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Flipkart Co-Founders Bansals New Billionaires: Forbes India

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| September 23 , 2015 , 23:12 IST
Sachin-Bansal-Binny-Bansal-FlipkartIndia's leading e-retailer Flipkart's co-founders Sachin Bansal and Binny Bansal are the latest billionaires in the country, with $1.3 billion (Rs.8,582-crore) net worth each, according to leading business magazine Forbes India' rich list released on Wednesday. "Indian e-commerce has added its first billionaires with Flipkart's founders (Bansals) making debut on our rich list at number 86, with $1.3 billion net worth each," the magazine said in a statement here. Though Reliance Industries Ltd (RIL) chairman Mukesh Ambani tops the rich list for the ninth consecutive year, his net worth, however, declined $4.7 billion to $18.9 billion (Rs.127,700 crore) from 2014 owing to lower oil prices that hit his oil and petrochemicals giant. ALSO READ: Asus Zenfone Selfie 3GB RAM Version Now Available At Rs 17,999 Via Flipkart Sun Pharmaceutical's Dilip Shanghvi also retained the second spot, with $18 billion net worth, acquisition of drug major Ranbaxy Industries for $4 billion by his company notwithstanding. IT czar and Wipro chairman Azim Premji also retained the third spot in the list, with a net worth of $15.9 billion though $500 million less than in 2014. ALSO READ: SanDisk Unveils Connect Wireless Stick In India; Available On Flipkart "The generous billionaire has pledged 18 percent of his stake in Wipro to his charitable trust, in addition to a 21 percent stake already given," the statement noted. "The combined wealth of India's 100 richest remains largely unchanged at $345 billion, as compared to $346 billion in 2014," it added. ALSO READ: Lenovo A2010 4G LTE Smartphone Now Available On Flipkart At Rs 4,990  

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