Sunday, January 20, 2008

Anil Ambani may be world’s richest man....!!

  • With his wealth estimated at more than $57 billion, Anil Dhirubhai Ambani has emerged as India’s wealthiest citizen after the blockbuster IPO of his Reliance Power, and all indications are that he may jump to the top of the global rich list as well.
    The value of Anil’s holdings in seven listed entities will be around Rs 229,363 crore or $57.3 billion at last Friday’s closing price.
  • Market experts expect Reliance Power to list at a much higher value. If the stock lists at Rs 900, Ambani will jump over Carlos Slim Helu, the Mexican telecom tycoon who topped last year’s rich list with an estimated $67.8 billion to his account according to Forbes magazine.
  • At Rs 900 per share, Anil Ambani’s personal wealth would be estimated at Rs 2,75,000 crore or $68.7 billion. Microsoft chairman Bill Gates followed Carlos Slim last year with an estimated wealth of $59.2 billion.

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