<br /><ul><li><strong>Indian billionaire <keyword id="29201" type="PERSON" weightage="20" keywordseo="Lakshmi-Mittal">Lakshmi Mittal</keyword>, CEO and Chairman of <keyword id="47654" type="COMPANY" weightage="20" keywordseo="ArcelorMittal">ArcelorMittal</keyword> is third highest on <keyword id="7925744" type="UNKNOWN" weightage="20" keywordseo="ceoworld-magazine">CEOWORLD magazine</keyword>’s global ranking of the best chief executives for 2019.<br /></strong></li><li><strong>The CEOWORLD rankings placed <keyword id="80487" type="COMPANY" weightage="20" keywordseo="walmart">Walmart</keyword> CEO Douglas McMillon as the highest ranking CEO, globally.<br /></strong></li><li><strong>Other Indian CEOs include <keyword id="6355199" type="COMPANY" weightage="20" keywordseo="reliance-industries">Reliance Industries</keyword>’ <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>, <keyword id="6356834" type="COMPANY" weightage="20" keywordseo="indian-oil-corporation">Indian Oil Corporation</keyword> (IOC) Chairman Sanjiv Singh, Shashi Shanker of Oil and Natural Gas Corporation(ONGC).</strong></li></ul>Billionaire Lakshmi Mittal who leads ArcelorMittal is one of the top three CEOs in the world, according to the <a href="https://ceoworld.biz/2019/07/25/best-ceos-in-the-world-2019/">CEOWORLD magazine’s global ranking</a> 2019.<br /><br />He is followed by Reliance Industries’ Mukesh Ambani, Indian Oil Corporation (IOC) Chairman Sanjiv Singh, Shashi Shanker of <keyword id="64243" type="COMPANY" weightage="20" keywordseo="Oil-and-Natural-Gas-Corporation">Oil and Natural Gas Corporation</keyword> (ONGC) and Rajnish Kumar of <keyword id="6354731" type="DOMAIN" weightage="20" keywordseo="state-bank-of-india">State Bank of India</keyword> (SBI).<br /><br />
	<div type="twitter" handle="ONGC_" handlename="ONGC" image="http://pbs.twimg.com/profile_images/523484376672137216/ykvMIhdY_normal.jpeg" favoritecount="279" retweetcount="41" status="Shashi Shanker, @CMD_ONGC , makes it to the 100 Most Influential Chief Executives across industries as per… https://t.co/RdwV9mcdUL" createdat="1564236074000" id="1155115935012753408"></div>



<br />The top ranking went to Walmart CEO Douglas McMillon. He is followed by Royal Dutch Shell’s Ben van Beurden.<br /><br />The rankings include 121 best CEO’s across the globe, filtered from over 1,200 across 96 countries. The ranking is based on the financial returns for the CEO’s tenure — which carries 60% weightage. The rest is influenced by factors like company’s governance policies, market capitalisation, social issues and others.<br /><br /><strong>Here’s a list of Indian CEOs that featured in CEOWORLD magazine’s global ranking:<br />
	<div type="Slideshow" msid="70444924" hostid="261" title="Here's the list of the top Indian CEOs featured in CEOWORLD global rankings" firstImageMsid="70445233" slideCount="11"></div>



</strong><br />

Here's the list of the top Indian CEOs featured in CEOWORLD global rankings

<ul class="summary-list"><li>I traveled to Timor-Leste in May and spent four days exploring its capital city.</li><li>Timor-Leste is one of the least-visited countries in the world.</li></ul><p>I've spent the past two years <a target="_blank" href="https://www.businessinsider.com/southeast-asia-travel-mistakes-packing-weather-clothing-traditions-medicine-2024-4">traveling to 20 countries</a>. While most of these countries — from the <a target="_blank" href="https://www.businessinsider.com/budget-trip-maldives-cheap-hotel-flights-travel-guide-2024-1">Maldives</a> to France — were among the world's most popular, it was the off-the-beaten-path destinations that I enjoyed most.</p><p>Last month, I traveled to <a target="_blank" href="https://www.businessinsider.com/shortest-people-in-world-by-country-2019-6#1-timor-leste-15547cm-5-feet-128-inches-25">Timor-Leste</a>, a country located in the South Pacific. The country comprises the eastern part of Timor Island and two smaller islands. At 5,800 square miles, it's comparable in size to the Bahamas.