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Forbes Rich List 2017: Acharya Balkrishna of Patanjali Named as 19th Richest Indian

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Acharya Balkrishna
Acharya Balkrishna. Wikimedia

Oct 05, 2017: Patanjali Ayurveda’s Acharya Balkrishna, the partner of yoga acharya Ramdev, has bagged the nineteenth position this year in the Forbes magazine’s Annual India Rich List 2017 with total assets of $6.55 billion (Rs. 43,000 crores).

Reliance Industries Ltd. foreman Mukesh Ambani managed India’s wealthiest position for the tenth straight year as his total assets swelled to $38 billion (Rs. 2.5 trillion), while Anil Ambani was positioned much lower at the 45th place with $3.15 billion.

Sun Pharma’s Dilip Shanghvi moved down from his previous second place to the ninth.

Also Read: British-Indian Actor Kunal Nayyar Ranks Fourth on Forbes Magazines List of World’s Highest-Paid TV Actors 

Wipro’s Azim Premji held the second position with total assets of $19 billion, climbing two spots from a year ago.

The Hinduja brothers are at the third position with $18.4 billion, while Lakshmi Mittal is presently positioned fourth ($16.5 billion) and Pallonji Mistry fifth ($16 billion).

Forbes said the rundown was arranged utilizing shareholding and budgetary data secured from the families and people, stock trades, investigators and administrative offices.

 

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Mamata cares for Mukesh Ambani, not for those dying from dengue: Vijayvargiya

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Mamta banerjee
Mamata cares for Mukesh Ambani, not for those dying from dengue: Vijayvargiya

Canning (West Bengal): BJP national General Secretary Kailash Vijayvargiya on Thursday slammed West Bengal Chief Minister Mamata Banerjee for meeting industrialist Mukesh Ambani in Mumbai at a time when her state is in the grip of dengue.

“You are in Mumbai to meet Mukesh Ambani. A 21-year-old youth died in Kolkata’s alleys due to lack of treatment. You don’t care for him but you care for Mukesh Ambani because he is a crorepati and he will give you funds for elections.

“Thousands of people are dying in the state from dengue. But shameless government and shameless CM is saying it’s not dengue but something else… ,” he said here.

Banerjee on Tuesday met Reliance Industries chairman Mukesh Ambani and requested him to invest in her state.

The Chief Minister had a one and half hour meeting with Ambani soon after reaching the country’s financial capital where she is scheduled to attend a business conclave on Wednesday.

Banerjee later told reporters that Ambani would attend the Bengal Global Business Summit organised by her government in January 16-17 in Kolkata.

Vijayvargiya also took potshots at the higher education system in the state.

“Calcutta University is at the 800th position among 1000 varsities. You are downgrading the level of education in the state. It’s has gone down so much that now CU is giving D.Litt to Mamata. Where one time CU had given D.Litt to Nobel Laureate Rabindranath Tagore, now it’s Mamata. Where is Raja Bhoj, where is Gangu Teli?” he mocked.(IANS)

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Mukesh Ambani tops Forbes’ 2017 list of India’s 100 richest tycoons

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Ambani. Source-conclave.intoday.in

New Delhi, November 2,2017: With a net worth of $38 billion, Reliance Industries Ltd (RIL) chairman Mukesh Ambani has topped Forbes annual list of Indias 100 richest tycoons of 2017, a statement said here on Thursday.

“Reliance Industries Ltd chairman Mukesh Ambani has topped Forbes’s annual list of India’s 100 richest tycoons, with a net worth of $38 billion. To put it in context, this is equal to the entire GDP of the former Soviet republic of Azerbaijan, as per World Bank Data 2016 estimates,” the statement said.

Forbes India, will release the 2017 India Rich List by way of a special issue that hits the stands on November 3, 2017. The richest newcomer in the list is Wadia Group of companies Chairman Nusli Wadia (No. 25, $5.6 billion).

