Dr. Thumbay Moideen is the 7th richest among UAE-based Indians
Barclays Hurun India Rich List 2018
Mumbai : Thumbay Group Founder President Dr. Thumbay Moideen has been ranked the seventh richest among UAE-based Indians in the Barclays Hurun India Rich List 2018.
“Dr. Thumbay has been ranked 59 in the list which features 755 ranks in total. Dr.Thumbay Moideen’s wealth has been assessed as amounting to approx. USD 2 billion,” said a release.
According to the list, Dr. Thumbay Moideen is the 7th richest among UAE-based Indians, out of the 21 UAE-based NRIs who have made it to the list.
‘Barclays Hurun India Rich List 2018’ – is a compilation of the richest individuals in India having a net worth of Rs. 1,000 crore or more. In the 2018 edition, the list of individuals had increased by a third to 831 from 617 in 2017.
Reliance Group Chairman Mukesh Ambani has topped the list for the seventh consecutive year with the total net worth Rs. 3,71,000 crore.
Interestingly, the cumulative wealth of the 831 individuals featured in the list stood at USD 719 billion –amounting to a quarter of Indian GDP of USD 2,848. With 233 names hailing from Mumbai, the city emerged as the hub of the rich. While the New Delhi and Bengaluru stood second and third with 163 and 70 names respectively.
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Bengaluru: Theives attempt to steal parked bus, end up crashing it
Bengaluru: A major accident was averted on late Saturday night in Anekal, a suburb of Bengaluru, after a group of men allegedly attempted to steal a parked bus, causing damage to the front portion of the vehicle.
According to the police, the bus had been parked along Thali Road in Anekal after the driver left the spot.
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Taking advantage of the situation, four allegedly intoxicated men tried to steal the bus by tampering with its wiring. However, they lost control of the vehicle, which rammed into two electric poles.
Alert residents intervened, stopped the bus, and apprehended one of the accused, who was later handed over to the police. The remaining three suspects managed to flee the scene.
Anekal police have registered a case and launched an investigation.
