Six Telugus remain in Forbes list
HYDERABAD: Six savant businessmen made it to the rich list from the State, making Andhra Pradesh retain its leadership in infrastructure and pharma sectors.
Of course, Grandhi Mall'ikarjuna Rao of GMR and Prathap C. Reddy of Apollo and L Madhusudan Rao of Lanco have been listed from Bangalore, Chennai and Gurgaon respectively considering the existence of their corporate offices there is a different story.
G.M.Rao belongs to Rajam in Srikakulam district and Dr. Reddy's native village is Arag'onda in Chittoor district and Madhusudan Rao from Gu'ntur district.
Topping the list among the Telugus in the Forbes list is Grandhi Mallikarjuna Rao aka GMR with his net worth pegged at USD 1.6 billion. He is ranked 33rd in India. K. Anji Reddy, founder of Dr. Reddy's Labs is personally worth USD 1.35 billion and is ranked 39.
Divi Murali of Divi's Labo'ratories made it to 53rd position with a net worth of USD 1.05 billion. Healthcare giant Apollo's founder Prathap C. Reddy is in the 89th position with a tag of half a billion dollars.
Lagadapati Madhusdana Rao, chairman of Lanco Group and younger brother of Vijay'awada MP L. Rajagopal, bag'ged the 91st position with a net worth of USD 0.49 billion.
The 74-year-old G.V. Kris'hna Reddy, chairman of the GVK Group, with 100th place in the list, is worth USD 0.37 billion.
HYDERABAD: Six savant businessmen made it to the rich list from the State, making Andhra Pradesh retain its leadership in infrastructure and pharma sectors.
Of course, Grandhi Mall'ikarjuna Rao of GMR and Prathap C. Reddy of Apollo and L Madhusudan Rao of Lanco have been listed from Bangalore, Chennai and Gurgaon respectively considering the existence of their corporate offices there is a different story.
G.M.Rao belongs to Rajam in Srikakulam district and Dr. Reddy's native village is Arag'onda in Chittoor district and Madhusudan Rao from Gu'ntur district.
Topping the list among the Telugus in the Forbes list is Grandhi Mallikarjuna Rao aka GMR with his net worth pegged at USD 1.6 billion. He is ranked 33rd in India. K. Anji Reddy, founder of Dr. Reddy's Labs is personally worth USD 1.35 billion and is ranked 39.
Divi Murali of Divi's Labo'ratories made it to 53rd position with a net worth of USD 1.05 billion. Healthcare giant Apollo's founder Prathap C. Reddy is in the 89th position with a tag of half a billion dollars.
Lagadapati Madhusdana Rao, chairman of Lanco Group and younger brother of Vijay'awada MP L. Rajagopal, bag'ged the 91st position with a net worth of USD 0.49 billion.
The 74-year-old G.V. Kris'hna Reddy, chairman of the GVK Group, with 100th place in the list, is worth USD 0.37 billion.
News Posted: 28 October, 2011
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