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Wednesday, April 3, 2013

Top Businessm

ensAge: 55
Net Worth: $ 20.0 billion
Born in a distant village, he got his start when his family moved to Calcutta and opened a nice steel mill. He has a personal stake of 87.4 per centum in the $22 billion (2004 sales) Mittal Steel. A double-digit drop in U.S and European steel prices led to a 64% locate in third-quarter profits; the past 9 months down hardly 13%. He recently bought Ukraines largest steelmaker in a televised auction. after(prenominal) winning the battle for rival Arcelor in June run year, the $34 billion merger created an industry behemoth that instantaneously accounts for more than10% of the worlds steel production.
No # 2 Azim Premji
Age: 60
Net Worth: $ 11.0 billion
One of the pioneers of the Indian outsourcing phenomenon, Premji got his major break in 1978 when IBM pulled out of India. He runs technology supporter giant, Wipro, which has been on a buying spree, picking up firms wish well Finnish telecom package outfit, Saraware, and Portuguese retail software group Enabler. He owns 82% of New York-listed Wipro, Indias third-largest software exporter. His clients allow Nokia, Microsoft and Prudential. Wipro lost a few key executives this year, including Vice Chairman, Vivek Paul. Bangalore tiger, a book on Wipros rise, was published recently. Premji claims that his antediluvian Ford Escort is his lucky car.

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No #3 Mukesh Ambani
Age: 48
Net Worth: $ 7.0 billion
A feud with fellow Anil ended this June after their m early(a) brokered a settlement, which is awaiting tourist court approval. Mukesh will maintain control of $16 billion (sales) trustfulness Industries, the petrochemicals major whose stock is up more than 40% since the announcement. set for a global footprint in the retail business, Mukesh Ambanis Reliance Group is talking to French retail major, Carrefour, and other global players to acquire a controlling stake and execute out to international consumers with its basket of Indian food produce.
No #4 Anil Ambani
Age: 46
Net Worth: $ 5.5 billion
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