Dilip Shanghvi overtakes Mukesh Ambani as richest Indian: Forbes

New York, March 4

Pharma tycoon Dilip Shanghvi today surpassed Mukesh Ambani as the world's richest Indian with a net worth of $21.5 billion — within two days of Reliance Industries chief being ranked India's wealthiest for 8th year.

As per a 'real time' update from business magazine Forbes, known for its annual rich lists, Sun Pharma Group's Shanghvi was ranked richest Indian, followed by Mukesh Ambani and tech czar Azim Premji at second and third positions, respectively, among Indians.

On the global rich list, Shanghvi today moved up to 37th position, while Ambani slipped to 43rd position.
Earlier on Monday, Forbes had released its annual Rich List for 2015, wherein Ambani was ranked 39th — highest among Indians — while Shanghvi was at 44th place. Premji was ranked 48th on that list.

Shanghvi's networth today stood at $21.5 bn, following a sharp rally in share prices of his companies, while that of Ambani was $20.4 billion. — PTI