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Ambani: Asias wealthiest, 18 Indian families in top 50

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Ambani

As we all aware of that Mukesh Ambani is tops the Indias richest billionaires. For the last few years, he is maintaining the top slot in the list of Forbes magazine. But now this family for the first time has stood on the top position in the Asia.

Ambanis family total net worth reached $44.8 billion. The Ambanis family net worth has increased $19 billion compared to the previous year Forbes said. Along with the Ambanis family, 18 other Indian families in the top 50.

The top richest family Korea’s Lees of the Samsung empire of the Asia has dropped into the second position with its wealth soar by $11.2 billion to $40.8 billion this year. Samsung company shares raised up to 75%.

According to the ranking by Forbes, Hong Kong’s Kwok family, Asia’s richest real estate household that controls Sun Hung Kai secured the third position.  Hong Kong’s Kwok family net wealth is $40.4 billion. Thailand’s Chearavanont family of the Charoen Pokphand Group occupies the next position ( fourth position). The net worth of this group is $36.6 billion. Have a look on the top 10 richest families of the Asia.

Forbes

 Top 10 richest in Asia:

1. The first position is secured by Ambani ( India) – 44.8 billion dollars 

2.  The second place is occupied by Lee (Byung-Chull) (South Korea) – 40.8 billion dollars

3.  The third position is occupied by Kwok, Hong Kong – 40.4 billion dollars

4. The fourth slot is occupied by  Chearavanont (Thailand) –  36.6 billion dollars

5. The fifth place is secured by Hartono (Indonesia) – 32 billion dollars

6. The sixth position is secured by Lee (Shau Kee) (Hong Kong) – 29 billion dollars

7.  Kwek / Quek  (Malaysia) – 23.3 billion dollars stood in the seventh place.

8. The eighth position is secured by Cheng Family (Hong Kong) –  22.5 billion dollar

9. The ninth slot is occupied by Sy (Philippines) – 20.1 billion dollars

10.  Chirathivat family (Thailand) –  19.3 billion dollars stood on the tenth position.

Gratefully 18 Indian families are in the top 50. They are

Rank 11 –  Premji – $19.2 billion

Rank 12 – Hindujas –  $18.8 billion

Rank 14 – Mittals- $17.2 billion

Rank 16 –  Mistrys – $16.1 billion

Rank 19 – Birlas – $14.1 billion

Rank 20 – Godrej family – $14 billion

Rank 26 – Bajajs –  $9.3 billion

Rank 32 – Jindal family –  $7.7 billion

Rank 35 –  Burmans –  $7.05 billion

Rank 36 – Eicher Motors’ Lals –  $7 billion

Rank 37 –  Shree Cement’s Bangur family –  $6.7 billion

Rank 41 – Motherson Sumi Systems Sehgal family –  $6.2 billion

Rank 42 – Wadia family –  $6.14 billion

Rank 44 – DLF’s Kushal Pal Singh –  $6.1 billion

Rank 45 –  Patel family which controls Cadila –  $6 billion

Rank 47 –  Piramals –  $5.38 billion

Rank 48 – Munjals –  $5.37 billionMunjals.

She is one of our prime authors in The Loop21.She covers almost all the sections. In the course of time, she invests her full time for TheLoop21 for the documentation of articles.She completed her post graduation in Microbiology.For a while, she worked as the teacher for both higher and lower medium students.She is very much aspired in visual graphics and knowing updates that happen every nook and corner throughout the world.Gets intrigued with the latest innovations around the world and likes to know the working model of it.

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INS Kalvari: Modi dedicated INS Kalvari Submarine to the Nation

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INS Kalvari

Mumbai:

India’s first modern conventional submarine, INS Kalvari was commissioned by our Prime Minister  Narendra Modi into Navy’s fleet in Mumbai on Thursday. PM Modi dedicated the submarine to the nation. PM Modi said this is a good example of the fast growing partnership and relationship between India and France.

Defence Minister Nirmala Sitharaman, Navy chief Admiral Sunil Lanba and Vice Admiral Girish Luthra, Flag Officer Commanding of the Western Naval Command, were also present at the submarine commissioning ceremony.

This Scorpene-class submarine INS Kalvari has been built by the Mazagaon Dockyard Ltd. French naval defence and energy company DCNS designed this submarine. IT has been built under the  Project-75 of the Indian Navy.

INS Kalvari 1

Defence Minister Nirmala Sitharaman mentioned the importance of the ‘Made in India’ submarine. She said it helps the Indian Navy in streamlining operations. PM Modi said  (more…)

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Twist in Vishal Nomination: EC rejects his Nomination

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Vishal

Chennai:

After the high drama and twists, the Election Commission again rejected the nomination papers of Tamil Nadu actor Vishal Krishna for the by-poll in Dr Radhakrishnan Nagar (R.K. Nagar) Assembly constituency. The nomination was rejected by the Election Commission because of some flaws in the nomination papers which were submitted by him.

Deepa the former Chief Minister Jayalalithaa’s niece, her nomination papers were also rejected by the Election Commission.

As per the instructions of the Representation of People Act, the candidate who is filing his nomination papers should be proposed by 10 members who are residing in the constituency.

The Returning Officer K. Velusamy said,  two persons – K. Sumathy and Deepan, whose names have been present in the list of proposers gave a written complaint about their signatures have been forged.

K. Sumathy and Deepan claimed that their signatures were forged. Chennai District Election Officer D. Karthikeyan said that whatever the order is made by the Returning Officer “is a quasi-judicial order and cannot be changed.”

Vishal submitted an audio clip which has the gist of the telephonic conversation between him and a man related to Ms Sumathy to the Returning Officer. In that Audio AIADMK candidate E. Madhusudanan and his supporter, Rajesh had threatened the proposer family members and they were asked to submit a written complaint to the Returning officer that their signatures were forged.

Vishal has released this audio tape at the press meeting. When Vishal submitted the audio tape to the officials they were accepted his nomination papers. But a few hours later the story repeated again the nomination papers of Vishal has been rejected by the officer. Officials announced at  11:30 that two persons of Vishal’s proposers came to us and told that their signatures were forged. So his nomination was rejected.

Vishal Expressed his disappointment through twitter. He wrote Democracy at its lowest low !! and Disheartening to hear that the nomination made by me was initially accepted & later when I left, has been announced as invalid.

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