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Mukesh Ambani 18th Richest Man In World: Bloomberg

Mukesh Ambani 18th Richest Man In World: Bloomberg

According to the India Journal, Indian business magnate Mukesh Ambani is the 18th richest person in the world  on the Bloomberg Billionaires Index, with a personal wealth of $24.7 billion in 2012. Ambani runs Reliance Industries Ltd, a India petrochemicals conglomerate with interests in retailing and some assets in the United States.

On the Bloomberg Billionaires Index, a  ranking of the world’s 100 wealthiest individuals, there are three other billionaires of Indian origin, but the list changes daily

#39: Lakshmi Mittal – Mittal owns 38 percent of ArcelorMittal, the world’s biggest steelmaker. He is the Luxembourg-based company’s largest shareholder. The U.K. resident owns several London properties, including mansions on Billionaires Row near Kensington Palace. The Goldman Sachs director has a 34 percent stake in the Queens Park Rangers soccer team.

#48: Azim Premji – Premji is the chairman and largest shareholder of Bangalore-based Wipro, India’s third-biggest software exporter. The company employs more than 135,000 people and has annual revenue of more than $7.8 billion. He also owns a private equity fund, PremjiInvest, which manages his $1 billion personal portfolio, and interest in JM Financial.

#91: Shapoorji Pallonji Mistry, now an Irish national, who owns 18 percent of the Tata Sons holding company of the Tata Group. His son, Cyrus Mistry, also an Irish National, is now chairman of the Tata sons.

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