Gautam Adani, biggest wealth creator for the year 2011

By siliconindia   |   Thursday, 14 April 2011, 23:35 IST   |    2 Comments
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Gautam Adani, biggest wealth creator for the year 2011
Bangalore: Gautam Adani, was the biggest wealth creator for the year 2011. Adani made a whopping 33,211 crore at end of fiscal year 2011. The other biggies who joined the list were Azim Premji , who ended the fiscal year richer by 10,601 crore, is at No. 2, and following him are Rahul Bajaj (richer by 8,786 crore), Sunil Mittal (7,923 crore) and Dilip Shanghvi of Sun Pharma (Rs 5,156 crore) reports Economic Times. If you were wondering where are the Ambani brothers? One of the brothers?s sure made it to the list but to the list of people who lost most of the wealth this year. Anil Ambani tops the list by incurring a loss of 10,841 crore. He incurred heavy loss in the period of April 2010-March 2011. Property pashas were conspicuous wealth destroyers last fiscal year. Among them: KP Singh (poorer by 5,561 crore); Saurabh Tayal of Jaybharat Textiles (6,737 crore); Shahid Balwa and Vinod Goenka of DB Realty (5,295 crore), the Chandras of Unitech (2,737 crore) and the Wadhawans of Housing Development Infrastructure (2,157 crore). Next is the list of the Wealth destroyers?. India's richest individual by far with a market value of Rs 1,53,417 crore, Mukesh Ambani just got poorer by 4,656 crore at the end of fiscal year 2011. The list continues with The OP Jindal Group - run by brothers Prithviraj, Sajjan, Ratan and Naveen - is poorer by some 7,600 crore. The Munjals of the Hero Group (2,892 crore) and Kishore Biyani of Future Group (1,074 crore) are the others on the wealth destroyers' list.