Indian Billionaires

The Forbes list of the world’s billionaires makes for some interesting reading from an Indian perspective. An analysis of the list reveals the following statistics. India comes 4th in the list of countries with the most number of billionaires (36) having a cumulative wealth of $191 billion. Here’s another tidbit – between them, the Mittals and the Ambanis are worth more than Bill Gates. Who says one cannot get rich in India ?

The following table was generated from the list of billionaires published by Forbes magazine:

Rank Citizenship Number of Billionaires Total Net Worth ($ Bil)
1 United States 415 1358.50
2 Russia 53 282.40
3 Germany 55 245.20
4 India 36 191.00
5 France 15 109.80
6 Hong Kong 21 95.80
7 Spain 20 88.40
8 Sweden 8 84.90
9 United Kingdom 29 79.50
10 Canada 23 78.60
11 Mexico 10 74.10
12 Saudi Arabia 13 64.60
13 Japan 24 64.40
14 Italy 13 61.00
15 Brazil 20 46.20
16 Turkey 25 36.40
17 Switzerland 8 32.70
18 Malaysia 9 29.80
19 China 20 29.40
20 Israel 9 28.40

Source: Forbes Magazine, 2007 list of world’s billionaires 

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