</p><p>It's also the 14th least-visited country in the world and the least-visited in Asia, according to a January report from <a target="_blank" href="https://ceoworld.biz/2024/01/15/revealed-here-are-the-least-visited-countries-in-the-world-2024/">CEOWorld magazine</a>. Some 81,000 tourists visited Timor-Leste in 2023 — putting it just ahead of Chad and Sierra Leone, per the report.</p><p>The lack of tourists is not a direct result of the pandemic either. Back in 2019, only around 80,000 tourists had visited, <a target="_blank" href="https://tradingeconomics.com/east-timor/tourist-arrivals">per the National Statistics Directorate Timor</a>. While researching my trip, I struggled to find information online for tourists — save for a handful of short vlogs on YouTube. I ended up having to learn along the way.</p><p>Here are seven things that surprised me about Timor-Leste.</p><h2 id="f76c0f10-8601-4a33-94c8-02ee81848890">1. It's difficult to fly there — and even harder to get around.</h2><div type="image" title="Woman on a scooter by the sea" height="3024" width="4032" msid="111501748" hostid="261" sizebytes="853296"></div><p id="f76c0f10-8601-4a33-94c8-02ee81848890">Only a handful of airlines fly to Dili, the capital, where the only international airport in Timor-Leste is located. Tourists can only fly to Dili from <a target="_blank" href="https://www.businessinsider.com/bali-digital-nomad-cost-jobs-career-guide-lifestyle-2023-3">Bali</a>, Indonesia, and Darwin, Australia. I was in Bali for three weeks, so I decided to fly with the Indonesian budget airline Citilink. Dili's airport is tiny — there's only one departure gate and one runway.</p><p>There are no <a target="_blank" href="https://www.businessinsider.com/tesla-robotaxi-ride-hailing-app-video-2024-6">ride-hailing</a> services in Timor-Leste. While there are some taxis to help tourists get around, I only spotted them around the airport and in the city center. I ended up meeting Fernando, a local, who took me around the city on a scooter. I found that traveling via scooter was the best way to sightsee from the coasts to the surrounding mountains.</p><h2 id="66c78e68-2826-4826-801d-28dac26d0599">2. There aren't many options when it comes to accommodation.</h2><div type="image" title="A hotel room in Timor-Leste" height="2160" width="2880" msid="111501749" hostid="261" sizebytes="126402"></div><p>While <a target="_blank" class="" href="https://affiliate.insider.com?h=d8a8d663cf225f9f1af6c2c8b57fcbf5a32c449e75ec22631b46dca219696226&amp;postID=6683bb467d643e2830029b46&amp;postSlug=travel-timor-leste-south-pacific-asia-tips-beach-coast-2024-7&amp;site=bi&amp;u=https%3A%2F%2Fwww.hilton.com%2Fen%2Fhotels%2Fdiltshi-hilton-dili-palm-springs%2F">Hilton</a> plans to open a hotel in Dili's business district later this year, when I visited, there were no luxury resorts or international hotel chains in Timor-Leste. With only around 70 hotels and guesthouses in the country listed on Google Hotels, lodging choices online were limited. I booked three nights at Timor Plaza Hotel &amp; Apartments, a three-star hotel located next to a small mall in the city center.</p><p>After chatting with other travelers, I found many were staying in local <a target="_blank" href="https://www.businessinsider.com/hostel-singapore-backpacking-best-rated-tripadvisor-google-review-photos-price-2022-4">guesthouses</a> by the beach. They're usually a simple set-up, comprising a small room with a bed, mosquito net, and a fan. You can spot signs at the side of the road showing if there are rooms available for the night. Since there are very few tourists in the country, chances are you can negotiate a rate and book your stay on the spot.</p><h2 id="61c44bd0-2e2d-4e8a-a3fe-467bf94258a9">3. Locals use US dollars — which means it's more expensive than other nearby countries.