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$11.

2 billion
London
Married.
2 Children
This steel titan is set to control the world's largest steel
company when his Ispat International and LNM Holdings
acquire International Steel. Combined entity will be $30
billion (sales) Mittal Steel, 88%-owned by Mittal himself.
Owns 84% of $1.3 billion (sales) Wipro, India's
second-biggest InfoTech company, riding outsourcing
wave. Recently traded his eight-year-old Ford Escort
for a new Toyota Corolla.
Mukesh & Anil Ambani

$6.4 billion / Mumbai
Associated Companies: Reliance Industries
Two years after the death of their father, Reliance
group's founder Dhirubhai Ambani, brothers have
separated the control of the $22 billion (sales)
diversified group.
His Bharti group, the country's largest GSM-based
cellular service provider, is benefiting from India's
booming middle class. New venture to export fruits
and vegetables with the Rothschild family.
$2.3 billion / Delhi
59. Married. 1
Child.
Source : Forbes 8


Associated Companies: Godrej
Source : Forbes 9
Since 1965 has run $1.1 billion (sales) Bajaj Auto,
flagship of Bajaj Group founded by his grandfather,
a confidante of Mahatma Gandhi. Tensions with
estranged brother Shishir threaten to divide this
fortune.

Source : Forbes 11
Dilip Shanghvi

$1.5 billion / Mumbai
49. Married. 2 Children.
With loan from his father started manufacturing
psychiatric drugs in 1983. His Sun Pharmaceuticals has
a stake in Caraco Pharmaceutical Labs, a U.S. generic
drug company.
Associated Companies: Sun Pharmaceuticals
Hero Group
Brijmohan Lall Munjal
Former rice trader, launched Zee TV in 1992. Now
reaches 250 million viewers. At peak, worth $3 billion.
After a parade of professionals, entrusted operations to
relatives. Other interests: packaging, theme parks.
Founded finance firm in 1985. A leading investment banking
firm, it recently renamed itself Kotak Mahindra Bank and
moved into commercial banking. Has joint ventures with
Goldman Sachs and Ford Credit. He plays the sitar.

$380 million /
Mumbai
Associated Companies: Kotak

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