Fight for Indian skies catches Forbes’ fancy

April 18th, 2008 - 11:15 pm ICT by admin  


New York, April 18 (IANS) The fight for dominance of Indian skies between Jet Airways founder Naresh Goyal and Kingfisher owner Vijay Mallya has earned them a place in a new list called ‘Battling Billionaires’ published by the Forbes magazine. Goyal, the established player in India’s air travel business with a net worth of $1.4 billion, is being challenged by Mallya, the upstart who floated Kingfisher Airline only a few years ago and is worth $1.2 billion, the US business magazine said.

“The two are now going tit for tat connecting Indian cities to foreign hubs,” the magazine added in a recent story featuring eight pairs of billionaires engaged in feuding.

Anil and Mukesh Ambani’s fierce competition to outdo each other in expanding their part of the Reliance empire has, however, not made the cut in the Forbes’ list.

Donald Trump and Mark Cuban are in the list for a war of words that erupted after Trump alleged Cuban’s short-lived television series, “The Benefactor”, had ripped off his own reality programme, “The Apprentice”. Trump called Cuban a loser and Cuban in turn retorted by saying he felt sorry for Trump.

Larry Ellison, the chief executive of Oracle, and Ernesto Bertarelli, a Swiss pharmaceutical billionaire, had a showdown in court trying to dictate rules for what they both covet - America’s Cup, sailing world’s most prestigious race.

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