Up and down of stock these days are very much in the news. These are painful times for India's richest as the ongoing global turmoil is changing the picture. Well well because of the global financial crisis Laxmi Nivas Mittal is now second to Mukesh Ambani. Yes now Mukesh Ambani is the richest Indian despite loosing $28.2 billion past year and his brother Anil Ambani took the third spot despite being the biggest dollar-loser with $32.5 billion, according to Forbes magazine.
Of the 40 most richest Indian in last year's list, only 34 have made it this year and six have not been abl to make it. One among the six who have not been able to make it is liquor and airlines tycoon Vijay Mallya.
Malvinder and Shivinder Singh of Ranbaxy Laboratories who sold a large part of their stake were the ones whose wealth increased.
Mukesh Ambani who is just 51 now seems to go on a high...as iit will not be too late that this business tycoon will be the richest man in the world.