18 November 2006


    MONEYCONTROL (www.moneycontrol.com)
    2006-11-18 11:29

    The Forbes list of richest Indians is out and India’s top 10 have seen their net worth skyrocket almost 60 % in a year reports CNBC-TV18.

    The top 10 Indian billionaires have added USD 64 billion to their net worth in a year.

    Lakshmi Mittal, who is also the world’s third richest man, has been crowned the richest Indian once again this year. Mittal went on a fierce and controversial acquistion spree, but added USD 5 billion to his net worth of approximately USD 25 billion dollars.

    Claiming the next two spots are the Ambani brothers, with Mukesh Ambani ranking second and Anil Ambani at the third position. Both have climbed up one spot from last year. Azim ‘Wipro’ Premji is now at number 4 on the billionaire ladder, down two positions from last year.

    Interestingly, the list of the new barons on the block has seen five new faces this year. At number nine stands the surprise entry of Ramesh Chandra who cashed in on middle-class housing to garner a net worth of USD 5.3 billion dollars. The four other money magnates include Sun TV’s Kalanithi Maran, tractor tycoon Keshub Mahindra, India’s largest commodity exchange founder Jignesh Shah, and Infosys co-founder K Dinesh.

    The list saw many upheavels, causing seven dropouts this year. One was Biocon’s Kiran Mazumdar-Shaw – Biocon shares fell by 26 % in the past year. But the biggest loser was Anurag Dixit, at number 29, who had set up the world’s largest online poker company, Partygaming. Shares in his firm tanked this year on regulatory issues concerning online gaming.


    Related News

    • 1xbet site shuts down

      Games & Casino News

      1xBet Shuts Down UK-Facing Operation Amid Regulatory ProbeNikola Djordjevic16 August 2019

      Russia-based casino and sportsbook operator has shuttered its United Kingdom facing site on August 9th after an investigation by the Sunday Times and a regulatory probe into the actions of the company. 1xBet is one of the largest iGaming presences in the CIS regions but operates in other markets as well. In the UK, they had been working with white-label platform provider, FSB Tech.

      Read full article
    • Fortune factory studios launches showdown saloon slot

      New Online Slots

      Fortune Factory Studios Launches Showdown Saloon SlotJesse Eddleman11 December 2018

      The exclusive content distribution deal between Fortune Factory Studios and Microgaming has the former producing high-quality slot content for the Quickfire platform. This gives them a tremendous level of distribution, and it gives Microgaming additional high-end content. This deal is the backdrop for the most recent Fortune Factory Studios title, and it's the Showdown Saloon slot with its Western-themed action. What This New Game Offers

      Read full article
    • Joker millions by yggdrasil pays out %e2%82%ac3.5m at vera john

      Slot Winners

      Joker Millions by Yggdrasil pays out €3.5m at Vera&JohnLars01 November 2017

      Yggdrasil Gaming’s wildly popular Joker Millions progressive slot has awarded a Swedish player 33,748,248 Swedish krona (SEK) [€3,475,894] in jackpot winnings. The lucky spin happened on a mobile device while betting just 7.5 SEK (~€0.70) per spin on October 26, 2017. The unnamed winner was playing at Vera&John casino when the lucky gambler's life changed in an instance. Second Biggest Ever

      Read full article