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NUMBERS GROW, BUT VALUE DOWN (Business Standard Research Bureau lists 110 billionaires in Dec 2002 against 88 in Dec 2001).

Asia Africa Intelligence Wire

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(From India Business Insight)

Business Standard Research Bureau has listed 110 billionaires as on 31 Dec 2002 as compared to 88 Dec 2001, and shown a decline of Rs2,000 crore in their aggregate wealth. Azim Premji, Founder Chairman of Wipro group, tops the list with a personal net worth of Rs31,412 crore against Rs2,00,000 crore on 12 Feb 2000, and Rs32,202 crore on 21 Dec 2001. Total net worth of Mukesh Ambani and Anil Ambani of Reliance Industries Ltd was Rs18,863 crore, down Rs1,000 crore from Dec 2001. Combined net worth of Shiv Nadar, Vijay Thadani and Rajendra Pawar, founders of HCL Technologies ...

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