</h2><div type="image" title="A plate of nasi goreng and a cup of iced tea" height="2267" width="3022" msid="111501752" hostid="261" sizebytes="398272"></div><p>The <a target="_blank" href="https://www.businessinsider.com/dedollarization-rich-countries-advanced-economies-buy-gold-dollar-share-reserves-2024-6">US dollar</a> is the official currency. While used interchangeably, The East Timor Centavo is only minted in coins and pegged to the US dollar at $1 to 100 centavos. This makes Timor-Leste more expensive than many other countries in Asia.</p><p>In Bali, a plate of <a target="_blank" href="https://thebalisun.com/worlds-most-decadent-and-expensive-nasi-goreng-on-bali-beach-club-menu/#:~:text=In%20popular%20tourist%20hotspots%2C%20the,priced%20between%20IDR%20120%2D180%2C000.">nasi goreng</a> — an Indonesian fried rice with satay — costs an average of between $3 to $4.50. In Dili, I paid between $10 and $15 for a similar dish. In Bali, renting a scooter for a day can cost as little as $3. In Dili, it <a target="_blank" href="https://www.timorleste.tl/plan-your-trip/transport/">costs</a> over five times more, between $25 and $35.</p><h2 id="65e24fa0-c946-4582-8ca7-33fc8e4b0ddf">4. Not everyone speaks the same language.</h2><div type="image" title="A woman working in a fabric shop in Timor-Leste" height="2424" width="3232" msid="111501753" hostid="261" sizebytes="578414"></div><p id="65e24fa0-c946-4582-8ca7-33fc8e4b0ddf">While Portuguese and Tetum are the official languages of Timor-Leste, English and Indonesian are the working languages. However, only 13.5% of locals speak Portuguese, <a target="_blank" href="https://2009-2017.state.gov/outofdate/bgn/timorleste/101181.htm#:~:text=As%20a%20result%20of%20the,according%20to%20the%202004%20census.">according to the US Department of State</a>.</p><p id="65e24fa0-c946-4582-8ca7-33fc8e4b0ddf">The majority of locals I met in Dili spoke Tetum and Indonesian. Due to the high number of ethnic groups in Timor-Leste, there are at least <a target="_blank" href="https://minorityrights.org/country/timor-leste/">16 additional languages</a> between them.</p><p>As I grew up in Singapore and can speak some <a target="_blank" href="https://www.businessinsider.com/solo-woman-female-traveler-backpacking-safety-asia-indonesia-jakarta-guide-2023-10">Indonesian</a>, when locals didn't speak English, that was my fallback language. Although Fernando, my guide, told me tourists needed to be careful when conversing in Indonesian. He noted that some locals may get offended, considering the complicated history between these countries. I found that it was best to ask what language they prefer to speak when in doubt.</p><h2 id="69939375-afec-423a-9147-692be9d7cb72">5. Very few American chains operate in the country.</h2><div type="image" title="A café overlooking Dili in Timor-Leste" height="2267" width="3022" msid="111501760" hostid="261" sizebytes="657492"></div><p id="69939375-afec-423a-9147-692be9d7cb72">Only a handful of American food chains exist in Timor-Leste, mostly in Dili's city center. I spotted a Burger King and a Gloria Jean's Coffee outlet next to each other right outside the hotel where I was staying — McDonald's doesn't operate in Timor-Leste. As an adventurous eater, I had all my meals at locally-run eateries and cafés, where I had Indonesian and Timorese fare.</p><p>A few stores sell American brands like Head and Shoulders and Maybelline when it comes to toiletries and makeup. But no-name brands are more common and are sold for much cheaper.</p><h2 id="71b61b0f-aec7-4ade-af7a-19c88c2aa686">6. The landscapes are some of the most pristine in the region.</h2><div type="image" title="The view of a beach in northern Dili" height="1816" width="2422" msid="111501750" hostid="261" sizebytes="670366"></div><p id="71b61b0f-aec7-4ade-af7a-19c88c2aa686">I found that Timor-Leste offered some of the most <a target="_blank" href="https://www.businessinsider.com/sri-lanka-train-coast-colombo-ticket-price-route-photos-2024-3">scenic views</a> in Asia.