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.
Pharma tycoon Dilip Shanghvi on Wednesday surpassed Mukesh Ambani as the world's richest Indian with a net worth of USD 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.
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 USD 21.5 billion, following a sharp rally in share prices of his group companies, while that of Ambani was USD 20.4 billion.
The Annual Rich List had put Ambani's wealth at USD 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.
Reliance stock price
On March 04, 2015, Reliance Industries closed at Rs 886.95, down Rs 14.7, or 1.63 percent. The 52-week high of the share was Rs 1142.50 and the 52-week low was Rs 805.00.
The company's trailing 12-month (TTM) EPS was at Rs 68.32 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 12.98. The latest book value of the company is Rs 609.07 per share. At current value, the price-to-book value of the company is 1.46.
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