Mukesh Ambani included in top 10, 9th in Forbes global rich list

Mukesh Ambani, head of oil-to-telecom conglomerate Reliance Industries Ltd. remains the richest Indian and has now featured in the top 10 richest persons in the world in the latest Forbes 2024 Billionaires List.

According to Forbes, 66-year-old Ambani is ranked 9th on the list with a net worth of US$116 billion, up from US$83.4 billion in the 2023 ranking.

Gautam Adani is the second richest Indian and is ranked 17th in the global list. He is worth US$84 billion, up from US$47.2 billion in 2023, when his Apple-to-airports group was rocked by a damning report from US short-seller Hindenburg Research. In the report, Adani Group has denied all the allegations.

Adani, 61, was worth US$90 billion in the 2022 ranking.

The Forbes 2024 Billionaires list includes 2,781 individuals, an increase of 141 names from last year’s list. According to the list, billionaires are richer than ever before, with a net worth of US$14.2 trillion, which is US$2 trillion more than in 2023 and US$1.1 trillion more than the previous record, which was also set in 2021.

Two-thirds of the list’s members are more valuable than a year ago; Only one-fourth are poor.

Bernard Arnault of fashion and cosmetics giant LVMH tops the list with a net worth of US$233 billion, followed by Elon Musk with US$195 billion and Amazon’s Jeff Bezos with US$194 billion.

Facebook Founder Mark Zuckerberg is next on the list with a net worth of US$177 billion.

The US has a record 813 billionaires, followed by China with 473. India added 31 billionaires to this list compared to last year and now the number has reached 200.

“To calculate the net worth, we used stock prices and exchange rates from March 8, 2024,” Forbes said.

Other Indians in the list include IT pioneer and HCL co-founder Shiv Nadar at 39th position with a net worth of US$36.9 billion, Jindal Group’s Savitri Jindal and family at 46th position with a net worth of US$33.5 billion, Sun Pharma’s Dilip Shanghvi at the third position. Are in place. 69th with USD 26.7 billion, vaccine maker Cyrus Poonawalla ranked 90th with USD 21.3 billion, property trader

Kushal Pal Singh is ranked 92nd with USD 20.9 billion and commodity king Kumar Birla is ranked 98th with USD 19.7 billion.

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