1. Mukesh Ambani India’s richest person for 9th consecutive year: Forbes
i. Industrialist Mukesh Ambani has been named as India’s richest person for ninth consecutive year in a row with a net worth of 18.9 billion dollars in the 2015 Forbes magazine’s India rich list.
ii. Presently, Mr. Ambani is the Chairman, Managing director (MD) and largest shareholder of Reliance Industries Limited (RIL). It should be noted that RIL is India’s second most valuable company by market value after Tata Consultancy Services (TCS).
iii. The combined wealth of India’s 100 richest persons remained largely unchanged at 345 billion dollars in 2015 as compared to 346 billion dollars in 2014.
iv. Flipkart’s co-founders Sachin and Binni Bansal have made their debut in this edition of list. They are placed at 86th position with a net worth of 1.3 billion dollars each. There are 12 newcomers in this edition of list including Flipkart’s founders, IndiGo’s co-founder Rakesh Gangwal.
v. Forbes magazine has compiled the list using shareholding and financial data obtained from individuals and families, stock exchanges, analysts and regulators.