Mukesh Ambani Retains No. 1 Position in Forbes India Rich List

New Delhi, October 13, 2019:

Forbes India Rich List is out and it shows Mukesh Ambani as the richest Indian, followed by Gautam Adani as the second richest national.

Forbes said that Mukesh Ambani has remained the richest Indian for the 12^th year in a row. He added $4.1 billion to his net worth as his telecom major Reliance Jio became one of India’s biggest mobile carriers with 340 million subscribers.

According to Forbes, Ambani maintained his position with a whopping $51.4 billion. Gautam Adani was able to make it to the second position, jumping 8 spots on the list with a net worth of $15.7 billion.

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The Rich list includes Ashok Leyland owners Hinduja brothers (3^rd position), Shapoorji Pallonji Group's Pallonji Mistry (4^th), Kotak Mahindra Bank’s Uday Kotak (5^th) and HCL Technologies’ Shiv Nadar (6^th).

The list also had six new entries -  Byju’s Founder and CEO Byju Raveendran at No. 72 with net wealth of $1.91 billion, Manohar Lal and Madhusudan Agarwal of Haldiram Snacks at No. 86 with net worth of $1.7 billion, Rajesh Mehra of Jaquar, at No. 95 with $1.5 billion net worth and Sandeep Engineer of Astral Poly Technik with $1.45 billion net worth.

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