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MARAN RICHER THAN CHANDRA

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Every year, Forbes magazine releases its list of the wealthiest individuals on the planet. The 25th annual World's Billionaires list (for 2011) from Forbes magazine was released in March featured more than 50 Indians.

Despite a weak global economy, the Forbes rich list 2011 is a record breaker in many respects. With 1,210 billionaires listed, this is an all time record. Asia now has more billionaires than Europe (332 vs. 300) while Moscow has more billionaires (79) than any city in the world.

Mexico 's Carlos Slim widened his lead at No. 1 coming in at $71 Billion (Rs 319,500 Crores) against $53.5 Billion last year. Bill Gates would have been number one, but remained at number 2 with $56 Billion because he has given away $30 Billion to charity.


Apple CEO Steve Jobs took the 110th spot with $8.3 billion compared with 136 and $5.5 billion last year.

The billionaire list also features Facebook CEO Mark Zuckerberg in the 52nd spot with $13.5 billion.

RICHEST INDIANS

With an estimated $31.1 billion, UKbased Indian-origin, steel baron, Lakshmi Mittal surpassed last year's richest Indian, Mukesh Ambani.

53 year old Mukesh Ambani is ranked 9 with a wealth of $ 27 billion (Rs 1,21,500 Crores); but his 51 year old brother Anil lags way behind at a distant ranking of 103 and a wealth of 8.8 Billion.

The 10 richest Indians also include Azim Premji of Wipro (Ranking 36), Shashi and Ravi Ruia of Essar (42), Savitri Jindal and family of Jindal (56), Gautam Adani (81), Kumar Mangalam Birla of Aditya Birla Group (97) Sunil Mittal of Bharti (110) and Adi Godrej and family (130).

GLOBAL MEDIA MAGNATES

The 25th annual list also shows a longer list of big-name media & entertainment magnates than last year.

Bloomberg holds second spot amongst media moguls with a wealth of $ 18.1 billion. Italy's Berlusconi is the 118th richest person, but the 5th richest media magnate, just ahead of Rupert Murdoch who is the 122 riches man with a personal wealth of $ 7.6 billion. Echostar's Charles Ergen follows with $ 7 billion.

Liberty Media chairman John Malone galloped from 400th to the 235th spot and a net worth of $4.5 billion while CBS Corp and Viacom chairman Sumner Redstone is in the 288th position with $3.8 billion, up from $2.4 billion and 400th rank.

INDIAN MEDIA MOGULS

Sun TV Network chairman and managing director Kalanithi Maran has emerged as the richest media person from India with a net worth of $3.5 billion. He is the 310th richest man.

The South Indian media baron, owns regional broadcaster Sun TV Network which has 20 television channels, 45 FM radio stations, 2 daily newspapers & four magazines. Maran has expanded into aviation, acquiring budget domestic airline SpiceJet last June.

His Sun Direct DTH has 6.4 million subscribers. His wealth got a boost this year from the box office success of Robot, India's most expensive film, produced by his Sun Pictures. He's married to Kaveri, his college sweetheart. Grand uncle M.Karunanidhi, chief minister of Tamil Nadu, his home state, is currently facing heat in the telecom scam. Younger brother Dayanidhi is federal minister of textiles.

Essel Group chairman and founder of Zee network, 60 year old Subhash Chandra, follows with a personal wealth of $ 2.9 Billion, just behind Steven Spielberg ($3 Billion).

Chandra is India's pioneering media baron and onetime partner of Rupert Murdoch.

The Essel group's Dish TV has 10 million subscribers. Other interests include packaging, cinemas, online lotteries, gold refining and amusement parks.

The Times Group chairman Indu Jain takes the No. 440 position with $2.6 billion in assets. She infact is way ahead of Ted turner ($2.1 Billion). Harry Potter author J. K. Rowling just makes the billionaire list at $ 1 billion and a ranking of 1140.n
http://www.scatmag.com/apr11/apr11_art11.htm