India ranks No 6 in the Hurun Global Rich List 2013 pecking order with 53 billionaires.
Mukesh Ambani ($20.5 billion and ranked 27), the richest Indian, held on to the position as owner of the world’s most expensive home.
The $1.8-billion structure rises to 27 floors, and has nine elevators, six floors for parking and three helipads, the Hurun report said.
Subhash Chandra ($3.1 billion, ranked 450) once a one-time rice trader in Haryana is now credited with launching India's satellite television revolution.
Health care is the preferred sector followed by technology, media and telecom and real estate.
Mumbai is headquarters to most billionaires, followed by Delhi and Bangalore.
India also has a high number of billionaires residing overseas, including L.N. Mittal (London), S. P. Hinduja and Family (London), Micky Jagtiani (Dubai), Anil Agarwal (London), Aloke Lohia (Bangkok), Kavitha Ram Shriram (California), Romesh T. Wadhwani (California), Manoj Bhargava (Michigan), Sri Prakash Lohia (London), and Vinod Khosla (California).
Dubai-based M.A. Yusuffali of Emke Group of Companies is a new entrant to the list.
Keywords: Hurun Global Rich List 2013, Mukesh Ambani, Subhash Chandra,
Comments:
India has 53 billionaires. But how many million BPLs? Very sad that we focus so much on the haves and not much on have-nots.
Now how much these Billions are being spent to uplift the poor? The huge multistory mansion mentioned in the news article is a clear indication of the priority of our rich people.
How many of them are paying tax honestly? When the issue of filing tax returns comes, majority of the people are below poverty lines. Out of 130 crores population only 42800 are earning Rs 0ne crore and above, The Govt should give a break up of tax payers by classifying into salaried class, professionals, self employed,traders, brokers, estate agents, builders, promoters, bullion and Gold merchants, big hoteliers,contractors,etc. This will help to prove that we have more than 53 billionaires, and much more than 42800 persons having more than one crore taxable income. There should be some checks and balances using the strength of IT that the wealth created, tax payers, buyers of high end cars and high end flats, bullion, real estates in the form of lands etc are more or less agreeable. It does not require super intelligence to prove that 42800 are grossly underestimated and the rich are taking the economy for a ride.
How does one reconcile, or is expected to reconcile, the poorly understated numbers so solemnly revealed /disclosed by the Hon'ble FM recently in the august House to be qualifying, as having income over Rs 1 Crore so as to be meted out with the new surcharge of 10% ? Unless one heard or understood it all wrong!!
Most of India's billionaires are stonehearted capitalists who flaunt their wealth and splurge on luxuries in a country where the teeming poor continue to sleep on empty stomachs. If only these billionaires apportion a small percentage of their wealth to uplifting the BPL people their lot would have been considerably better.
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