Fwd: indian the third richest guy in the world...

From: Rohit Khare (rohit@uci.edu)
Date: Tue Feb 22 2000 - 13:48:50 PST

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>Forwarded Message :
>
>Premji is third richest after Gates & Buffett
>Our Mumbai Bureau
>18 FEBRUARY
>
>INFOTECH major Wipro?s stock price continued its gravity-defying run to
>cross the Rs 200,000 crore market-cap mark today even as disbelieving
>sceptics watched in amazement from the sidelines. Today?s rise also lifted
>Indian software czar Azim Premji to the world?s third richest individual
>(?99 rankings) slot. Wipro?s m-cap was today put at Rs 2,04,200 crore
>($46.8bn) after the stock hit an all-time high of Rs 8,911 (for Rs 2
>paid-up share). Azim Premji?s 75 per cent equity holding in Wipro values
>him at a jaw-dropping $35.25bn. This makes him the third richest
>individual in the world as per the Forbes ?99 rankings, behind Microsoft
>chief Bill Gates at $90bn and legendary investor Warren Buffett ($36bn).

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