Reliance Industries (RIL) chairman and Asia’s richest man Mukesh Ambani has become the only Indian among the world’s top 10 billionaires, according to the Hurun Global Rich List released on Wednesday.
Despite a 20 per cent decline in wealth, the RIL boss ranked ninth globally with assets of $82 billion, according to a report compiled by research platform Hurun titled ‘The 2023 M3M Hurun Global Rich List’ titled ‘The 2023 M3M Hurun Global Rich List’.
The billionaire has also retained the title of Asia’s richest man for the third time in a row. The RIL chief celebrated 20 years at the helm of Reliance, during which the company saw a 17-fold increase in revenue and a 20-fold increase in profits.
Ambani is the first among Indian billionaires, followed by Gautam Adani with a net worth of $53 billion. Cyrus Poonawalla ranked third place with a net worth of $28 billion. Shiv Nadar and his family have placed fourth rank with $27 billion and Lakshmi Mittal is fifth with $20 billion.
The report also showed that Adani lost assets of $28 billion or ₹3,000 crore in January 2022-2023 following the explosive Hindenburg Research report.
