Ambanis up on Forbes list, Mittal slips

New Delhi, Feb 4: Though they lost more than $13 billion from their combined wealth, the Ambani brothers still moved higher on the Forbes' latest list of the world's ten richest CEOs. While Bharti's Sunil Mittal joined the league, steel tycoon Lakshmi Mittal has slipped two places.

Warren Buffett, the legendary United States investor has retained his top position on the annual list. Oracle chief Larry Ellison replaced India-born Lakshmi Mittal in second position. Mittal was moved down to fourth position, while the elder of the two warring brothers, Mukesh Ambani has jumped three positions to grab third rank this year.

Anil Ambani also moved up by one place to sixth rank on 2009's Forbes list of ten wealthiest CEOs.

Wipro's Azim Premji, who was in the ninth position in 2008 was moved out of the list. While Sunil Mittal of Bharti Airtel has joined the league at ninth position. The total number of Indians on the list has remained unchanged at four on this year's list.

OneIndia News (With inputs from Agencies)