Saturday, January 12, 2008

World's Richest from the land of Poor -India


After Reliance Industries’ Mukesh Ambani, it’s now his younger sibling, Anil Ambani to have personal wealth of over 1 trillion or Rs. 100,000 crore.
The market capitalisation of all ADAG companies stand at around 1.67 trillion while Anil Ambani’s personal share is over 1 trillion, though behind Mukesh Ambani’s wealth of 1.15 trillion.
Post demerger, ADAG companies - Reliance Communications, Reliance Capital, Reliance Energy, Reliance Natural Resources Ltd have significantly surged in market capitalisation resulting in higher shareholder returns.
In terms of richest Indians, the top two spot are now held by the Ambani brothers, followed by Bharti’s Sunil Mittal, recently listed DLF’s KP Singh and Wipro’s Aziz Premji

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