India raises its Tricolor high in the Forbes list
By siliconindia   |   Wednesday, 23 March 2011, 22:26 IST   |    1 Comments
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The men who dared to see unconventional dreams. The men who battled all odds and never gave up. These are the men who never take 'No' for an answer and have relentlessly scaled heights, with the strength of their virtues. They are the insurmountable 50 Indians who have made it big in the Forbes list.
Bangalore: `Lakshmi Narayan Mittal is a stalwart in the Indian steel arena. He is the chairman and chief executive officer of ArcelorMittal, the world's largest steelmaking company. He holds the position of 6th richest man in the world by acquiring an asset of $31.1 billion or $23.8 billion. He has the impregnable status of being the 44th most powerful person of the 68. Mukesh Ambani, an engineering graduate who is equally well versed in chemical engineering and the rules of the business world. Decided to bid adieu to MBA from Stanford University and joined Reliance in 1981. He is ranked as the 9th richest man in the world with $27 billion in his coffers. Azim Premji claimed the 36th position on the list with a personal asset of $16.8 billion. He is the chairman of Wipro Limited. He sits on the throne of India's third largest software development company. His assets include 74% of Wipro. Wipro Limited, which previously dealt in hydrogenated cooking fat along with consumer products, towered over its rivals by turning into $1.4 Billion organization under Premji's administration. Wipro Technologies, one of its group companies, is one of India's largest software companies and is included in the list of the top 100 technology companies globally. Gautam Adani, attained the 81st position with personal assets worth $10 billion. He is a college dropout who carried forward his father's textile business. He further took a plunge in commodity exports business after importing scarce plastic polymers. He went ahead to list adani in1994. He added infrastructure to his resume by constructing Mundra Port, one of first private-sector ports, on western coast.
Shashi and Ravi Ruja , the brothers who have taken world by a storm with their success, grabbed 42nd position with personal asset of $15.8 B. They are presently busy in expanding all their businesses, including steel, oil and power. Essar group has accumulated $15.8 billion in revenues. Refiner Essar Oil owns 50 percent in Kenya Petroleum Refineries and has made an offer to buy 3 refineries, having an optimal refining capacity of 25 million tons. Savitri Jindal & Family secured the 56th position with a net personal asset of 13.2 billion. Savitri Jindal is the Wife of late steel czar Om Prakash Jindal and the chairperson of several group companies. The segments of $4 billion (sales) Jindal group are placed under the able supervision of her 4 sons. Jindal group has a strong hold in the power sector combined with industrial gases and ports. Kumar Birla comes on the 97th position with a personal asset of $9.2 .He took the $7.6 billion (sales) commodities empire established by his great-grandfather to the next level. His assiduous ventures have registered his name in the list of the world's top 10 cement producers. In the year 2010, he instigated the merger of his fertilizer, finance and textile companies to form Aditya Birla Nuvo. Anil Ambani holds the 103rd position with a personal asset of $8.8 billion .He is one of the shining stars on the firmament of Indian Business. He is the chairman Reliance Anil Dhirubhai Ambani Group, one of the largest private conglomerates. He is a venerable member of the Board of Overseers at the Wharton School of the University of Pennsylvania.His endeavors made India to mark its presence in overseas capital markets with international public offerings of global depositary receipts, convertibles and bonds.

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