markets incessant rise has encouraged companies to raise funds
from the public
money, will spend seems to be the motto of the elite
CHECK ON PAY
got the biggest raises? Which company was most generous?
definitive list of India Incs richest
of the best paymasters
we estimated wealth and earnings of billionaires
other industries like pharma, there is Samprada Singh of Alkem who
started his tryst with drugs with a medical store in Bihar and now
is the chairman of a Rs 1,000 crore company. Then there's Sushil
Handa of the Rs 360 crore Claris life, whose company is likely to
be listed next year and US Vitamins' Prashant Tiwari and his wife.
the film industry, there would be enough directors and actors who
would be either there or closing in fast. Names like Amitabh Bachchan
and Shahrukh Khan come easily to the mind. The former's actor wife,
while filing her nomination papers for a Rajya Sabha seat in 2006,
declared that her husband owned property worth Rs 190 crore and
she had another Rs 37 crore worth of real estate in her name.
the rise in the property valuations in the last one year... well,
we could be talking of a good increase of 40 to 50 per cent in those
valuations. And Bachchan, at that time, had stock investments worth
Rs 134 crore.
s Mannat in Bandra, Mumbai, on the other hand is estimated at between
Rs 70-100 crore. Artists like Husain, who signed a controversial
Rs 100 crore deal with Guru Swarup Srivastava, chairman of the Swarup
group of Industries, and Syed Haider Raza whose painting is selling
for Rs 8 crore each would also qualify easily for the billionaires
however is still not greatly paying in India. Unlike Tiger Woods
($100 million and second in the Forbes richest celebrities list)
or Michael Schumacher ($36 million) or Roger Federer ($29 million),
cricketing icon Sachin Tendulkar is not there in the Forbes celebrity
list. The only hint we have is the fact that he signed a Rs 100
crore deal with the WorldTel in 2001.
recently there has been news that Globosport, the sports marketing
and celebrity management agency founded by tennis player Mahesh
Bhupathy is on the verge of signing a Rs 100 crore deal with Yuvraj
Singh. Chess grandmaster Vishwanathan Anand is another one who is
reported to be worth over Rs 100 crore.
there would be many others who can join this list. There are stories
about the splurging by Union Railway Minister Lalu Yadav during
his second and third daughters' marriages. But then, in India one
can seldom put any number to a minister's wealth. Alas, that is
a serious loss to this story.
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