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70 billionaires in India; Mukesh Ambani richest Indian

Indian business tycoon Mukesh Ambani.
Indian business tycoon Mukesh Ambani.

According to a report, India has got 70 billionaires with Mukesh Ambani being the richest Indian.

New Delhi, March 3/Nationalturk- There are at least 70 billionaires in India with Mukesh Ambani being the richest Indian with a personal fortune of $18 billion.

“Indian business tycoon Mukesh Ambani is the richest Indian in India. The country has 70 billionaires,” reveals China-based research firm Hurun’s 2014 global rich list.

In the 2014 Hurun global rich list, India is ranked fifth with 70 billionaires, 17 more than 2013.

Other Indian business tycoons in India’s billionaire list includes Lakshmi N Mittal, Dilip Sanghvi of Sun Pharmaceutical Industries, Wipro’s Azim Premji, Tata Sons’ Pallonji Mistry and SP Hinduja.

‘India has higher No of super riches than Japan, France, Germany’

According to report, despite currency fluctuations, India has improved its position over last year. “India has higher number of these super rich individuals than Germany, Switzerland, France and Japan.”

“The combined wealth of the Indians billionaires comes to a staggering $390 billion,” the report said

It stated that India’s financial capital Mumbai is home to 33 billionaires and is among the top six billionaire cities in the world.

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