15 years ago
Two Indians, energy mogul Mukesh Ambani and steel czar Lakshmi Mittal, have made it to the Forbes list of 'World's Most Powerful Billionaires' combining massive fortunes with political clout.
Through his industrial might, India's richest person, Mukesh Ambani, ranks eighth,' in the US business magazine's annual list topped by Michael Bloomberg, mayor of New York City. Mittal ranks 13th on the list.
'Ambani controls oil and gas conglomerate Reliance Industries. With a market value of more than $73 billion, the firm is India's biggest independent company.'
Compatriot Lakshmi Mittal - India's second wealthiest with a net worth of $30 billion - heads ArcelorMittal, the world's largest steel maker, and ranks 13th on the list.
