Mukesh Ambani remains India’s richest man on Forbes’ list

 

Forbes Magazine has released its India Rich List for 2017. Reliance Industries Ltd chief Mukesh Ambani has emerged as India’s wealthiest for the 10th straight year as his net worth swelled to $38 billion (nearly Rs2.5 trillion). Wipro’s Azim Premji was the distant second with a net worth of $19 billion, moving up two places from last year, while Sun Pharma’s Dilip Shanghvi slipped from his earlier second place to the ninth now ($12.1 billion) on Forbes magazine’s annual India Rich List 2017.

According to Forbes, the combined net worth of the 100 richest Indians stood at $479 billion, a jump of 26% from $374 billion in 2016.