Subhash Chandra fourth in 'BS' Billionaire list

MUMBAI: Zee Group chairman Subhash Chandra may have seen an erosion in his personal wealth this last year but that hasn't prevented his climbing a place in the richest Indians' list. 

Business Standard's fourth annual ranking of the richest Indians belonging to the Billionaire Club features Chandra in fourth place with his total wealth estimated at Rs 23.88 billion. Last year, Chandra was in fifth place with Rs 29.52 billion and the net worth of his unlisted companies is placed at Rs 1.72 billion.

Wipro's CMD Azim Premji tops the list with an estimated wealth of Rs 322.02 billion. The Ambanis of Reliance are placed second with Rs 188.63 billion. The survey was conducted in association with Amity Business School.

Business Standard's study also shows that the highest climbers in terms of value is the Hinduja family (ranked No 13) whose net worth has increased by Rs 7.11 billion to Rs 15.22 billion.

The study also showed that the entertainment industry is becoming another major moneyspinner.

Subrata Roy

Five billionaires, of whom three are directly linked to television, have a combined value of Rs 31.72 billion. Chandra towers over this pack and is followed by Subrata Roy of Sahara Media with a net worth of Rs 3.2 billion. Also up there is Jeetendra Kapoor through Balaji Telefilms whose net worth was placed at Rs 2.47 billion.

The top corporate earners from media on the list were also

Jeetendra Kapoor

from Zee. RK Singh and the man who replaced him Sandeep Goyal are nowhere in the Zee picture today but as whole time directors on the company board figure in the list. RK Singh had a gross salary of Rs 18 million whereas Goyal had a gross salary of Rs 17.3 million.

The methodology adopted for estimating wealth was based on market value of their holdings in the listed companies. In line with the international practice, the crossholding structure of their stakes was also considered. The net worth of those own unlisted companies has also been taken into consideration. More than 25,000 unlisted companies spread over 100 sectors were considered. The "earning" billionaires or professional managers were also considered.

Latest Reads
TLC firmly establishes itself as a clear leader in lifestyle genre with 24% upswing in ratings

TLC, leading lifestyle channel from Discovery Communications India, soared to the top of Lifestyle genre with a 24% increase in ratings according to the latest BARC data*. TLC secured 8640 impressions ‘000 in week 11 as compared to 6972 impressions ‘000 in Week 10. The upsurge in ratings is...

Television TV Channels Factual & Documentary
Balaji Telefilms appoints Jyoti Deshpande as non-executive additional director

Balaji Telefilms has appointed Jyoti Deshpande as the non-executive additional director. The appointment, which was approved following a circular resolution by its board on 22 March, is in compliance with share subscription agreement entered into between Balaji and Reliance Industries Ltd (RIL) on...

Television TV Channels People
Aaj Tak relaunches 'Seedhi Baat'

MUMBAI: TV Today Network has relaunched its big-ticket Hindi show Seedhi Baat. The show will be hosted by Sweta Singh, news anchor and executive editor of special programming at Aaj Tak. The first episode of the show, which  will air at 8 pm on 24 March, will feature BJP president Amit Shah as the...

Television TV Channels News Broadcasting
Dsport tops BARC ratings with Nidahas Trophy viewership

MUMBAI: Dsport, which launched last year in February, became the top ranked sports channel according to Broadcast Audience Research Council (BARC) all-India data in week 11. Rishtey Cineplex attracted a big chunk of the Hindi-speaking audience while competing with pubcaster DD Sports.

Television TV Channels Sports
Zee TV’s ‘Ishq Subhan Allah’ year’s second highest weekday fiction launch across GECs

Zee TV recently put the spotlight on Triple Talaaq with its new fiction show Ishq Subhan Allah introducing viewers to the turbulent love story of Zara (Eisha Singh) and Kabeer (Adnan Khan) – an Islamic couple dealing with the issue first-hand. Raising pertinent questions about women having a say...

Television TV Channels GECs
&Privé HD’s Unforgettables at 9 property celebrates movies that have left an indelible mark

There are some movies that become a part of your life and you can’t help but watch them over and over again. There are some characters that reveal a hidden element of yourself that results in an instant connection. &Privé HD’s property ‘Unforgettables at 9’ brings such classics every Monday to...

Television TV Channels English Entertainment
Living Foodz raises a Toast to India’s finest restaurants, night

India’s premium lifestyle channel, Living Foodz organized the second edition of Epicurean Guild Awards at an evening which saluted the game changers in India’s fine-dining, nightlife and lifestyle entertainment space. Held on March 22 at Sahara Star, Mumbai, the event was curated by Chef Manu...

Television TV Channels English Entertainment
Zee Anmol regains top Hindi GEC spot across genres

BENGALURU: Zee Entertainment Enterprises Ltd’s (Zeel) free-to-air (FTA) Hindi GEC Zee Anmol has returned to second place in Broadcast Audience Research Council (BARC) list of top 10 channels across genre in week 11 of 2018 (Saturday, 10 March 2018 to Friday, 16 March 2018). The numero uno position...

Television TV Channels Viewership
Emerald Media buys minority stake in Global Sports Commerce

MUMBAI: Emerald Media, the Pan-Asia company backed by global investment firm KKR, has acquired a significant minority stake in sports technology and management company Global Sports Commerce (GSC) through a combination of primary and secondary investments.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories