India’s Stock Market Value Surpasses $1 Trillion

Filed under Lists and Statistics
May 30, 2007 7:23 am

according to Bloomberg report today, India became the third emerging stock market after China and Russia to surpass $1 trillion in value, helped by the fastest economic growth in 60 years, a strengthening currency and overseas investment.

India is minting billionaires like there is no tommorow!  

India has the most billionaires of any Asian country, with 36 together worth $191bn, according to Forbes’ annual list of the world’s wealthiest people. Fourteen Indians were new to Forbes’ list this year.

Here is the list:

Rank Name Net Worth (US$ bil) Age City Main Source Industry
1 Lakshmi Mittal 33.7 56 London Arcelor-Mittal Steel
2 Mukesh Ambani 19.5 48 Mumbai Reliance Industries Diversified
3 Anil Ambani 17.6 46 Mumbai Anil Dhirubhai Ambani Group Diversified
4 Azim premji 13.3 60 Bangalore Wipro ITES, Software
5 Kushal Pal Singh 5.00 74 Delhi DLF Universal Real Estate, Construction
6 Sunil Mittal 4.90 48 Delhi Bharti Airtel Telecommunications
7 Kumar Mangalam Birla 4.40 38 Mumbai Aditya Birla Group Diversified
11 Shiv Nadar 4.00 60 Delhi HCL Consumer electronics, ITES
8 Tulsi Tanti 3.70 47 Pune Suzlon Wind Power
9 Pallonji Mistry 3.30 76 Mumbai Shapoorji Pallonji Group, Tata Group Textiles, Construction
10 Anurag Dikshit 3.10 n/a Gibraltar PartyGaming Online gambling
12 Shashi & Ravi Ruia 2.70 62 Mumbai Essar Group Textiles, Telecommunications
13 Adi Godrej 2.30 63 Mumbai Godrej Industries Diversified
14 Anil Agarwal 2.10 52 London Vedanta Resources Mining
15 Dilip Shanghvi 2.70 50 Mumbai Sun Pharmaceuticals Pharmaceuticals
16 Naresh Goyal 1.90 56 Mumbai Jet Airways Airlines
17 Indu Jain 1.70 Delhi Bennett, Coleman & Co. Ltd Media
18 Venugopal Dhoot 1.60 52 Mumbai Videocon Consumer durables
19 Malvinder & Shivinder Singh 1.55 NA Delhi Ranbaxy Pharma
20 Rahul Bajaj 1.50 67 Pune Bajaj Diversified
22 Jindal family 1.40 NA Delhi, Mumbai Jindal Steel Metals
23 Baba Kalyani 1.20 56 Pune Bharat Forge Metals
24 Brijmohan Lall Munjal 1.18 83 Delhi Hero Honda Automotive
25 Yusuf Hamied 1.15 69 Mumbai Cipla Pharma
26 Sanjay Kirloskar 1.10 49 Pune Kirloskar Group Engineering, Construction
27 N. R. Narayana Murthy 1.05 59 Bangalore Infosys IT, ITES
28 Uday Kotak 1.00 46 Mumbai Kotak Mahindra Finance
29 Vijay Mallya 0.95 49 Bangalore United Breweries Group Beverages, Airlines
30 Subhash Chandra 0.90 55 Mumbai Zee Entertainment
31 Vikrant Bhargava 0.87 33 Gibraltar PartyGaming Online gambling
32 Habil Khorakiwala 0.80 63 Mumbai Wockhardt Health
33 Ajay Piramal 0.77 50 Mumbai Nicolas Piramal Pharma
34 Nandan Nilekani 0.74 50 Bangalore Infosys IT, ITES
35 Kiran Mazumdar-Shaw 0.71 52 Bangalore Biocon Biotechnology
36 S Gopalakrisnan 0.70 51 Bangalore Infosys IT, ITES
37 B Ramalinga Raju 0.67 50 Hyderabad Satyam Computer Services
38 Narendra Patni 0.65 63 Boston, Mumbai Patni Computer Systems IT
39 Karsanbhai Patel 0.64 61 Ahmedabad Nirma FMCG
40 Akshay Jari 0.62 24 Delhi Telecommunications

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