</p><p>I spent most of my time at Cristo Rei Beach — which is overlooked by an 88-foot-long statue of Jesus Christ — at the northern tip of Dili. It's a natural white-sand beach with the clearest waters I have ever seen — even clearer than <a target="_blank" href="https://www.businessinsider.com/expensive-vs-budget-overwater-villa-in-maldives-comparison-save-money-2024-5">the Maldives</a>. I could see the outline of the mountainous Atauro Island from the coast, famed for its rich, colorful reefs.</p><p>After traveling the region extensively, I found Dili the most scenic capital city I've seen. Its gorgeous coastline is flanked by towering mountains.</p><h2 id="47c7cd9d-59ae-4743-b42e-1964cbe406b9">7. You won't find the local nightlife listed online — but you'll find it in the streets.</h2><div type="image" title="A national day celebration with fireworks in the background" height="768" width="1024" msid="111501756" hostid="261" sizebytes="48380"></div><p>On Google Maps, there are only a few local <a target="_blank" href="https://www.businessinsider.com/nightclubs-singapore-red-light-district-closing-sex-workers-orchard-towers-2023-6">nightlife</a> establishments listed — and most have no photos, reviews, or information. But my guide, Fernando, shared that locals love drinking the local palm wine and dancing to Kizomba, a dance genre originating from Angola, in the late evenings.</p><p>I was fortunate to be in Timor-Leste on May 20, during National Day. It marks when the country gained <a target="_blank" href="https://www.timorleste.tl/east-timor/about/history/">independence from Indonesia</a>. I found thousands of people partying by the beach and hundreds of motorcycles revving down the coast to celebrate the day. The energy was unexpected — and a memorable surprise that I'll never forget.</p>

I've traveled to 20 countries in 2 years. I found the most stunning coast in one of the least-visited countries. 

<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7dacf626289827e83ee73b-2000/gettyimages-898388650.jpg" border="0" alt="CEO watches" data-mce-source="Getty Images" data-mce-caption="Watches are a status symbol - just ask these top execs." /><p class="source"><span>Getty Images</span></p><p class="caption">Watches are a status symbol - just ask these top execs.</p></div><p></p></div></div></p><ul class="summary-list"><li>People all over the world opt for timepieces as a fashion statement that denotes power and class.</li><li>The includes CEOs, who tend to favor luxury watches and high-tech timepieces.</li><li>Top execs at Microsoft, Amazon, Toyota, LinkedIn, and Oracle have favorite watches they've been spotted wearing.</li></ul><p>We carry our cell phones around all day through, and wearing a wristwatch, to many, may seem no longer necessary. That is true of you only treat your watch as a means of learning the current time. For a lot of people though, their watch is more of a<span> </span><em>statement </em>rather than anything else. This is especially true of luxury watches and high-tech timepieces.</p><p><em>"I know most people use their phones to tell time, but there's something very romantic and beautiful about a timepiece." - Padma Lakshmi</em></p><p>People all over the world opt for timepieces as an emphasis of power and class, and we decided to take a look at the watches CEOs of well-established companies around the world to opt for.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da8ac2628982513758e58-800/audemars-piguet-royal-oak.jpg" border="0" alt="Audemars Piguet Royal Oak" data-mce-source="CEOWorld Magazine" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Audemars Piguet Royal Oak</p></div><p></p></div></div></p><h2><strong>1. Audemars Piguet Royal Oak</strong></h2><p>This watch is the choice of Jeff Weiner, CEO of LinkedIn. This luxury piece retails for a whopping $18000 and up but can be purchased pre-owned on<span> </span><a href="https://www.chronoexpert.com/">Chronoexpert<span> </span></a>for a much lower price, starting around $7,000. Audemars Piguet has been around for decades giving a masculine and powerful take on the iconic Royal Oak watches.