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Sensex surge helps Mukesh Ambani climb world's rich-list ladder The phenomenal surge in the Bombay Stock Exchange (BSE) benchmark 30-share sensitivity index, the Sensex, over the last fortnight has helped Reliance Industries' (RIL) chairman Mukesh Ambani climb up the ladder of the world rich-list by leaps and bounds, and, if market reports are to be believed, the RIL chief is now next only to software king Bill Gates of the US, Mexican business baron Carlos Slim Helu and Warren Buffett, who is revered as the world's greatest investor. 27 Sep 2007
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Rich hit as cost of lavish living soars Prices for luxury goods rose twice as quickly as consumer prices this year, a study found, showing the jet set need even more to fund their lavish lifestyle. 25 Sep 2007
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RIL is richest Indian co., market cap surges past $75 billion Reliance Industries Limited (RIL) has crossed a milestone of $75 billion (Rs. 300,000 crore) market cap on Wednesday, riding on the back of the Bombay Stock Exchange (BSE) Sensex surge of a massive 654 points, becoming the first and only Indian company to do so. 20 Sep 2007
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Wipro chief richest Muslim entrepreneur in the world: WSJ Azim Premji, chairman of Wipro, the soap to software business conglomerate, has been named as the richest Muslim entrepreneur in the world by US-based business daily Wall Street Journal (WSJ). 15 Sep 2007
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India's rich-poor gap widening, warns ADB The gap between rich and poor in China and other Asian countries is growing, hurting anti-poverty efforts and possibly fueling unrest, the Asian Development Bank said in a report on Wednesday. 08 Aug 2007
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DLF chief third richest in India Kushal Pal Singh, chairman of India's leading real estate developer DLF Ltd. became a trillionaire in rupee terms – the third to do so – as DLF shares rose sharply by 4 percent on Monday, July 23, pushing its market value to about Rs. 1,14,744 crore. 25 Jul 2007
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Essar chief to help fund The Elders Shashi Ruia, chairman of Essar Group, has joined the ranks of Virgin Group boss Richard Branson and British singer and anti-apartheid campaigner Peter Gabriel to fund a group of global leaders that would work together under the name of 'The Elders' to advance the causes of peace and global justice. 25 Jul 2007
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India's rich getting richer: Report India's rich list is increasing at a double-digit figure backed by a booming economy and robust gains in stock markets, the World Wealth Report released by Merrill Lynch and Cap Gemini said. 20 Jul 2007