The demonetization of last year has held a great impact on the
Richies club of India as the club has shrunk down to 11 people. As per
the reports of Leading Indian News aggregator, Mukesh Ambani is still
the richest man in India with a net worth of $26 million and there are
more biggies in the billionaire club in India.
India today homes
132 billionaires those who have the net worth of $ 1 billion and more.
The cumulative income of the Richie club somehow equals to $392 billion
as per the report of Hurun Global Rich List India.
The report
also stated that although the total number of the billionaires in the
country has shown a declining pattern after thed Demonetization impact,
the net worth of the biggies in total have increased by 16% over last
year.
The top 10 riches of India include Mukesh Ambani who is
closely followed by Hinduja & family at the second position. Their
net worth is $14 billion. The third position is held by Dilip Sanghvi
with a net worth of $14 billion.
The top 10 people of India are;
with net worth of 12 billion, Pallonji Mistry at fourth place, Lakshmi
Mittal with a net worth of 12 billion on the fifth position, Sixth
position is occupied by Shiv Nadar, $ 12 billion, Cyprus Poonawala is
seventh with wealth of $11 billion, Azim Premji eighth with $9.7
billion in his kitty,Uday Kotak ninth and has $7.2 Billion and tenth is
Simon Reuben who holds the wealth of $6.7 billion.
Anas Rahman
Junaid, managing director and chief researcher, Hurun Report India said,
"India had a tough year because of disruptive government policies such
as demonetisation drive. However, on a long-term perspective, we do
believe that such transparent currency economics will have a positive
impact for the entrepreneurs,"
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