Tuesday, January 29, 2008

Mittal, Ambanis among world's wealthiest CEOs: Forbes

New York: Steel tycoon Lakshmi Mittal along with Ambani brothers – Mukesh and Anil, are among the 10 wealthiest CEOs in the world, according to American magazine Forbes.
Out of the world's 10 wealthiest CEOs, four positions have been taken by Indians – Lakshmi Mittal is ranked at the second place followed by Mukesh Ambani (6th place), Anil Ambani (7th) and Wipro chief Azim Premji (9th).
The list has been topped by Warren Buffet, the Chief Executive of Berkshire Hathaway with a fortune of $52 billion.
Arcelor Mittal chief Lakshmi Mittal has a net worth of $32 billion while Mukesh Ambani and Anil Ambani have fortunes worth $20.1 billion and $18.2 billion, respectively.
Chief of IT bellwether Wipro Azim Premji has a net worth of $17.1 billion.
However, these net worth figures are not current and have been taken from a list prepared almost a year back for Indian businessmen and from a September list for those from the US.
Forbes said that the list of wealthiest CEOs was prepared after perusing the ranks of the Forbes 400 list of the richest Americans from September and its annual billionaires' list from last March.
"We found the 10 richest CEOs around, some of whom founded their own companies, others who benefited from large inheritances and still others who built their fortunes through other means," the magazine said.

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