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Now Dilip Shanghvi is the richest Indian

PHOTOS:Dilip Shanghvi overtakes Mukesh Ambani as richest Indian

Shanghvi's networth today stood at USD 21.5 billion, following a sharp rally in share prices of his group companies, while that of Ambani was USD 20.4 billion. The Annual Rich List had put Ambani's wealth at USD 21 billion, based on share prices and exchange rates as on February 13. Ambani has been ranked as richest Indian for eight consecutive years now on the Forbes' annual rich lists, even as his ranking has come down sharply from among top-ten positions globally earlier.