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Reliance Industries Chairman and Managing Director Mukesh Ambani has been ranked 19th on Bloomberg Billionaires Top 100 Index as he becomes the third richest Asian on the list. With a net worth of approximately $38.3 billion, Ambani’s wealth is pegged at about over 1.5 percent of India’s GDP.
Apart from Ambani, four other Indians who have made it to the list include ArcelorMittal CEO Lakshmi Mittal (51), Shapoorji Pallonji Group Chairman Pallonji Mistry (61), Wipro Chairman Azim Premji (66), and HCL Chairman Shiv Nadar (85).
Overall, there are 24 Indians on Bloomberg Billionaires top 500 Index, which was released on April 2.
Although Ambani’s wealth has grown by $9.3 billion as compared to the same period last year, it declined by $2.3 billion year-to-date.
While Amazon CEO Jeff Bezos has added $21.8 billion to his fortunes this year and takes the top spot, Microsoft founder Bill Gates was ranked 2nd as his wealth declined by $1.36 billion year-to-date.
Apart from Americans, the only 2 Europeans who made the top-10 include Zara founder Amancio Ortega and luxury brand LVMH CEO Bernard Arnault of France.
From Asia, Alibaba co-founder Jack Ma (ranked 13th) is the richest with a net worth of $47.2 billion and is followed by Tencent co-founder and CEO Pony Ma (17) with a $41.1 billion net worth.
(Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd and publishes Moneycontrol.com)
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