Mumbai home to highest number of Indian billionaires
India's financial hub has emerged as the city housing the highest number of India's richest people in the Forbes list. According to Forbes, out of the 40 Indian billionaires, 15 residing in Mumbai have a combined wealth of $62 bn.india Updated: Nov 13, 2008 17:44 IST
With as many as 15 billionaires, country's financial hub-- Mumbai-- has emerged as the city housing the highest number of India's richest people in the Forbes list.
According to the US publication Forbes, out of the 40 Indian billionaires, 15 residing in Mumbai have a combined wealth of USD 62.42 billion.
In the league of 40 billionaires, there are five people from Mumbai, including the country's richest man Mukesh Ambani, in the top 10. Others are Anil Ambani (3rd rank), Shashi and Ravi Ruia (6), Kumar Birla (8)and Adi Godrej (9).
National capital Delhi has 10 billionaires having a cumulative networth of USD 29.53 billion, next only to Mumbai.
The city boasts of country's fourth richest man--telecom czar Sunil Mittal and the richest women--Savitri Jindal-- with fortunes worth USD 7.9 billion and USD 2.9 billion, respectively. Apart from Mittal, Delhi houses one more billionaire--Kushal Pal Singh-- who has found a place in the top 10, with a networth of USD 7.8 billion.
Meanwhile, pharma major Cipla's Yusuf Hamied--who is placed at the 26th spot with a net worth of USD 1.06 billion-- resides both in Mumbai and London.
Further, another city Pune is home to four billionaires, while the country's IT hub Bangalore houses three. However, when it comes to networth, Bangalore takes the lead with USD 9.43 billion, whereas Pune's billionaires' are together worth just USD 4.22 billion.
Others billionaires residing in Mumbai includes Dilip Shanghvi (11), Uday Kotak (19),Chandru Raheja (20), Venugopal Dhoot (25), Subhash Chandra (28), Rajan Raheja (30), Niranjan Hiranandani (35), Hemant Shah (37), Gracias Saldanha (38)and Anand Jain (39).
Billionaires from Delhi includes Malvinder and Shivinder Singh (13), Shiv Nadar (15), Indu Jain (17) and Ramesh Chandra (27).
In the latest Forbes list, there are three people of Indian origin who reside in London, Dubai and Gibraltar with a total worth of USD 26.15 billion. They are steel tycoon Lakshmi Mittal, Vedanta Resources-promoter Anil Agarwal, Dubai retailer Micky Jagtiani and Anurag Dikshit.
Besides, three billionaires Gautam Adani, Kalanathi Maran and Murali Divi-- reside in Ahmedabad, Chennai and Hyderabad, respectively.