Wealth of Delhi’s top 10 billionaires matches one-third of capital’s GDP

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The collective wealth of the 10 richest individuals in Delhi — a listing lead by software program businessmen Shiv Nadar — is the same as one third of the capital’s economic system.

Barclays Hurun India Rich List 2018, launched on Tuesday, discovered that the top 10 Richie Riches of New Delhi have a mixed wealth Rs 2.30 lakh crore. Delhi’s Gross Domestic Product (GDP) stands at Rs 6.86 lakh crore. Out of a inhabitants of 2.5 crore, 163 Delhiites made it to the record, their whole wealth amounting to Rs 6.78 lakh crore.

Of the top 10 billionaires, six come from solely two company households — the Nadars of HCL and the Mittals of Bharti Airtel. Software businessman Shiv Nadar, with a fortune of Rs 37,400 crore, tops the record and is adopted by Vikram Lal of Eicher Motors (price Rs 37,100 crore) and Roshni Nadar of HCL (price Rs 31,400 crore) and Sunil Bharti Mittal of Bharti Airtel (price Rs 22,500 crore). Rajiv Singh of the realty agency DLF broke into the record for the primary time with a internet price of Rs 21,000 crore.

Twenty one names on the record are from the auto and the auto part sector, adopted by 11 from Capital Goods, and 10 names every from prescribed drugs and FMCG sectors. However, in phrases of share of cumulative wealth represented by every trade, software program & providers topped the rating, adopted by auto and auto parts, FMCG and Telecommunications.

At the nationwide degree, a document 214 new names had been added to the billionaires record. This yr, a complete of 831 billionaires, with a collective wealth of Rs 53,325 crore match 1 / 4 of India’s GDP of Rs 2,11,221 crore. The whole quantity of people featured within the 2018 version has elevated by a 3rd to 831 from 617 in 2017.

Mukesh Ambani, chairman of Reliance group, topped the record for the seventh consecutive yr with the full internet price of Rs 3,71,000 crore.

“Individuals with a net worth of Rs 9,000 crore and more were featured in the top 100 rankings,” stated Barclays Hurun India Rich List 2018 in its assertion.

Mumbai emerged as the town of the wealthy with 233 Mumbaikars on the record, whereas New Delhi and Bengaluru accounted for 163 and 69 names respectively.

Top Of The Crop

Shiv Nadar: Rs 37,400cr

Vikram Lal: Rs 37,100cr

Roshni Nadar: Rs 31,400cr

Sunil Bharti Mittal:Rs 22,500cr

Rajiv Singh: Rs 21,000cr

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