Mukesh Ambani richest Indian, Patanjali's Balkrishna in top 50; check Forbes's full list here

New Delhi, News Nation Bureau | Updated : 22 September 2016, 10:01 PM
Mukesh Ambani and Balkrishna
Mukesh Ambani and Balkrishna

Forbes’s much awaited annual list of India’s 100 richest tycoons is out. Reliance Industries Ltd (RIL) chairman Mukesh Ambani has once again bagged the pole position  with a net worth of $22.7 billion. It is noteworthy that the oil-to-retail conglomerate launched its 4G phone service, Jio, this September.

Dilip Shanghvi retained his Number 2 spot with a net worth of $16.9 billion. His wealth had gone down by $1.1 billion following a drop in the shares of his Sun Pharmaceutical Industries, the world’s fifth-largest generics maker.

The Hinduja brothers with a net worth of $15.2 billion have climbed up the rankings to bag the the third spot. The multinational conglomerate has a diversified business line businesses ranging from trucks and lubricants to banking and cable television. 

Tech Guru Aziz Premji who has mentored Wipro for the last five decades continued his stint in the top ten with a fourth spot in the coveted list.

Meanwhile top Indian business magnates Pallonji Mistry, Lakshmi Mittal, Godrej Family, Kumar Birla, Shiv Nadar and Cyrus Poonawalla rounded off the top ten list.

The minimum amount required to make the list was $1.25 billion, up from $1.1 billion in 2015. There were 13 drop-offs from the list last year, including textile figure Balkrishan Goenka and co-founders of Flipkart, Sachin Bansal and Binny Bansal.

Annual list of India's 100 richest tycoons released by Forbes’s
1  Mukesh Ambani: 22.7 (Net Worth (in $ Billion)
2  Dilip Shanghvi: 16.9
3  Hinduja brothers: 15.2
4  Azim Premji: 15
5  Pallonji Mistry: 13.9
6  Lakshmi Mittal: 12.5
7  Godrej family: 12.4
8  Shiv Nadar: 11.4
9  Kumar Birla: 8.8
10  Cyrus Poonawalla: 8.6
11  Uday Kotak: 8.3
12  Sunil Mittal: 6.6
13  Gautam Adani: 6.3
14  Benu Gopal Bangur: 5.9
15  Anand Burman: 5.85
16  Shashi & Ravi Ruia: 5.8
17  Bajaj family: 5.7
18  Subhash Chandra: 5.6
19  Savitri Jindal: 5.3
20  Desh Bandhu Gupta: 5.1
21  Vikram Lal: 5
22  Kushal Pal Singh: 4.8
23  Pankaj Patel: 5
24  Micky Jagtiani: 4.4
25  M.A. Yusuff Ali: 4
26  Madhukar Parekh: 3.9
27  Sudhir & Samir Mehta: 3.85
28  Kuldeep & Gurbachan Singh Dhingra: 3.7
29  Pawan Munjal: 3.65
30  Harsh Mariwala: 3.64
31  Vivek Chaand Sehgal: 3.6
32  Anil Ambani: 3.4
33  Kapil & Rahul Bhatia: 3.35
34  Ashwin Dani: 3.3
35  Ajay Piramal: 3.25
36  Jain family: 3.2
37  P.V. Ramprasad Reddy: 3.15
38  Ravi Pillai: 3.1
39  Vijay Chauhan: 3
40  Kalanithi Maran: 2.9
41  Murali Divi: 2.8
42  Samprada Singh: 2.7
43  Ashwin Choksi: 2.65
44  Yusuf Hamied: 2.6
45  Rajan Raheja: 2.55
46  Vinod & Anil Rai Gupta: 2.52
47  B.R. Shetty: 2.51
48  Acharya Balkrishna: 2.5
49  Abhay Vakil: 2.45
50  Chandru Raheja: 2.4
51  Baba Kalyani: 2.25
52  Karsanbhai Patel: 2.24
53  Rakesh Jhunjhunwala: 2.2
54  Reddy family: 2.15
55  Amalgamations Group family: 2.1
56  Mangal Prabhat Lodha: 2.05
57  Sunil Vaswani: 2
58  Rajendra Agarwal: 1.95
59  M.G. George Muthoot: 1.92
60  Sunny Varkey: 1.9
61  Rajesh Mehta: 1.88
62  N.R. Narayana Murthy: 1.87
63  Anil Agarwal: 1.86
64  Mannalal Agrawal: 1.85
65  Kiran Mazumdar-Shaw: 1.83
66  Hasmukh Chudgar: 1.8
67  Mofatraj Munot: 1.79
68  Lachhman Das Mittal: 1.78
69  Glenn Saldanha: 1.77
70  Abhay Firodia: 1.76
71  Nirav Modi: 1.74
72  Ramesh Juneja: 1.72
73  Murugappa family: 1.7
74  Ranjan Pai: 1.69
75  Harsh Goenka: 1.67
76  Jitendra Virwani: 1.66
77  Salil Singhal: 1.65
78  P.N.C. Menon: 1.64
79  Leena Tewari: 1.63
80  Nandan Nilekani: 1.62
81  S. Gopalakrishnan: 1.61
82  Satish Mehta: 1.6
83  Ravi Jaipuria: 1.57
84  Radhe Shyam Agarwal: 1.56
84  Radhe Shyam Goenka: 1.56
86  Sameer Gehlaut: 1.55
87  Devendra Jain: 1.54
88  Jai Hari and Yadu Hari Dalmia: 1.5
89  Vikas Oberoi: 1.45
90  Anand Mahindra: 1.42
91  Sanjiv Goenka: 1.4
92  Malvinder & Shivinder Singh: 1.38
93  Sunder Genomal: 1.35
94  Ajay Kalsi: 1.31
95  Bhavin & Divyank Turakhia: 1.3
96  Dilip & Anand Surana: 1.29
97  Azad Moopen: 1.28
98  Shamsheer Vayalil: 1.27
99  Rajju Shroff :1.26
100  Shyam & Hari Bhartia: 1.25