India is ranked third after the United States and China when it comes to the number of billionaires, according to the Forbes report of richest individuals.
India is ranked third after the United States and China when it comes to the number of billionaires, according to the Forbes report of richest individuals.
The list shows India with 121 billionaires, 19 more than last year, with Mukesh Ambani topping the list with assets of $40.1 billion.
He moved up to the 19th global rank on the list of 2,208 billionaires worldwide compiled by Forbes. In 2017, he ranked 33rd with $23.2 billion.
The US has 585 billionaires and China 373 this year on the Forbes tally, which it calls "The Three Comma Club" for the punctuation used in writing out fully the billion in numbers.
In 2017, there were 102 Indians on the list.
Paytm founder Vijay Shekhar Sharma, 39, is the youngest Indian billionaire, while 92-year-old Samprada Singh, chairman emeritus of Alkem Laboratories, is the oldest, according to Forbes.
Sharma, ranked 1,394th on the list with a fortune of USD 1.7 billion, is the only Indian billionaire in the under-40 league.
Sharma founded fast-rising mobile wallet Paytm in 2011. He has also created Paytm Mall, an e-commerce business business and Paytm Payments Bank.
"One of the biggest beneficiaries of India's demonetisation, Paytm has notched up 250 million registered users and 7 million transactions daily. Sharma owns 16 per cent of Paytm, which is now valued at USD 9.4 billion," Forbes said.
Amazon founder Jeff Bezos is the world's richest man with assets valued at $112 billion, overtaking Microsoft co-founder Bill Gates whose fortunes are valued at $90 billion and investor Warren Buffet with $84 billion.
In 2017, Gates ranked first globally with $86 billion, Buffet second with $75.6 billion and Bezos third with $72.8 billion.
Bezos, who also owns The Washington Post newspaper, is the first person to cross the $100 billion mark in assets, Forbes said. His fortunes rose by $39.2 billion over the past year, which Forbes said is the list's biggest one-year jump ever.
Gates, who heads the world's biggest philanthropic organisation, the Bill and Melinda Gates Foundation, has donated a lot of his assets to charities.
Here is the list
1 Mukesh Ambani
2 Azim Premji
3 Hinduja Family
4 Lakshmi Mittal
5 Pallonji Mistry
6 Godrej Family
7 Shiv Nadar
8 Kumarmanglam Birla
9 Dilip Shanghvi
10 Gautam Adani
11 Uday Kotak
12 Radhakishan Damani
13 Cyrus Poonawalla
14 Sunil Mittal
15 Bajaj Family
16 Savitri Jindal
17 Vikram Lal
18 Benu Gopal Bangur
19 Acharya Balkrishna
20 Burman Family
21 Subhash Chandra
22 Pankaj Patel
23 Vivek Chand Sehgal
24 Kushal Pal Singh
25 Nusli Wadia
26 Ajay Piramal
27 MA Yusuff Ali
28 Madhukar Parekh
29 Kalanithi Maran
30 Pawan Munjal
31 Kapil and Rahul Bhatia
32 Micky Jagtiani
32 Harsh Mariwala
34 BR Shetty
35 Ravi Pillai
36 Mangal Prabhat Lodha
37 Kuldip Singh & Gurbachan Singh Dhingra
38 Karsanbhai Patel
39 Ashwin Dani
40 Gupta Family
41 Shashi and Ravi Ruia
42 Sudhir and Samir Mehta
43 Samprada Singh
44 Anil Agarwal
45 Anil Ambani
46 P.V. Ramprasad Reddy
47 Baba Kalyani
48 Vinod & Anil Rai Gupta
49 Sameer Gehlaut
50 Hasmukh Chudgar
51 Jain family
52 Ashwin Choksi
53 Rajan Raheja
54 Rakesh Jhunjhunwala
55 Kishore Biyani
56 Abhay Vakil
57 Chandru Raheja
58 MG George Muthoot
59 Abhay Firodia
60 Yusuf Hamied
61 Rajesh Mehta
62 Vijay Chauhan
63 Amalgamations family
64 Jai Hari & Yadu Hari Dalmia
65 Sunny Varkey
66 Murugappa Family
67 Rajendra Agarwal
68 Harsh Goenka
69 Sunil Vaswani
70 Jitendra Virwani
71 Leena Tewari
72 Kiran Mazumdar-Shaw
73 Sanjiv Goenka
74 Lachman Das Mittal
75 Murli Dhar & Bimal Kumar Gyanchandani
76 Mofatraj Munot
77 Murali Divi
78 Ramesh Juneja
79 Anurag Jain
80 Ranjan Pai
81 Vikas Oberoi
82 Ravi Jaipuria
83 Salil Singhal
84 N Narayana Murthy
85 Nirav Modi
86 Rajju Shroff
87 Sunder Genomal
88 Dinesh Nandwana
89 Nandan Nilekani
90 Radhe Shyam Agarwal
90 Radhe Shyam Goenka
92 Senapathy Gopalakrishnan
93 Satish Mehta
94 Shamsheer Vayalil
95 Shyam and Hari Bhartia
96 Anand Mahindra
97 Reddy Family
98 Arvind Poddar
99 Vijay Shekhar Sharma
100 Rana Kapoor
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