No.9 Mukesh Ambani

Mukesh Ambani

                                         Net Worth: $27 billion (down from $29.0 billion)

                                         Fortune: Inherited and growing
                                         Age: 53
                                         Residence: Mumbai, India
                                         Country of Citizenship: India

                                         Source: Petrochemicals, Oil & Gas

                                         Education: Dropout, Stanford University; BA/BS, University of Bombay
                                         Marital Status: Married, three children

    He was named among the most powerful people in the world year 2010 by Forbes in its list of "68 people who matter most"As of 2011, he is the second richest man in Asia and the ninth richest man in the world with a personal wealth of US$22.6 billion. In 2007, a strong rally in the Indian stock market and the appreciation of the Indian rupee boosted the market capitalisation of Reliance group companies, briefly making him the world’s richest man.He is the chairman and managing director of Indian conglomerate Reliance Industries, the largest private sector enterprise in India listed in Fortune Global 500. RIL is India's most valuable company by market value and second-largest Indian company by turnover.

    His oil and gas conglomerate Reliance Industries, India’s most valuable company, just forged a partnership with BP, selling 30% stake in 23 oil blocks in India for $7.2 billion and forming a marketing joint venture. The deal is being touted as one of biggest foreign investments in India. He’s also betting on shale gas, having bought stakes in three American energy firms for $3.3 billion last year. He and wife Nita host parties at their recently completed 27-story sky palace in Mumbai, but have still to move in permanently.