Ambani tops for 12th year in a row, Adani jumps 8 places to second spot: Forbes
New Delhi, Oct 11: The past year has proved challenging for the India's ''wealth creators'' as Forbes' 2019 list of business tycoons saw their total wealth dropping by 8 per cent.
Prime Minister Narendra Modi, in his Independence Day speech, had said that that the country''s wealth creators help in reducing poverty and deserve respect and encouragement.
"In all, 14 were poorer by $1 billion or more, and nine members from last year's ranks dropped off. More than a third of that decline was due to the remarkable largesse of tech tycoon Azim Premji, who gave away a chunk of his fortune in March and consequently dropped in the ranks to No 17 from No 2," Forbes said.
The Forbes India Rich List 2019 showed industrialist Gautam Adani jumped 8 spots on the list to become the second richest India with net worth of $15.7 billion while Reliance Industries chairman Mukesh Ambani maintained his numero uno spot with $51.4 billion.
Ashok Leyland owners Hinduja brothers stood third with a net worth of $15.6 billion, Shapoorji Pallonji Group''s Pallonji Mistry occupied the fourth spot with a $15 billion net worth, Kotak Mahindra Bank's Uday Kotak was ranked fifth with $14.8 billion net worth followed by HCL Technologies'' Shiv Nadar with a net worth of $14.4 billion.
"Mukesh Ambani remains the richest Indian for the 12th year in a row. He added $4.1 billion to his net worth as Jio, a three-year-old telecom unit of his Reliance Industries, became one of India''s biggest mobile carriers with 340 million subscribers," Forbes said.
The list saw six new debutants including Byju's Founder and CEO, Byju Raveendran at no 72 with net wealth of $1.91 billion, Manohar Lal and Madhusudan Agarwal of Haldiram Snacks at no 86 with net worth of $1.7 billion, Rajesh Mehra of Jaquar, at no 95 with $1.5 billion net worth and Sandeep Engineer of Astral Poly Technik with $1.45 billion net worth.
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Bantwal: Ex-soldier dies after casting vote at home
Bantwal, Apr 24: Madhava Prabhu, an 85-year-old resident of Wagga in Bantwal, exemplified unwavering commitment to his civic duty even in the face of illness.
Admitted to a private hospital here owing to his ailment, Prabhu, a former army officer and inspector of Malaria Eradication department, died without responding to treatment on Wednesday.
Amidst his illness, Prabhu was determined to exercise his right to vote, especially with the provision for home voting for those aged 85 and above.
With the doctor's permission, he left the hospital briefly to fulfil his sacred duty on Tuesday. However, fate had a cruel twist in store as Prabhu's condition worsened upon his return to the hospital.
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Tragically, he passed away today, leaving behind his wife, two daughters, and sons.
Prabhu's life epitomizes dedication and service, from his tenure in the army to his role in the Malaria Eradication Department and his involvement in community affairs as vice president of the Multi-Purpose Co-operative Society.
His commitment to duty and his final act of voting serve as a poignant reminder of the importance of civic engagement, even in the most challenging circumstances.
