With 73% rise in net worth, Mukesh Ambani tops Forbes India richest list; Adani No. 2 with 61% rise

News Network

October 8, 2020

Mukesh Ambani topped the Forbes India Rich List in 2020 for the thirteenth consecutive year to remain the richest person in India.

Forbes, in a statement, said that the collective net worth of India's richest rose 14% to $517.5 billion from a year earlier, and Ambani accounts for half of these gains. The business tycoon added $37.3 billion to his fortune, raising his net worth to $88.7 billion, a rise of 73%.

Gautam Adani retained the second spot by boosting his net worth by 61% to $25.2 billion.

Tech tycoon Shiv Nadar, who ceded the post of chairman of HCL Technologies in July to his daughter Roshni Nadar Malhotra, jumped three places to no.3 with $20.4 billion net worth.

Radhakishan Damani of Avenue Supermarts stood at the fourth place with a net worth of $15.4 billion. The Hinduja brothers with $12.8 billion claimed the fifth position.

The fortune of billionaire Cyrus Poonawalla, who stood at no. 6 -- just short of the top 5 in the list -- was up 26% to $11.5 billion. Poonawalla's privately held Serum Institute of India, led by Adar Poonawalla, is among the leading manufacturers in the global race for Covid-19 vaccine.

Pallonji Mistry, Uday Kotak, the Godrej family and Lakshmi Mittal stood at positions 7, 8, 9 and 10, respectively.

Comments

Add new comment

Coastaldigest.com reserves the right to delete or block any comments.
Coastaldigset.com is not responsible for its readers’ comments.
Comments that are abusive, incendiary or irrelevant are strictly prohibited.
Please use a genuine email ID and provide your name to avoid reject.

You all can protest as much as you want, but Modi will surely amend Waqf Act: Amit Shah

News Network

November 15,2024

Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

Comments