"India has maximum number of Billonaries in Asia"

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Forbes magazine's 2007 rankings of the world's richest people is out and India dethroned Japan from second spot which has 24 billionaires against that of 36 from India. India is second in terms of total no. billionaires in top 20 with 3 second only to US which has 4 candidates in top 20. Indias bandwagon of billionaires is headed by LN mittal who is on 5th spot followed by ambani brothers, Mukesh and Anil on 14 and 18 spot respectively. Wipro head Azim Premji is on 21 spot , who once had been the only Indian to make in the list.Though India snatched second spot from Japan in terms of Billiaonaires but its still way behind in per capita income. This fact unfolds the ground reality behind the curtains. This shows that the chasm between rich and poor is insreasing in India. Rising no. of billionaires will stimulate big companies to launch their niche products in India, which are meant for supoer richs only in this way Bentley have already announced to launch his premium multicrore cost car, Some real estate companies are planning to offer homes with all the luxuries of world.If we see positive side of the story, its the result of growing Indian economy or may be former is the result of later.Although the list make Indians proud but not happy. It will be happy and proud both if the no. will rise further and the effect of this will be visible in growth of common Indian .

Amit 7.7/10