Starting out in the scrap metal sector, his relentless business drive turned him into one of Europe’s most important businessmen until he retired three years ago.
The report noted that by the latest estimates, the total wealth of Indian billionaires is 15 per cent of the GDP of the country; this has risen from 10 per cent only five years ago.
The CBI has registered the FIR under the Indian Penal Code (IPC) sections related to criminal conspiracy, cheating and provisions of Prevention of Corruption Act.
The I-T department released statistics for assessment year 2015-16 showing that 59,830 individuals with gross total income of over Rs 1 crore had a cumulative income of Rs 1.54 lakh crore.
As of October 2017, Nandan Nilekani's net worth stands at $1.71 billion, according to Forbes.
Number of billionaires in Asia rose by 117 to 637, with self-made billionaires seeing their wealth rise faster than those who became rich through family ties.
The list of billionaires in India has grown from 339 in 2016 to 1043 this year, according to the Hurun list
While Balkrishna registered a 173 pc increase in his wealth over the last year, Damani has been the biggest gainer with a 320 per cent rise
Homegrown mobile payment and e-commerce platform Paytm, run by One97 Communication Ltd, has raised $1.4 billion (approx. Rs 9,100 crore) funding from Japanese internet and telecom major SoftBank Group, the company said here on Thursday.
India is home to the world's fourth highest number of billionaires with Reliance Industries chairman Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new list released by Forbes magazine.
Reliance Industries chairman Mukesh Ambani retains his position as the richest Indian with an estimated wealth of Rs 1.7L cr
a Gujarat diamond merchant and proprietor of a Rs 6,000-crore company based in Surat with presence in 71 countries, convinced his son to go to Kochi and survive on odd jobs for a month.
New Delhi: A 19-year-old Norwegian girl, Alexandra Anderson, yesterday made a smashing entry into the Forbes' billionaire's list, thus claiming the world's youngest billionaire title. Her entry to the prestigious list comes at a time
Mumbai: India is expected to account for 5% of the total ultra high net worth individuals (UHNWIs) in the world by 2025, a study said.According to 'Knight Frank Wealth Report 2016', the country's share in
Beijing: China has passed the United States in the number of billionaires, driven by the rise of fortunes in technology and manufacturing, according to a survey released Thursday.Despite a cooling economy, the number of Chinese
Barcelona:Singer Julio Iglesias, who has just released his latest album "Mexico" will not sing in the casinos of billionaire and US Republican candidate Donald Trump, whom he called a "clown".In an interview published on Wednesday
Los Angeles: “Jurassic World” has become the fastest film to cross $1 billion (Rs 6300 crore) at the global box office by reaching the milestone in just 13 days.The film has broken the record made by
Ahmedabad: Bhanwarlal Raghunath Doshi borrowed Rs 30,000 from his textile trader father in the 70s to set up a plastic business in Delhi. He rejected his father's small but successful business to venture on his
Fifteen years back, India's official population reached the mark of one billion with the birth of a baby girl-‘Aastha' on May 11, 2000.Amid the nation-wide coverage and flashing cameras, Aastha- faith in Hindi, was born