In the latest edition of Forbes India Rich List, Mukesh Ambani grabs the top slot once again with a net worth of $ 92 billion. Adani lost the first position after his wealth plummeted to $68 billion from $82 billion last year, apparently due to the Hindenburg report, which had accused the conglomerate of financial malpractices and stock.
As per the report, the top 100 richest people collectively own $ 799 billion wealth.For Ambani, the listing of Jio Financial Services and the appointment of his children to Reliance Board as non-executive directors worked well.
The third and fourth slots belong to Shiv Nadar with a worth of 29.3 billion and Savitri Jindal with $24 billion, respectively.
Three new entrants made appearance in the Forbes list this year -Renuka Jagtiani of Landmark Group with a worth of $4.8 million is 44th, Dani family of Asian Paints with $8 billion is 22nd and garment exporter K.P. Ramasamy worth $2.3 billion is 100th. Inder Jaisinghani's Polycabs gained from increasing electrification in the country and managed 32nd slot. He is the biggest gainer percentage wise this year.
Report by Mansi Sharma
Graphics by Devika Mandaar
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