Mukesh Ambani is the 9th richest businessman in the world

Mukesh Ambani is the 9th richest businessman in the world: number one in Asia, Forbes released the list of billionaires of the world

Apr 5, 2023 - 13:47
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Mukesh Ambani is the 9th richest businessman in the world

Forbes released its 37th annual list of the world's billionaires on Tuesday, April 4. In this list, Mukesh Ambani, Chairman and Managing Director of Reliance Industries, has made it to the top 10 for the second consecutive year. He ranked 9th in 2023 with a net worth of $83.4 billion, while in 2022 he was in the 10th position with a net worth of $90.7 billion.
Mukesh is the richest person in Asia. In the list this year, Mukesh Ambani is above Microsoft's Steve Ballmer, Google's Larry Page and Sergey Brin, Facebook's Mark Zuckerberg and Dell Technologies' Michael Dell. In the list of the world's richest people, Bernard Arnault is at number one, Elon Musk at second and Jeff Bezos at number three.
And in this list, Gautam Adani, chairman of Adani Group, is at number 24. Adani was the third richest person in the world on 24 January. Then his net worth was about $ 126 billion. Shares of their companies declined following a report released by US short-seller Hindenburg Research. His total net worth now is $47.2 billion and he is the second richest Indian after Ambani.
According to the Forbes list, the world's 25 richest people have a combined net worth of $2.1 trillion, up from $2.3 trillion in 2022. That is, this year the total net worth of the world's 25 richest people has declined by $200 billion.
Jeff Bezos has suffered the most as Amazon shares plunged 38%. This decline reduced Bezos's net worth by $57 billion. In 2022, he was second in the world on the list of rich and has reached number 3 this year.
The second big loser of this year was Elon Musk. He lost his title of the richest person in the world after buying Twitter. Musk's net worth has declined by $39 billion from a year ago due to a drop in Tesla shares and selling shares to buy Twitter. Due to this, he has slipped from number one to number two with a net worth of $180 billion.
A total of 169 Indians are named in this list of Forbes billionaires. Last year their number was 166. The number may be large but their total net worth has registered a decline of 10%. Their net worth has come down from $750 billion to $675 billion as compared to last year. Gautam Adani is responsible for most of this fall.
Shiv Nadar is the third Indian on this list after Mukesh Ambani and Gautam Adani with a net worth of $25.6 billion. Cyrus Poonawalla is at number 4 and Lakshmi Mittal is at number 5 with a net worth of $22.6 billion. Savitri Jindal at number 6, Dilip Sanghvi at number 7, Radhakishan Damani at number 8, Kumar Mangalam Birla at number 9 and Uday Kotak at number 10.
A total of 2,668 people were included in Forbes' list of billionaires last year. In 2023, this number has come down to 2,640. According to Forbes, the United States still has the highest number of billionaires at 735. His net worth is $4.5 trillion. China (including Hong Kong and Macau) is in second place with 562 billionaires. Their collective net worth is $2 trillion.
After this, India is at number three with 169 billionaires. Their collective net worth is $675 billion. To calculate the net worth, Forbes used stock prices and exchange rates from March 10, 2023.

Muskan Kumawat Journalist & Writer
Electronics Special
Electronics Special