New York, January 29: Mukesh Ambani and steel baron Lakshmi Mittal have been featured by the US magazine Forbes among the world’s most powerful billionaire.
The Forbes has named influential people across the world which have great wealth plus political power as well as industrial might.
“A few plutocrats have the mix of money, industrial might and political prowess to earn a spot among the world’s most powerful billionaires,” the magazine stated.
The list includes the likes of Michael Bloomberg who is the mayor of New York City and also owns 88 per cent of news and data giant Bloomberg LP. Forbes estimates his fortune at USD 17.5 million.
Others on the list are billionaire Sebastian Pi?era who won Chile’s presidential election, media and banking titan and prime minister of Italy Silvio Berlusconi and Lebanonese premier and industrial heir Saad Hariri.
About Mukesh Ambani, Forbes stated: “Ambani controls oil and gas conglomerate Reliance Industries. With a market value of more than USD73 billion, the firm is India’s biggest independent company.”
Besides, the world’s largest steel maker Lakshmi Mittal has also been named in the list and has a market value of USD 65 billion.
Apple’s Steve Jobs also features among the powerful billionaires in the world.
Last November, the Forbes had come out with list of the world’s billionaires which had included Mukesh Ambani and Lakshmi Mittal has been named at 7th and 8th ranks, respectively.
-PTI