Business Standard

Mukesh on billionaire list: 'Sab maya hai'

Image

Press Trust of India New Delhi
Reliance Industries chairman Mukesh Ambani today termed the hype over the list of billionaires as "maya."

"There was much hype over the list of billionaires that India has thrown up... (but) this is a deceptive distraction," Ambani said while referring to Forbes' worldwide billionaire list that included 53 Indians.

"...It is like Maya (illusion) of our Indian philosophy .... It veils your vision, and we should be beware of this titillating illusion," Ambani said while speaking at the India Today Conclave here.

In its list published on March 5, Forbes magazine had ranked Mukesh as the richest resident Indian with a wealth of $43 billion.

In the global list, Mukesh Ambani was ranked fifth after legendary investor Warren Buffett, Mexican telecom baron Carlos Slim Helu, software czar Bill Gates and ArcelorMittal CEO Lakshmi Mittal.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 14 2008 | 2:49 PM IST

Explore News