Mukesh Ambani is the ninth-richest businessman in the world according to Forbes’ list of billionaires, ranking first in Asia

On Tuesday, April 4, Forbes unveiled its 37th annual list of the richest people in the world. Mukesh Ambani, Chairman and Managing Director of Reliance Industries, is on this list for the second year in a row and is in the top ten. With a net worth of $83.4 billion in 2023, he was ranked ninth; in 2022, he held the tenth spot with a net worth of $90.7 billion.

The wealthiest person in Asia is Mukesh Ambani. This year’s list places Mukesh Ambani ahead of Michael Dell of Dell Technologies, Larry Page and Sergey Brin of Google, Mark Zuckerberg of Facebook, and Steve Ballmer of Microsoft. Bernard Arnault is ranked first on the list of the world’s richest people, followed by Elon Musk and Jeff Bezos.

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And at number 24 on this list is Gautam Adani, chairman of the Adani Group. On January 24, Adani was the third-richest person in the world. His net worth at the time was roughly $ 126 billion. Following the publication of a report by US short-seller Hindenburg Research, shares of their companies fell. With a current net worth of $47.2 billion, he ranks second among Indian billionaires after Mukesh Ambani.

Top 25 rich people’s net worth is $2.1 trillion.

The top 25 richest people in the world, according to the Forbes list, now have a combined net worth of $2.1 trillion, up from $2.3 trillion in 2022. In other words, the net worth of the top 25 richest people in the world has decreased by $200 billion this year.

The most affected was Jeff Bezos

As Amazon’s shares fell 38%, Jeff Bezos was the one who suffered the most. This decline resulted in a $57 billion decline in Bezos’ net worth. He was ranked second globally in terms of wealth in 2022 and is now ranked third this year.

The second biggest loser is Elon Musk

Elon Musk was the second-biggest loser of this year. After purchasing Twitter, he was no longer the world’s richest man. As a result of the decline in Tesla stock and selling shares to purchase Twitter, Musk’s net worth has decreased by $39 billion from a year ago. As a result, he has dropped from first to second place with a net worth of $180 billion.

There are now 169 billionaires in India.

This Forbes billionaires list includes 169 Indians in total. Their number was 166 the previous year. Despite the size of the number, their overall net worth has decreased by 10%. Compared to last year, their net worth has decreased from $750 billion to $675 billion. Most of this fall is Gautam Adani’s fault.

Number of Nadar following Ambani-Adani

With a net worth of $25.6 billion, Shiv Nadar is the third Indian on this list after Mukesh Ambani and Gautam Adani. Lakshmi Mittal is ranked fifth, and Cyrus Poonawalla is ranked fourth with a combined net worth of $22.6 billion. At positions six through ten, Savitri Jindal, Dilip Sanghvi, Radhakishan Damani, Kumar Mangalam Birla, and Uday Kotak are listed.

There are now 2,640 billionaires worldwide.

The total number of individuals on Forbes’ list of billionaires in 2017 was 2,668. This number has decreased to 2,640 as of 2023. With 735 billionaires, the United States continues to lead the world, according to Forbes. He has a $4.5 trillion net worth. With 562 billionaires, China (including Hong Kong and Macau) comes in second. Their entire group is worth $2 trillion.

India comes in third with 169 billionaires after this. Their combined wealth totals $675 billion. Forbes used stock prices and exchange rates as of March 10, 2023, to determine the net worth.