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da8c4262898300d3a1a08-1356/breitling colt automatic.png" border="0" alt="Breitling Colt Automatic" data-mce-source="CEOWorld Magazine" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Breitling Colt Automatic</p></div><p></p></div></div></p><h2><strong>2. Breitling Colt Automatic</strong></h2><p>What kind of watch does the CEO of Microsoft, Satya Nadella wear? The answer is- Breitling Colt Automatic. This watch is a perfect symbol of the dynamic winner-style Colt collection, boasting a sleek steel water-resistant case and self-winding caliber. This timepiece is rather affordable, with prices starting at $3,000 and up, depending on the mechanism and condition.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da8dc26289814e2507652-1190/rolex datejust.png" border="0" alt="Rolex Datejust" data-mce-source="CEOWorld Magazine" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Rolex Datejust</p></div><p></p></div></div></p><h2><strong>3. Rolex Datejust</strong></h2><p>Let's be honest. No list of watch selections is complete without a Rolex timepiece. Called the Classic Watch of reference, this amazing piece is synonymous to class and respect. Rolex Datejust, even with some changes within time, has been able to sustain its position against time, transcending fashion and the never-ending race for change. Aesthetically, this timepiece has spanned eras, and still its traditional versions are one of the most notable watches in history. Someone who can't agree more with this description is Mark Hurd, Co-CEO of Oracle, who's been a happy owner of this accessory for quite a long time.</p><p>Rolex Datejust prices start at $3,500, being one of the most affordable yet classiest pieces in this selection. Again, pre-owned watches are an option, with prices starting at around $2000 for this glam model.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da9072628983026724a24-988/ulysse nardin dual time 233-88-7.png" border="0" alt="Ulysse Nardin Dual Time 233 88 7" data-mce-source="CEOWorld Magazine" data-mce-caption="Ulysse Nardin Dual Time" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Ulysse Nardin Dual Time</p></div><p></p></div></div></p><h2><strong>4. Ulysse Nardin Dual Time 233-88-7</strong></h2><p>"Since 1846, the powerful movement of the ocean has inspired Ulysse Nardin in its singular quest: the constant innovation of mechanical timepieces." This is what Ulysse Nardin description is, and its Dual Time model is one manifestation of this motto.</p><p>Priced at around $8,000, this unique watch is a display of silver and marine, with a stylish and classy mixup. This potion-like combination didn't leave the richest man on the planet, Jeff Bezos indifferent. The CEO of Amazon, whose estimated net worth has been a whopping $17 billion in 2017 as reported by Forbes, has chosen this model to grace his wrist.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da962262898176e3785d9-1196/patek philippe calatrava 5119g.png" border="0" alt="Patek Philippe Calatrava 5119G" data-mce-source="CEOWorld Magazine" data-mce-caption="Patek Philippe Calatrava" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Patek Philippe Calatrava</p></div><p></p></div></div></p><h2><strong>5. Patek Philippe Calatrava 5119G</strong></h2><p>This classic model is a mere symbol of Patek Philippe, boasting the essence of the round wristwatches at their finest. If we want to speak about timeless, this model is definitely going to make it to the list- supremely elegant, plain and charming. This timepiece has mechanical manually wound mechanism, and shiny black alligator strap.</p><p>Priced at around $21,000 and up, this watch is the most expensive item on our list. The CEO that has opted for this accessory is Akio Toyoda, president of Toyota since 2009. He's been photographed wearing this timepiece countless of times during several years, all adding on to the "timeless" nature of this elegant watch.