11 Billionaires Lost after Demonetisation Move by the Government
India’s Richie rich club has contracted by 11 individuals since demonetisation last November, while Mukesh Ambani remains the wealthiest Indian with total assets of $26 billion, a review appeared on Tuesday.
The nation now has 132 very rich people with total assets of $1 at least billion and the aggregate abundance of ultra-rich people remained at $392 billion, as indicated by Hurun Global Rich List India. In spite of the fact that there has been a fall in number of extremely rich people in the nation since demonetisation, the total aggregate abundance of the ultra-rich individuals has expanded by 16% over a year ago, the report said.
In the rundown of main 10 wealthiest individuals Ambani is trailed by the SP Hinduja and family, at the second position with total assets of $14 billion, trailed by Dilip Shanghvi, at the third position with an abundance of $14 billion. Others in the main 10 extremely rich people incorporate, Pallonji Mistry at the fourth place at $12 billion, Lakshmi N Mittal (fifth, $12 billion), Shiv Nadar (sixth, $12 billion), Cyrus Poonawalla (seventh, $11 billion), Azim Premji (eighth, $9.7 billion), Uday Kotak (ninth, $7.2 billion) and David Reuben and Simon Reuben at the tenth place with $ 6.7 billion.
As per the report, since demonetisation on 8 November, India lost 11 very rich people. “India had an intense year on account of troublesome government approaches, for example, demonetisation drive. In any case, on a long haul point of view, we do trust that such straightforward money financial matters will have a positive effect for the business visionaries,” Hurun Report India Managing Director and Chief Researcher Anas Rahman Junaid said.
NEW DELHI: The first information report filed recently against Mukesh Ambani and others by the Delhi anti-corruption bureau alleges that Read more
Prime Minister Narendra Modi, Reliance Industries Chairman Mukesh Ambani and Google’s India-born CEO Sundar Pichai are among over 50 global Read more
PARIS: Coinciding with India's move to launch an International Solar Alliance of over 100 sunshine-rich countries, the world's top industrialists Read more
State-run Indian Oil Corporation (IOC) retained top ranking in 2015 for the sixth consecutive year in the list of global Read more
