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RELATED KEYWORDS: Sun Pharma Group|Mukesh Ambani|Dilip Shanghvi|Azim Premji
Dilip Shanghvi overtakes Mukesh Ambani as richest Indian
Pharma tycoon Dilip Shanghvi.
NEW YORK: Pharma tycoon Dilip Shanghvi on Wednesday surpassed Mukesh Ambani as the world's richest Indian with a net worth of $21.5 billion — within two days of Reliance Industries chief being ranked India's wealthiest for 8th year.
As per a 'real time' update from business magazine Forbes, known for its annual rich lists, Sun Pharma Group's Shanghvi was ranked richest Indian, followed by Mukesh Ambani and tech czar Azim Premji at second and third positions, respectively, among Indians.
On the global rich list, Shanghvi on Wednesday moved up to 37th position, while Ambani slipped to 43rd position.
READ ALSO: Mukesh Ambani richest Indian for 8th year; Gates on top globally
Earlier on Monday, Forbes had released its annual Rich List for 2015, wherein Ambani was ranked 39th — highest among Indians — while Shanghvi was at 44th place. Premji was ranked 48th on that list, from which he has moved up one place now.
Shanghvi's networth on Wednesday stood at $21.5 billion, following a sharp rally in share prices of his group companies, while that of Ambani was $20.4 billion.
READ ALSO: India home to 70 billionaires; Mukesh Ambani is the richest Indian
The Annual Rich List had put Ambani's wealth at $21 billion, based on share prices and exchange rates as on February 13. Ambani has been ranked as richest Indian for eight consecutive years now on the Forbes' annual rich lists, even as his ranking has come down sharply from among top-ten positions globally earlier.
As per a 'real time' update from business magazine Forbes, known for its annual rich lists, Sun Pharma Group's Shanghvi was ranked richest Indian, followed by Mukesh Ambani and tech czar Azim Premji at second and third positions, respectively, among Indians.
On the global rich list, Shanghvi on Wednesday moved up to 37th position, while Ambani slipped to 43rd position.
Earlier on Monday, Forbes had released its annual Rich List for 2015, wherein Ambani was ranked 39th — highest among Indians — while Shanghvi was at 44th place. Premji was ranked 48th on that list, from which he has moved up one place now.
Shanghvi's networth on Wednesday stood at $21.5 billion, following a sharp rally in share prices of his group companies, while that of Ambani was $20.4 billion.
READ ALSO: India home to 70 billionaires; Mukesh Ambani is the richest Indian
The Annual Rich List had put Ambani's wealth at $21 billion, based on share prices and exchange rates as on February 13. Ambani has been ranked as richest Indian for eight consecutive years now on the Forbes' annual rich lists, even as his ranking has come down sharply from among top-ten positions globally earlier.
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