December 10, 2004
Forbes names India’s richestBusiness
Forbes magazine
released its inaugural list of India’s 40 wealthiest businessmen, with half of
the entrants hailing from the nation’s burgeoning technology and pharmaceutical
sectors.
Topping the list with $11.2 billion is London-based steel magnate Lakshmi Mittal, who holds 88% of Mittal Steel. The company will become the world’s largest manufacturer of steel following their acquisition of rival International Steel.
Other facts of note:
- Nineteen created their fortunes from scratch
- Eleven made their money in technology
- Nine made their fortunes in pharmaceuticals
- Forty percent live in Bombay
- Two Patels made the list, which means I will spend this weekend digging through the family tree.
Forbes: India’s 40 richest
apul on December 10, 2004 06:56 AM in Business · T·r·a·c·k·b·a·c·k address · Direct link · Email post
1 reader linked
¤ PRASHANTKOTHARI.COM said: Lakshmi Came Knocking At Their Door
December 14, 2004 12:09 AM
1 comment
on March 15, 2005 02:23 AM · Direct link · “Quote”(?)
That is 23.57 more than me, my friend. Cherish it.





