Daughters of Mittal, Ambani and K.P. Singh follow them into Forbes list

September 1st, 2008 - 7:26 pm ICT by ANI  

New York, Sep 1 (ANI): Vanisha Mittal, Isha Ambani and Pia Singh, daughters of Lakshmi Mittal, Mukesh Ambani and K P Singh respectively, have followed in their fathers footsteps and grabbed the top three rankings on a Forbes list of billionaire heiresses.

Indian-origin steel tycoon Lakshmi Mittals daughter Vanisha Mittal Bhatia has emerged as the richest among those standing to inherit a fortune, Forbes reported.

Isha Ambani, the only daughter of Mukesh Ambani, an Indian billionaire ranked fifth in the world, follows Vanisha. Isha Ambani is just a teenager but already has her own stake in the Reliance Industries, worth about 80 million dollars.

Another Indian billionaire K P Singhs daughter Pia Singh is at the third position in the Forbes list of the worlds likely to be richest heiresses.

Mittal was ranked as the fourth richest person in the world in March when Forbes published its annual rich list, followed by Mukesh Ambani at the fifth rank.

Also making the cut are several heiresses who already play an active role in the family empire, a fact that appears to bode well for their chances of inheriting the business as well as a piece of the estate.

Leading that group is Delphine Arnault-Gancia, the daughter of Bernard Arnault, the worlds 13th-richest man, who heads 50 billion dollar (market cap) luxury goods behemoth LVMH.

Another one poised to inherit and lead is Marta Ortega Perez, daughter of Spanish retailer Amancio Ortega. (ANI)

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