Mukesh Ambani is No.1 Richest Indian in Forbes 100 Richest Indians 2017 list, lets know the property values and persons in the list.

 

Rich people getting richest position and poor people falling in very poorest position, this is the situation in India since decades.  Actually, for the affect of demonetization, the GDP has decreased to 5.7% in India, the richest persons gets higher position in their financial position, because of Stock Market was run actively.

 

The icon of Indian Business is none other than Mukesh Ambani is once again recorded as Richest Indian in the rank of No.1 for the year 2017, which Forbes Magazine usually conducting yearly financial survey.  This is the 10^th year serially he recorded as No.1 Richest Indian in the Forbes 100 No.of Richest Indians list.   Forbes conducting this analytical survey every year and Mukesh Ambani continuously positioning in a No.1 position in that list since 10 years.

 

Mukesh Ambani retained his No.1 position in the Forbes Richest Indians List 2017 with the value of his property about 3,800 crores of dollars (2.5 lakh crores in Indian Currency).  He continuously ranking in No.1 position since 10 years in the Forbes Richest Indians List.  

 

After No.1 position of Mukesh Ambani, Ajith Premji ranked No. 2^nd Richest Indian in Forbes list with 1,900 crore of dollars and his property value is not even 50% in compared with Mukesh Ambani’s property value and its understanding that no more will beat Ambani’s rank as No.1 Richest Indian in coming years.  This is the very good upgrading for Ajith Premji, which he ranked last year in a 4^th position in Forbes list.

 

There are no fluctuations in the financial position of richest people, even India suffered by decreased GDP rate for the affection of demonetization and there is a reason that the stock market run well.  The position of Richest Indian persons shuffled this year except No.1 position, because of the performance of stock market.  The list prepared based on the value of physical property and also considered shares of the individuals in the stock market, that’s why the individual’s position changed this year compared to last year.

 

Let’s have a look in to the list of Forbes Richest Indian 2017 and their property values:

Mukesh Ambani, who has been ranking as No.1 Richest Indian since one decade is increased his property value by 67% that is 1,530 crores of dollars.  Mukesh Ambani also ranked in List of Five World’s Richest Persons.  The major profits he earned from the resources of Oil and Gas and the shares of Jio RIL are the advantages to increase his property.

 

Anil Ambani, brother of Mukesh Ambani dropped his rank from 32^nd Rank to 45^th Rank this year.  His property value recorded as 315 crores of dollars only and this is the less than 10% value when compared to his brother Mukesh Ambhani’s property value.

 

Dilip Singhvi, Chairman of legendry pharma company “Sun Pharma” also dropped his rank from 2^nd rank to 9^th rank this year.  Dilip Singhvi’s property value recorded as 1,210 crores of dollars.  He continuously ranked in 2^nd position of Richest Indian since 3 years, but he dropped the position this year to 9^th Rank with the loss of 480 crores in his property value.

 

Hindhuja Brothers ranked this year as No.3^rd Richest Indian with the property value of 1,840 crores of dollars.

 

Lakshmi Mittal ranked this year as No.4^th Richest Indian with the property value of 1,650 crores of dollars.  

 

Pallonji Mistri ranked this year as No.5^th Richest Indian with the property value of 1,600 crores of dollars.

 

Radha Krishna Damani ranked this year as No.12^th Richest Indian with the property value of 930 crores of dollars.

 

Acharya Balakrishna, who is well known as the closer person to Baba Ramdev and founder of Patanjali Ayurveda Products surprisingly upgraded from the rank of 48^th of last year and upgraded to the rank of No.19^th Richest Indian this year.   He amazingly upgraded 29 rank positions in a single year.  His property value is Rs. 43,000 crores now.

 

A new entries made in this Forbes list this year is Nusli Vadiya with the Rank of No.25^th Richest Indian with the property value of 560 crores of dollars and exception of him, Dinesh Nandwana, owner of E-Governance Services Company has ranked this year as No.88^th Richest Indian with the property value of 172 crores of dollars.  Shekar Sharma, who is the founder chairman of Paytm ranked this year as No.99^th Richest Indian with the property value of 147 crores of dollars and Rana Kapoor, Yes Bank has also ranked this year as No.100^th Richest Indian with the property value of 146 crores of dollars.

 

Only three Telugu persons have got ranked in the Forbes Richest Indians list 2017.  P.V. Ram Prasad Reddy, Aurobindo Pharma ranked this year as No.46^th Richest Indian with the property value of 314 crores of dollars, Diwis Lab Murali ranked this year as No.77^th Richest Indian with the property value of 194 crores of dollars and the family of Dr. Reddy’s promoters (K. Satish Reddy, G.V. Prasad) ranked this year as No.97^th Richest Indian with the property value of 153 crores of dollars

 

This year increased the properties about 5/4^th person, when compared to last year and also the property value increased by 100 crores of dollars of 27 persons in that ratio.

 

Click Here to see the complete 100 Richest Indians list 2017

 

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