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da98626289814ec22ba38-1290/omega planet ocean.png" border="0" alt="Omega Planet Ocean" data-mce-source="CEOWorld Magazine" data-mce-caption="Omega Planet Ocean" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Omega Planet Ocean</p></div><p></p></div></div></p><h2><strong>6. Omega Planet Ocean</strong></h2><p>The Seamaster Planet Ocean Collection, around since 2005, has paid homage to OMEGA's ocean heritage. It's newest rollout version, Omega Planet Ocean, is a step forward in watchmaking excellence, combining a classic look with a modern touch.</p><p>This professional Swiss-made diving watch is priced at around $7,500 for a new, elegant, water-resistant piece. A fan favorite altogether, this timepiece has been worn by Tony Aquila, CEO of Solera Holdings since 2005 and "National Entrepreneur of the Year" by EY in 2013.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da9c626289819da346885-1340/chopard mille miglia 16 8997.png" border="0" alt="Chopard Mille Miglia 16 8997" data-mce-source="CEOWorld Magazine" data-mce-caption="Chopard Mille Miglia" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Chopard Mille Miglia</p></div><p></p></div></div></p><h2><strong>7. Chopard Mille Miglia 16/8997</strong></h2><p>Another Swiss classic model on the list. Chopard Mille Miglia established themselves as a brand that builds bridges. Their Race and Sports editions have been around for years, a carefully crafted unison of automotive engineering and mechanical watchmaking.</p><p>Priced at around $7,000, this watch has been a sales giant in recent years, attracting the attention of 48-years-old Dara Khosrowshahi, the present CEO of ride-hailing giant Uber.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c7da9ea262898195c00aa8b-1294/rolex submariner 116610.png" border="0" alt="Rolex Submariner 116610" data-mce-source="CEOWorld Magazine" data-mce-caption="Rolex Submariner" /><p class="source"><span>CEOWorld Magazine</span></p><p class="caption">Rolex Submariner</p></div><p></p></div></div></p><h2><strong>8. Rolex Submariner 116610</strong></h2><p>We will close this list with another legendary timepiece by Rolex, the Submariner. With the unmatched Oystersteel cases, superalloys implemented mainly in high-tech, aerospace and chemical industries this model is all about all-resistant control.</p><p>Priced at around $8,500, this piece is favored by John Hammergren, chairman, president, and CEO of McKesson Corp.</p><p>These are all<span> </span><a href="http://www.chronoexpert.com/">luxury watches</a><span> </span>that CEOs love. Well, not only CEOs, of course. While many of these pieces are far from being affordable for the ordinary buyer, they are a very worthy investment in terms of their price development as the time goes by.</p><p>If you want to own a model, but still find its price to be too high, consider choosing a pre-owned model from a trustworthy provider- it will still have all the charm in place, for a fraction of the cost, at times.<br /><br /><em>Read the original article on <a href="https://ceoworld.biz/2019/02/26/eight-watches-worn-by-ceos-and-corporate-executives/">CEOWorld.biz</a>.</em></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/amazon-not-paying-taxes-trump-bezos-2018-4">Amazon will pay $0 in federal taxes this year - here's how the $793 billion company gets away with it</a></h3>        <div>            <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/v53tEkxV-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script>        </div>    </div>

8 statement-making watches worn by CEOs and corporate executives

