India has now become the country with the third highest number of billionaires with 169 billionaires. The total assets of these 169 billionaires are $675 billion. According to Forbes World’s Billionaires List 2023, this wealth is $ 75 billion less than in 2022. According to the list, Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), is India’s richest and 9th richest industrialist in the world with a net worth of $63.4 billion.
America’s number one position
Let us tell you that even today America is the country with the most billionaires in the world. The total assets of 735 industrialists in America is $ 4.5 trillion. China (including Hong Kong and Macau) ranks second with 562 billionaires and their net worth of $2 trillion, followed by India. However, almost half of all these billionaires own less wealth than they did a year ago.
Decrease in the wealth of industrialists in one year
Globally, the list counts 2,640 billionaires, down from 2,668 last year, and nearly half of them are now poorer than a year ago, thanks to falling stocks, hurt unicorns and rising interest rates. . In just a year, Elon Musk went from No. 1 to No. 2 after his costly acquisition of Twitter and sinking Tesla shares. Bernard Arnault, the head of luxury goods company LVMH, is the world’s richest person with a net worth of $211 billion, the first time a French national has led the list. Former New York City Mayor Michael Bloomberg is seventh on the list with a net worth of $84.5 billion. More than 1,000 billionaires are actually richer than last year, despite falling markets, rising inflation and war in Eastern Europe.
