By IANS
New York : Four Indians, led by steel tycoon Lakshmi N. Mittal and the Ambani brothers of the two rival Reliance groups, have been named by the Forbes magazine in its latest list of 10 wealthiest chief executives in the world.
Mittal is ranked second by the magazine, after legendary investor Warren Buffet, while Mukeah and Anil Ambani rank sixth and seventh, respectively. Wipro’s Azim Premji is the fourth to make the list, with the magazine ranking him ninth.
“We found the 10 richest CEOs around, some of whom founded their own companies, others who benefited from large inheritances, and still others who built their fortunes through other means,” the magazine said.
“These are people who don’t have to work another day in their lives. And yet they choose to devote untold amounts of time and energy to the arduous task of running a company and answering to shareholders.”
Forbes has also given an estimate of the respective wealth of the richest chief executive, pegging that for Mittal at $32 billion, followed by $20.1 billion and $18 billion, respectively for Mukesh and Anil Ambani.
Premji’s net worth was pegged at $17.1 billion.
“Like his brother Mukesh, Anil doesn’t call himself chief executive, even though he shares the duties of CEO with two other executives at Reliance Anil Dhirubhai Ambani Group,” Forbes said.
Commenting on Premji, the magazine said his company Wipro was one of the largest IT firms. “Earlier this month, he denied market rumours that Wipro was interested in acquiring CapGemini of France.”
Forbes said it compiled the list by perusing the ranks of the Forbes 400 list of the richest Americans from the September issue and the annual billionaires’ list from of last March.