At $19 billion, the net worth of Wipro’s Azim Premji – who jumped two places up over last year to become the second richest Indian on the list – is almost equal to Afghanistan’s GDP of $19.4 billion, the statement said.

The Hinduja family maintained the third position ($18.4 billion) in the list. Last year’s second richest Indian, Dilip Shanghvi of Sun Pharmaceuticals (No. 9, $12.1 billion) is the biggest dollar loser on the list as his net worth fell by $4.8 billion.

“The Indian economy is still grappling with the impact of demonetisation and GST. This makes The Forbes India Rich List 2017 edition special since it features those who have faced the challenges head on and continued to deliver phenomenal results. The list has come to stand as a testament to brand India and also puts many emerging successful entrepreneurs on the global map,” said Joy Chakraborthy, CEO, Forbes India.

According to the list, the total wealth of India’s top 100 billionaires, which stands at a whopping $479 billion, is more than the country’s foreign exchange reserves estimated at $402.5 billion in September 2017.

The entry point to the list is at its highest ever, at $1.46 billion. Last year, the minimum amount required to make the list was $1.25 billion, 17 percent lower than this year.

The aggregate wealth of the top 100 has risen 26 percent over last year.(IANS)

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Deepika Padukone is ahead of Ranbir Kapoor, Ranveer Singh in Forbes top 10 Bollywood’s highest paid 2017 list

Shah Rukh Khan is No. 1 on the top 10 Bollywood's highest paid 2017 list

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deepika Padukone
deepika Padukone

September 8, 2017: Deepika Padukone and Priyanka Chopra are the only two actresses who feature in Forbes magazine’s list of top 10 Bollywood’s highest paid 2017 list, which is led by ‘Raees’ star Shah Rukh Khan who is No. 1 on the list.

Deepika Padukone ranks sixth in the Bollywood’s highest paid list with earnings of $11 million, while Priyanka Chopra shares the seventh spot with Deepika’s beau Ranveer Singh, with earnings of $10 million. Both actresses have made their Hollywood debuts.

As for Shah Rukh, he has left his contemporaries Salman Khan, Akshay Kumar and Aamir Khan behind, despite getting a lukewarm response with his last few films like “Fan”, “Dilwale” and “Jab Harry Met Sejal”. His endorsement deals and profitable productions helmed by his banner Red Chillies Entertainment, helped him make $38 million between June 1, 2016, and June 1, 2017, before fees and taxes, reports forbes.com.

Not far behind him is Salman, who is ranked second in the Bollywood’s highest paid list with earnings of $37 million in the last one year.

Salman gained profits from the success of “Sultan” and “retains a slew of advertisements and a not-for-profit line of clothing and jewelry that benefits his Being Human Foundation”.

The Khans are followed by National Award winner Akshay, whose golden run at the Indian box office doesn’t seem to stop anytime soon.

The “Khiladi” star Akshay Kumar is listed at the third position in the Bollywood’s highest paid list with earnings of $35.5 million, with his hit films like “Rustom”, “Jolly LLB 2”, “Naam Shabana” and “Toilet: Ek Prem Katha”.

Shah Rukh, Salman, and Akshay are also included in Forbes magazine’s World’s Highest Paid Actors 2017 list and ranked at eighth, ninth and 10th position respectively.

With the unprecedented success of “Dangal”, Aamir is ranked fourth in the list with collections of $12.5 million.

Actor Hrithik Roshan has rounded off the top five with earnings of $11.5 million. Hrithik’s 2016 film “Mohenjo Daro” bombed at the box office, however, the actor bounced back with “Kaabil” in 2017.

Megastar Amitabh Bachchan ($9 million) and actor Ranbir Kapoor ($8.5 million) have been ranked ninth and 10th in the Bollywood’s highest paid list, reports forbes.com.

Earnings estimates are based on data from Box Office India, Box Office Mojo, and IMDB, as well as interviews with industry insiders.

Together, Bollywood’s 10 highest paid actors banked a cumulative $183 million between June 1, 2016, and June 1, 2017. (IANS)