✌Ruling the roost :Ambani worth tops $40.1Billion ;Amazon's Bezos unseats Gates to head global list

ajay03 (34)in #billionaires • 7 years ago

Mukesh Ambani's net worth has scored to $40.1 billion,making him the richest Indian for the 11th year in a row,while Amazon founder Jeff Bezos toppled Bill Gates as the world's wealthiest person, says Forbes.

According to Forbes '2018 'world's Billionaires' list, Reliance Industries Chairman Mukesh Ambani's wealth surged a whopping 72.8% to $40.1 billion - highest among 119 Indian billionaires on the list. Mr. Ambani was ranked 19th globally , up to the 33rd position in 2017.

Biggest one year gain

Mr. Bezos, referred to as the "centi -billionaire ",topped the list with the net worth of $112 billion , becoming the only person to appear in the Forbes list with a 12- figure fortune. "Shares of his e-commerce giant Amazon rose 59% in 12 months , helping boost his fortune by $39.2 billion. It was the biggest one year gain since Forbes started tracking billionaires in 1987," it said.

The Amazon founder moved ahead of Bill Gates , who is now second the richest person globally with a fortune of $90 billion .

India adds 18 billionaires

According to Forbes, India is home to 119 billionaires, 18 more than last year. This year's list consists of 2043 of the richest people in the world. The combined net worth of this elite group is a whopping $9.1 trillion, up 18% since last year. Their average net worth is a record of $4.1 billion.

Azim Premji is the second richest Indian and was ranked 58th on the overall list with a net worth of $18.8 billion, followed by Lakshmi Mittal (62nd position, net worth of $18.5 billion , Shiv Nadar (98th, net worth $14.6 billion ) and Dilip Shanghvi (115th , net worth of $12.8 billion ).