Among countries, India rises to 3rd spot with 177 billionaires
NEW DELHI, March 2: Reliance Industries (RIL) Chairman Mukesh Ambani is now the eighth richest person in the world with a fortune of $83 billion, according to the Hurun Global Rich List 2021.
Ambani’s wealth increased 24 per cent on a year-on-year basis on the back of a surge in the value of energy-to-telecom giant RIL.
“India’s largest exporter, Reliance accounts for 8 per cent of the country’s exports and 5 per cent of India’s total revenues from customs and excise duty. Reliance is planning a calculated shift to renewable energy and has decided to venture into the battery-making business ahead of the electric vehicle boom,” said the Hurun statement.
His rank in the previous Hurun Global Rich List was ninth. Among the countries, India rose to third spot with 177 billionaires, 40 more than last year.
The Hurun statement said that Mumbai is by far the billionaire capital with 61 billionaires in the city, followed by New Delhi with 40. The average age was 66. There are 32 more billionaires of Indian origin, living outside of India, led by LN Mittal of ArcelorMittal in London. – IANS