most competitive city-suburb in India´. The development even spawned a new word: Guppie ± a

Guargaon yuppie.

6. Sunil Mittal: Age 48

Company: Bharti Group

Net worth $4.9bn

India¶s ³most ambitious telecom entrepreneur´ describes himself as ³the product of economic reform´, saysBusinessWeek. He started a bicycle-parts business at a precociously early age before moving into telephony in the

1980s. In the past ten years, Mittal has grabbed 22% of India¶s mobile-phone market. Recent attempts to diversify

have proved less successful, says the FT. Mittal had hoped to overhaul India¶s food chain and make it a leading

exporter. ³This is work in progress,´ he says.

7. Kumar Mangalam Birla, 38

Company: Aditya Birla Group

Net worth: $4.4bn

The head of the close-knit Birla clan inherited control of the commodities and electronics powerhouse on the death of 

his father in 1995. Many feared the LSE graduate wouldn¶t be up to the job, says BusinessWeek. He has proved

them wrong, but his preference for privacy has recently been hit by an elderly cousin leaving a chunk of the empire to

her accountant, says The Hindu. Birla has vowed to win it back. The case continues.

8. Tulsi Tanti, 47

Company: Suzlon Energy

Net worth: $3.7bn

The textile producer moved into wind energy ten years ago, says Forbes. In October, he listed Suzlon Energy, in

which he and his siblings own 70%. He is now expanding into the US and China.

9. Pallonji Mistry, 76

Company: multiple interests

Net worth: $3.3bn

Often described as the ³king-maker of Corporate India´, the secretive construction magnate is the biggest

shareholder in Tata Sons, a holding company with a big stake in India¶s largest software company, Tata Consultancy

Services, says The Australian.

10. Anurag Dikshit, 34

Company: PartyGaming

Net worth: $3.1bn

The software brain behind PartyGaming is a ³non-gambling, vegetarian Hindu´, says the FT. Before his 1988 chance

meeting with co-founder Ruth Parasol, he¶d honed his programming skills in the US at AT&T and Lucent. A

workaholic based in Gibraltar, he keeps a low profile.

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Here is the list of top ten richest person in India and the latest updates about the top ten Indian richest people listed by the

networth.The list of top ten richest man in India may differ by their latest networth.

1.Mukesh Ambani From Mumbai with main source as Reliance Industries.

2.Lakshmi Mittal From London with main source as ArcelorMittal.

3.Anil Ambani From Mumbai with main source as Anil Dhirubhai Ambani Group.

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4.Kushal Pal Singh From Delhi with main source as DLF Universal.

5.Azim Premji From Bangalore with main source as Wipro Technologies.

6.Sunil Mittal From Delhi with main source as Bharti Airtel.

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7.Srichand and Gopichand Hinduja From London with main source as Hinduja Group.

8.Shashi Ruia And Ravi Ruia From Mumbai with main source as Essar Group.

9.Ramesh Chandra From Delhi with main source as Unitech.

10.Kumar Mangalam Birla From Mumbai with main source as Aditya Birla Group.

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Born: December 28, 1932

Died: July 6, 2002

Achievements: Dhiru Bhai Ambani built India's largest private sector company. Created an equity cult in the Indian capital market.

Reliance is the first Indian company to feature in Forbes 500 list

Dhirubhai Ambani was the most enterprising Indian entrepreneur. His life journey is reminiscent of the rags to riches story. He is

remembered as the one who rewrote Indian corporate history and built a truly global corporate group.

Dhirubhai Ambani alias Dhirajlal Hirachand Ambani was born on December 28, 1932, at Chorwad, Gujarat, into a Modh family. His

father was a school teacher. Dhirubhai Ambani started his entrepreneurial career by selling "bhajias" to pilgrims in Mount Girnar 

over the weekends.

 After doing his matriculation at the age of 16, Dhirubhai moved to Aden, Yemen. He worked there as a gas-station attendant, and as

a clerk in an oil company. He returned to India in 1958 with Rs 50,000 and set up a textile trading company.

 Assisted by his two sons, Mukesh and Anil, Dhiru Bhai Ambani built India's largest private sector company, Reliance India Limited,

from a scratch. Over time his business has diversified into a core specialisation in petrochemicals with additional interests in

telecommunications, information technology, energy, power, retail, textiles, infrastructure services, capital markets, and logistics.

Dhirubhai Ambani is credited with shaping India's equity culture, attracting millions of retail investors in a market till then dominated

by financial institutions. Dhirubhai revolutionised capital markets. From nothing, he generated billions of rupees in wealth for those

who put their trust in his companies. His efforts helped create an 'equity cult' in the Indian capital market. With innovative

instruments like the convertible debenture, Reliance quickly became a favorite of the stock market in the 1980s.

In 1992, Reliance became the first Indian company to raise money in global markets, its high credit-taking in international markets

limited only by India's sovereign rating. Reliance also became the first Indian company to feature in Forbes 500 list.

Dhirubhai Ambani was named the Indian Entrepreneur of the 20th Century by the Federation of Indian Chambers of Commerce and

Industry (FICCI). A poll conducted by The Times of India in 2000 voted him "greatest creator of wealth in the century".  

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