<div>Gujaratis seem to be among the most dominant communities when it comes to wealth creation, with Ambanis, Adanis, Shanghvis and Patels cornering a large number of top positions on the list of India's richest 100 released by Forbes today.<br /><br />Industrialist Mukesh Ambani was named India's richest person for a ninth year in a row with a sharp increase in networth to USD 22.7 billion, while his younger brother Anil Ambani was ranked 32nd with a networth of USD 3.4 billion.<br /><br />Sun Pharma's Dilip Shanghvi, another Gujarati, was placed second with USD 16.9 billion, while Wipro's Azim Premji came in fourth with a networth of USD 15 billion, followed by Uday Kotak (11th, USD 8.3 billion) and Gautam Adani (13th, USD 6.3 billion).<br /><br />Shashi and Ravi Ruia, who have a networth of USD 5.8 billion, have a significant presence in Gujarat.<br /><br />Other Gujaratis on the list include Pankaj Patel, ranked 23rd with a networth of USD 4.5 billion, Karsanbhai Patel (52, USD 2.24 billion), Rajesh Mehta (61, USD 1.88 billion) and Nirav Modi (71, USD 1.74 billion), among others.<br /><br />The list also features many Parsis, who migrated from Iran and landed in this coastal state many centuries ago.<br /><br />Among the noted Parsis, Pallonji Mistry was ranked 5th on the coveted list with a networth of USD 13.9 billion, while the Godrej family was at the 7th place with USD 12.4 billion, followed by Cyrus Poonawalla (10th, USD 8.6 billion).<br /><br />According to Forbes, the combined networth of India's 100 wealthiest is USD 381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from USD 345 billion in 2015.<br /><br />"In a post-Brexit world, India appears a steady ship with an economy growing at 7 per cent-plus. The majority of India's 100 richest have notched up handsome gains as their companies have outperformed the stock market in the past year.<br /><br />"As the domestic investment cycle starts kicking in, we can expect more gains and new names in the future," Forbes Asia's India Editor Naazneen Karmali said.<br /><br />Forbes said the list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and regulators.</div>
<div>Gujaratis seem to be among the most dominant communities when it comes to wealth creation, with Ambanis, Adanis, Shanghvis and Patels cornering a large number of top positions on the list of India's richest 100 released by Forbes today.<br /><br />Industrialist Mukesh Ambani was named India's richest person for a ninth year in a row with a sharp increase in networth to USD 22.7 billion, while his younger brother Anil Ambani was ranked 32nd with a networth of USD 3.4 billion.<br /><br />Sun Pharma's Dilip Shanghvi, another Gujarati, was placed second with USD 16.9 billion, while Wipro's Azim Premji came in fourth with a networth of USD 15 billion, followed by Uday Kotak (11th, USD 8.3 billion) and Gautam Adani (13th, USD 6.3 billion).<br /><br />Shashi and Ravi Ruia, who have a networth of USD 5.8 billion, have a significant presence in Gujarat.<br /><br />Other Gujaratis on the list include Pankaj Patel, ranked 23rd with a networth of USD 4.5 billion, Karsanbhai Patel (52, USD 2.24 billion), Rajesh Mehta (61, USD 1.88 billion) and Nirav Modi (71, USD 1.74 billion), among others.<br /><br />The list also features many Parsis, who migrated from Iran and landed in this coastal state many centuries ago.<br /><br />Among the noted Parsis, Pallonji Mistry was ranked 5th on the coveted list with a networth of USD 13.9 billion, while the Godrej family was at the 7th place with USD 12.4 billion, followed by Cyrus Poonawalla (10th, USD 8.6 billion).<br /><br />According to Forbes, the combined networth of India's 100 wealthiest is USD 381 billion (nearly Rs 25.5 lakh crore), a rise of 10 per cent from USD 345 billion in 2015.<br /><br />"In a post-Brexit world, India appears a steady ship with an economy growing at 7 per cent-plus. The majority of India's 100 richest have notched up handsome gains as their companies have outperformed the stock market in the past year.<br /><br />"As the domestic investment cycle starts kicking in, we can expect more gains and new names in the future," Forbes Asia's India Editor Naazneen Karmali said.<br /><br />Forbes said the list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts and regulators.</div>