Reliance Industries Ltd. Chairman Mukesh Ambani on October has again topped the Forbes annual Indian’s richest 2018 list for the 11th consecutive year, with a net worth of $47.3 billion.
Wipro’s Azim Premji came second with a net worth of $21 billion. Chairman and CEO of ArcelorMittal, Lakshmi Mittal followed Azim with a net worth of $18.3 billion.
According to Forbes India, it was overall a slow year for the growth of net worth of India’s richest. The combined net worth of the 100 wealthiest individuals grew by only 2.7 percent to $492 billion from $479 billion in 2017.
Ambani added $9.3 billion to his wealth amid the continuing success of telecom arm Reliance Jio. However, this is lower than the $15.3 billion rise he saw in his wealth in 2017.