Mukesh and Anil Ambani are yet again made it to a list of richest people

Sometimes a fight can be the route to fame. Mukesh and Anil Ambani have yet again made it to a list of richest people compiled by Forbes, but this time the recognition is not only for their business acumen.

Forbes, in its latest list of "Billionaire Family Feuds", has bestowed the Ambani brothers with the recognition because of their fight over Reliance since the death of their father Dhirubhai Ambani.

Calling their fight a “silver lining”, the magazine has detailed how the fortunes of the brothers have continued to rise even though they have been at loggerheads. Ten families have made it to the list with the Ambanis being the only ones from India.

"Sometimes fighting has a silver lining, as has been the case for Indian brothers Mukesh and Anil Ambani. Unable to get along, the brothers began fighting publicly in late 2004 for control of Reliance Industries, one of India's largest conglomerates. The situation became so untenable that their mother Kokilaben brokered a court- approved peace settlement that entailed divvying up the family businesses," the US business magazine wrote about the siblings in a report in its latest edition.

The magazine reports that in 2005, the brothers had a collective net worth of $7 bn, but fortunes changes soon after. In the Forbes' March 2007 list of world's richest persons, Mukesh was ranked at 14th place with $20.1 billion and Anil followed with a net worth of $18.2 billion ranked at 18th.

Courtesy:ibnlive.com
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