<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5baa84cd33db9ecd5f8b456f-1060/53cc0e5e6bb3f7d907a4a40f.jpg" border="0" alt="Mukesh Ambani" data-mce-source="Reuters/Amit Dave" /><p class="source"><span>Reuters/Amit Dave</span></p></div><p></p></div></div></p><ul class="summary-list"><li><strong>CEOWORLD Magazine recently published its "<a href="http://ceoworld.biz/2018/09/24/india-rich-list-for-2018">India Rich List for 2018,"</a> which ranks the wealthiest individuals in the world's fastest-growing economy.</strong></li><li><strong>The majority of top 10 are self-made billionaires who built empires in software services, pharmaceuticals, and finance. A few of them inherited stakes in their families' companies.</strong></li><li><strong>Mukesh Ambani, Chairman of Reliance Industries tops the list with a net worth of $47.8 billion. </strong></li></ul><p><span>Thanks to India's booming economy, the <a href="https://markets.businessinsider.com/news/stocks/indias-economic-growth-hits-82-fastest-in-2-years-2018-8-1027500516">fastest-growing major economy in the world</a>, there has been a meteoric rise in the wealth of the country's elites and business owners. Once dominated by prominent business families like the Tatas, Birlas, or Ambanis, there has been a dramatic increase in the number of self-made billionaires. </span></p><p>CEOWORLD magazine recently published its "<a href="http://ceoworld.biz/2018/09/24/india-rich-list-for-2018">India Rich List for 2018,</a>" which is made up mostly of self-made billionaires who have built empires in software services, pharmaceuticals, finance, metals, and energy.</p><p><span>With a wealth of $47.8 billion, Mukesh Ambani, the chairman of Reliance Industries, has cemented his position as being India's richest person. </span></p><p><span>Take a look at who else made it into the top 10 spots this year:</span></p>

These are the 10 richest people in India

<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5ba262b0959f3418008b5f94-2336/steve ballmer.jpg" border="0" alt="steve ballmer" data-mce-source="Jeff Gross/Getty Images" /><p class="source"><span>Jeff Gross/Getty Images</span></p><p class="caption">Steve Ballmer owns the Los Angeles Clippers.</p></div><p></p></div></div></p><ul class="summary-list"><li><a href="https://www.businessinsider.com/how-the-worlds-top-billionaires-acquired-their-fortunes-2018-6" target="_blank" rel="noopener">Billionaires</a> often make extravagant purchases - like buying their own sports team.</li><li><a href="http://ceoworld.biz/2018/09/18/top-20-richest-sports-team-owners-in-the-world-2018/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=top_20_richest_sports_team_owners_in_the_world_2018&amp;utm_term=2018-09-18" target="_blank" rel="noopener">CEOWORLD magazine</a> recently ranked the 20 wealthiest owners of major league sports teams around the world.</li><li>Some <a href="https://www.businessinsider.com/the-23-richest-billionaire-nhl-franchise-owners-2018-3" target="_blank" rel="noopener">billionaire owners</a> own more than one team - like Paul Allen, who owns the Portland Trail Blazers and the Seattle Seahawks.</li></ul><p>Billionaires have a lot of cash to drop. Some are known to spend it on mansions. Others, private planes and luxury cars. And others still? They just buy their own <a href="https://www.businessinsider.com/richest-people-in-sports-billionaires-2016-3" target="_blank" rel="noopener">sports team</a>.</p><p><a href="http://ceoworld.biz/2018/09/18/top-20-richest-sports-team-owners-in-the-world-2018/?utm_source=newsletter&amp;utm_medium=email&amp;utm_campaign=top_20_richest_sports_team_owners_in_the_world_2018&amp;utm_term=2018-09-18" target="_blank" rel="noopener">CEOWORLD magazine</a> recently ranked the 20 wealthiest owners of major league sports teams using Forbes' World's Billionaires ranking. They found that of the 62 billionaire team owners around the world, their collected net worth is $375 billion. And for some, one team isn't enough - together, they own 78 teams.</p><p>In fact, three among the top five richest billionaire sports team owners own multiple teams, Microsoft cofounder Paul Allen among them. Dietrich Mateschitz and Stanley Kroenke own the most teams on the list, with three and four each, respectively. Only one woman makes the list: Marian Ilitch, the cofounder of <span>Little Caesars Pizza.</span></p><p>From football to basketball, here's a look at the 20 richest owners of major sports league teams.</p>

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