For the first time, the 100 richest tycoons in India are all billionaires with Mukesh Ambani topping the league for the eighth consecutive year, according to Forbes . With a net worth of $23.6 billion, up $2.6 billion from last year, RIL Chief Mukesh Ambani topped the list for the eighth consecutive year. Mr. Ambani was followed by Dilip Shanghvi, who got richer this year by $4.1 billion. Mr. Shanghvi is the new No. 2, after he displaced steel baron Lakshmi Mittal ($15.8 billion), who slipped to the fifth place. Wipro’s Azim Premji moved up one notch to the number three position as his net wealth increased to $16.4 billion from $13.8 billion previously. Pallonji Mistry of construction giant Shapoorji Pallonji Group, which is the biggest shareholder in Tata Sons, with a new worth of $15.9 billion, was placed in the fourth place.
Forbes said that “good days are here” for the India’s 100 richest, as the top 100 richest Indians are all billionaires with a combined wealth of $346 billion, up more than a third from $259 billion in 2013.
