Kushal Pal Singh Guides

Top 10 Richest Indians

These are painful times for India's richest as the ongoing global turmoil drastically reshapes their fortunes. The country's once soaring stock market fell 48% in the 12 months, the rupee depreciated 24% against the dollar and gross domestic product growth is expected to slow down to 7.5%, partly owing to double-digit inflation. All of this conspired to knock 60% off the combined fortunes of the nation's 40 wealthiest. Their total net worth fell $212 billion, to $139 billion, down from $351 billion a year ago. ?

World's Richest Indians

India is home to the largest number of billionaires in Asia. The four richest Indians are worth an astonishing $180 billion. Steel tycoon Lakshmi Mittal, who lives in London, is No. 1, worth $51 billion, but Mukesh Ambani, whose Reliance Industries is India's most valuable company, is quickly closing the gap. His net worth jumped $30.5 billion to $49 billion, making him the year's biggest gainer. His estranged brother Anil is close on his heels, up $30.2 billion to $45 billion. Fourth is Kushal Pal Singh, worth $35 billion after the listing of his flagship DLF, is now the world's richest re...