10 March,2011 10:30 AM IST | | ANI
Steel Tycoon Lakshmi Mittal has clinched the title of the world's richest Indian from Reliance Industries' chief Mukesh Ambani.
With a net worth of 31.1 billion dollars, Mittal has been ranked sixth in the Forbes Billionaires List of 2011, while Ambani was ranked at ninth position.
Mittal wealth grew from 28.7 billion dollars last year as his company ArcelorMittal, world's largest steel-maker, registered profits of 2.9 billion dollars due to recovery in steel demand and higher margins in 2010, Forbes said.
Ambani ranks 9 with a net worth of 27 billion dollars. He has been the richest Indian for three years in a row according to Forbes India magazine.
Wipro founder Azim Premji is placed 36th in the Forbes' billionaires list with a net worth of 16.8 billion dollars.
The other Indians who have made to the list include:
ALSO READ
Bullet train project: 2 lakh noise barriers installed along the 100-km viaduct
Delhi air pollution: Doctors say respiratory illnesses surging among children
Attempt to destroy country's federal structure: Raut on One Nation, One Election
Climate crisis made crippling April heatwave in South Asia 45 times more likely
In 10 points, know all the allegations against Brij Bhushan Sharan Singh
Shashi and Ravi Ruia: Rank 42, net worth - 15.8 billion dollars
Savitri Jindal and family: Rank 56, net worth - 13.2 billion dollars
Gautam Adani: Rank 81, net worth - 10 billion dollars
Kumar Birla: Rank 97, net worth - 9.2 billion dollars
Anil Ambani: Rank 103, net worth - 8.8 billion dollars
The list was again topped by Mexican billionaire Carlos Slim whose worth increased by 20.4 billion dollars from last year's 53.5 billion dollars.
He was followed by Microsoft founder Bill Gates and Warren Buffet on 3rd Spot.
