Mukesh
Ambani, who has been named India's richest person for the ninth year in
a row with a sharp increase in net worth to $22.7 billion, has fortune
that is equal to Estonia's GDP, says Forbes India.
Similarly, Wipro's Azim Premji - the fourth richest Indian on the Forbes list - has a net worth of $15 billion, which is more than Mozambique's GDP of $14.7 billion.
Sun Pharma's Dilip Shanghvi is the second richest with a wealth of $16.9 billion, while the Hinduja family moved up to the third position ($15.2 billion) on the annual list of India's 100 Richest People.
With a wealth of $13.90 billion, Pallonji Mistry is the fifth richest Indian on the list.
According to magazine, the total wealth of India's top five billionaires, which stands at a whopping $83.7 billion, is more than the cost of 1,230 Mars Orbiter 'Mangalyaan' Missions and is more than 18 times the cost of hosting the 2016 Rio Olympics.
According to the list, the total wealth of the 100 richest stood at $381 billion, up 10 per cent from $345 billion in 2015.
Besides, the top 10 billionaires from the 2015 list also figure in the 2016 top 10, with a few inter se changes.
The top gainers on the list in percentage terms were K P Singh ($4.80 billion) and Ajay Piramal ($3.25 billion) who added a whopping 84.6 per cent and 82.6 per cent to their wealth, respectively.
Similarly, Wipro's Azim Premji - the fourth richest Indian on the Forbes list - has a net worth of $15 billion, which is more than Mozambique's GDP of $14.7 billion.
Sun Pharma's Dilip Shanghvi is the second richest with a wealth of $16.9 billion, while the Hinduja family moved up to the third position ($15.2 billion) on the annual list of India's 100 Richest People.
With a wealth of $13.90 billion, Pallonji Mistry is the fifth richest Indian on the list.
According to magazine, the total wealth of India's top five billionaires, which stands at a whopping $83.7 billion, is more than the cost of 1,230 Mars Orbiter 'Mangalyaan' Missions and is more than 18 times the cost of hosting the 2016 Rio Olympics.
According to the list, the total wealth of the 100 richest stood at $381 billion, up 10 per cent from $345 billion in 2015.
Besides, the top 10 billionaires from the 2015 list also figure in the 2016 top 10, with a few inter se changes.
The top gainers on the list in percentage terms were K P Singh ($4.80 billion) and Ajay Piramal ($3.25 billion) who added a whopping 84.6 per cent and 82.6 per cent to their wealth, respectively.
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