Sachin Bansal, Binny Bansal join Mukesh Ambani, Azim Premji in billionaires club; check India's top 5 list
India's very own whizkids, Sachin Bansal and Binny Bansal have turned billionaires after selling their stake in India's top e-retailer Flipkart to US retail giant Walmart in a transaction dubbed as world's largest e-commerce deal valued at $16 bn. The duo's around 5 per cent stake has turned them into billionaires. So, who else is on this super-rich, exclusive billionaires club list? Well, Reliance Industries chief Mukesh Ambani tops it, while Wipro chief Azim Premji follows. Find out the other top 5 richest Indians. However, to really put things in perspective as to where the Flipkart duo stands, according to Forbes top 100 Indian billionaires list, at $1.46 bn, YES Bank chief Rana Kapoor is in 100th spot.
Sachin Bansal and Binny Bansal have turned billionaires after selling their stake in India's top e-retailer Flipkart to US retail giant Walmart in a transaction dubbed as world's largest e-commerce deal valued at $16 bn. The duo's around 5 per cent stake has turned them into billionaires.
Mukesh Ambani net worth is $38 bn. His business interests run into petrochemicals, oil & gas.
(pic:Reuters)
Azim Premji net worth is $19 bn. His business interests run into software services
(pic:Reuters)
Hinduja family net worth is $18.4 bn. They have diversified business interests
(pic:Reuters)
Lakshmi Mittal net worth is $16.5 bn. His business interests are in steel
(pic:Reuters)
Pallonji Mistry net worth is $16 bn. His business interests are in construction
(pic:Reuters)
Sachin Bansal and Binny Bansal have turned billionaires after selling their stake in India's top e-retailer Flipkart to US retail giant Walmart in a transaction dubbed as world's largest e-commerce deal valued at $16 bn. The duo's around 5 per cent stake has turned them into billionaires.
Sachin Bansal's decision to exit Flipkart after its takeover by Walmart was a "very emotional moment", said the company's co-founder Binny Bansal.
(pic: Official website)