Published On: Sun, May 1st, 2011

The wealthiest Indian

Steel tycoon Lakshmi Mittal has overtaken Mukesh Ambani to become the wealthiest Indian, according to the annual Forbes list of World Billionaires for 2011. With a net worth of $31.1 billion (Rs 1.4 lakh crore), Mittal is ranked sixth richest in the world. Globally, Carlos Slim Helu, the Mexican telecom baron stayed the richest, increasing his worth by $ 20.5 billion. India, with its 55 billionaires, has the third largest pool of billionaires, after the US and China.

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