Lakshmi Mittal tops Asian Rich List

Lakshmi Mittal tops Asian Rich List

NRI steel tycoon Lakshmi Mittal and his family continue to head the Asian Rich List-2012 despite their wealth coming down by 2 billion pounds at 13.5 billion pounds.

This is stated in the Asian Rich List, naming Britain’s ‘101 Wealthiest Asians 2012’ and brought out by EasternEye, a publication of the Asian Media & Marketing Group (AMG).

The Rich List was officially released last night by Ramniklal Solanki, CBE Editor-in-Chief, Asian Media & marketing Group in the presence of Keith Vaz, MP, at the Asian Business Awards ceremony.

The Hindujas, whose activities span from transport to oil, have seen their fortune improve further with a wealth of 9.5 billion pounds during the year, up 500 million pounds, to finish second in the list.

Anil Agarwal, Chairman of Vedanta Group, is third in the list with a fortune of 3.2 billion pounds, down 1.3 billion pounds, from last year.

Lord Swraj Paul, Chairman of Caparo and Chancellor of Westminster and Wolverhampton Universities, is 7th in the list with a wealth of 675 million pounds — up 75 million from last year.