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Forbes update; Richest Indians 2017 and their Net worth

2. Mukesh Ambani

richest indians

$49 billion/Mumbai

50. Married, 3 children

India’s richest resident derives much of fortune from petrochemicals giant Reliance Industries, founded by late father, Dhirubhai, now India’s most valuable company, with $100 billion market cap. Stock on tear since split with brother Anil and listing of oil-refining subsidiary Reliance Petroleum. Building a 27-story home.

 

1. Lakshmi Mittal

richest indian

$51 billion/London

57. Married, 2 children

Asia’s richest man celebrated merger between his Mittal Steel and Arcelor in September, with party for 100 bankers, advisers. Called it Mittal’s 111. ArcelorMittal, which he heads, is world’s largest steelmaker with $90 billion in sales.

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