3. Anil Ambani
Plans to merge his Reliance Communications with South Africa's MTN in what would have been India's largest-ever overseas deal were scuttled in July after brother Mukesh threatened to sue, claiming he had right of first refusal. Stock stumbled 48% since.
Married to a onetime Bollywood actress, Anil has Hollywood ambitions: His Reliance Entertainment is investing $500 million in a new studio venture with Steven Spielberg's DreamWorks.
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