FORBES LIST OF INDIAN BILLIONAIRES
The PRESTIGIOUS Forbes List of Billionaires in the world as in March, 2011 is out.
Of them 55 billionaires are from India.
This Blog congratulates all the Indian billionaires on their brilliant success and wishes all of them to climb the ladder higher in the years to come.
Readers can find the List below :
| Sl no | Rank | Name | Net worth | Age | Source |
| 1 | 6 | Lakshmi Mittal | $31.1 B | 60 | Steel |
| 2 | 9 | Mukesh Ambani | $27 B | 53 | petrochemicals, oil & gas |
| 3 | 36 | Azim Premji | $16.8 B | 65 | Software |
| 4 | 42 | Shashi & Ravi Ruia | $15.8 B | 67 | Diversified |
| 5 | 56 | Savitri Jindal & family | $13.2 B | 60 | Steel |
| 6 | 81 | Gautam Adani | $10 B | 48 | commodities, infrastructure |
| 7 | 97 | Kumar Birla | $9.2 B | 43 | commodities |
| 8 | 103 | Anil Ambani | $8.8 B | 51 | Diversified |
| 9 | 110 | Sunil Mittal & family | $8.3 B | 53 | telecom |
| 10 | 130 | Adi Godrej & family | $7.3 B | 68 | Diversified |
| 11 | 130 | Kushal Pal Singh | $7.3 B | 79 | real estate |
| 12 | 154 | Anil Agarwal | $6.4 B | 57 | mining, metals |
| 13 | 159 | Dilip Shanghvi | $6.1 B | 55 | pharmaceuticals |
| 14 | 182 | Shiv Nadar | $5.6 B | 65 | Information technology |
| 15 | 265 | Malvinder & Shivinder Singh | $4.1 B | 38 | healthcare |
| 16 | 310 | Kalanithi Maran | $3.5 B | 45 | media |
| 17 | 347 | Uday Kotak | $3.2 B | 51 | banking |
| 18 | 376 | Micky Jagtiani | $3 B | 59 | Retail |
| 19 | 393 | Subhash Chandra & family | $2.9 B | 60 | media |
| 20 | 440 | Pankaj Patel | $2.6 B | 57 | pharmaceuticals |
| 21 | 440 | Indu Jain | $2.6 B | 74 | media |
| 22 | 440 | G. M. Rao | $2.6 B | 60 | infrastructure |
| 23 | 512 | Cyrus Poonawalla | $2.3 B | 69 | biotech |
| 24 | 540 | Rajan Raheja & family | $2.2 B | 56 | Diversified |
| 25 | 564 | Desh Bandhu Gupta | $2.1 B | 73 | pharmaceuticals |
| 26 | 595 | N.R. Narayana Murthy & family | $2 B | 64 | Software |
| 27 | 595 | Gautam Thapar | $2 B | 50 | engineering, paper |
| 28 | 595 | Sudhir & Samir Mehta | $2 B | 56 | Diversified |
| 29 | 595 | Aloke Lohia | $2 B | 52 | chemicals |
| 30 | 651 | Venugopal Dhoot | $1.9 B | 59 | electronics |
| 31 | 651 | Chandru Raheja | $1.9 B | 70 | real estate |
| 32 | 692 | Nandan Nilekani & family | $1.8 B | 55 | Software |
| 33 | 736 | Ajay Kalsi | $1.7 B | N/A | oil |
| 34 | 782 | Rahul Bajaj | $1.6 B | 72 | motorcycles |
| 35 | 782 | Senapathy Gopalakrishnan & family | $1.6 B | 55 | Software |
| 36 | 833 | Brijmohan Lall Munjal | $1.5 B | 87 | motorcycles |
| 37 | 833 | K. Anji Reddy | $1.5 B | 69 | pharmaceuticals |
| 38 | 879 | Vijay Mallya | $1.4 B | 55 | liquor |
| 39 | 879 | Ajay Piramal | $1.4 B | 55 | pharmaceuticals |
| 40 | 879 | Vikas Oberoi | $1.4 B | 40 | real estate |
| 41 | 938 | Baba Kalyani | $1.3 B | 62 | Engineering |
| 42 | 938 | Rama Prasad Goenka | $1.3 B | 81 | Diversified |
| 43 | 993 | Keshub Mahindra | $1.2 B | 87 | Diversified |
| 44 | 993 | K Dinesh & family | $1.2 B | 56 | Software |
| 45 | 993 | Rakesh Jhunjhunwala | $1.2 B | 50 | Investments |
| 46 | 993 | Brij Bhushan Singal | $1.2 B | 74 | Steel |
| 47 | 1057 | Yusuf Hamied & family | $1.1 B | 74 | Pharmceuticals |
| 48 | 1057 | S.D. Shibulal & family | $1.1 B | 56 | Software |
| 49 | 1057 | Bhupendra Kumar Modi | $1.1 B | 62 | telecom |
| 50 | 1057 | Mangal Prabhat Lodha | $1.1 B | 55 | real estate |
| 51 | 1140 | Ramesh Chandra | $1 B | 71 | real estate |
| 52 | 1140 | Anu Aga | $1 B | 68 | Engineering |
| 53 | 1140 | Ashwin Dani | $1 B | 68 | paints |
| 54 | 1140 | Harindarpal Banga | $1 B | 60 | commodities |
| 55 | 1140 | Mofatraj Munot | $1 B | 66 | real estate |
I do not find the mention of Pakistan in the List.
China has its billionaires. But, the first one is at sl.95. The state ownership of most industries is presumably the cause.
So what are the lessons India can learn from this List?
India must allow its private entrepreneurs at all levels to grow bigger and more successful within India and in the world arena – without putting unnecessary fetters on their initiative.
Many in the list are first generation Entrepreneurs – which must be heartening to any budding entrepreneurs. Some are second generation entrepreneurs.
I think, these 55 men and women are the biggest employers in India and also biggest contributors to taxes (all taxes put together). Of them, seven are in the first 100. We can expect many in the list to improve their ranking next year. We can also expect many more Indians to figure in the list next year.
So, obviously, there is absolutely NO LACK OF TALENT, SKILLS or INITIATIVE in India. We are FAR SUPERIOR in this respect to many countries.
Government must therefore ensure that these people are allowed – to flower .
Corrupt Politicians, Corrupt bureaucrats, suffocating Red tape, interference by Law and order machinery are some factors – which artificially restrain our Great talent pool. These restraining factors must be taken care of so that they do not in the way of legitimate success of any entrepreneur..
Are there any Omissions in the List? I don’t find RATAN TATA in the list!!
Is he a billionaire or not?
Am I wrong some where? Or is Forbes wrong somewhere?
Readers are invited to offer their opinions, suggestions, criticisms etc – which will be gratefully accepted by this Blog.
Any way – Forbes is doing a GREAT JOB in compiling this list of Billionaires and generating tremendous enthusiasm among others also to emulate the success of these Peers.
Congrats to Forbes.
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