Ambani Brothers the richest:Ahead of the Walton family of Wal-mart

Published by admin on October 10th, 2007 | Tagged Achievers, Business, News, Billionaires

I felt great when I came across this news that the stock market boom has made the Ambani brothers of India the richest in the world if we combine the wealth of Mukesh and Anil Ambani.

The combined fortune of the two brothers is $91.41 billion ! This is more than the net worth of the Walton family of Wal-mart,which is around $72 billion.

Mukesh Ambani has shares worth $55.81 billion and Anil Ambani owns shares worth $35.6 billion in the groups controlled by them.

The combined wealth of the top five richest Indians Mukesh and Anil Ambani ,K P Singh,Sunil Mittal,and Azim Premji has increased to $164.01 billion,up by $28 billion.

Another nice news tells us that how the Ambani Brothers are moving up in the world’s billionaires list.When the markets closed on tuesday,the ambani brothers were worth $91.41 billion.This is 8% of India’s GDP last year.

Their combined wealth is more than the net worth Carlos Slim,the Mexican telecom tycoon,who recently became the world’s richest man.

Indian billionaire and telecom Czar,Sunil Mittal is now worth $22.4 billion,richer by $1.25 billion.The net worth of K P Singh of DLF,increased by $1 billion.

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