Mukesh Ambani, the chairman of Reliance Industries, is the world's 10th richest person, followed by Gautam Adani and his family, the 11th richest family on Forbes' annual billionaires list. Elon Musk, the CEO of SpaceX and Tesla, has dethroned Amazon founder Jeff Bezos from the top slot this year.
In the 36th annual ranking of the world's wealthiest people, there are 2,668 billionaires, 87 fewer than a year ago. According to the business publication, the ultra-rich have been hammered by "war, epidemic, and slow markets." 1,000 billionaires, on the other hand, are now wealthier than they were a year ago.
There are 236 new billionaires on the list, with America leading the way with 735 billionaires worth a total of $4.7 trillion.
The number of billionaires in Russia and China has dropped dramatically. According to Forbes, Russia has 34 fewer billionaires than last year as a result of Vladimir Putin's invasion of Ukraine, and China has 87 less billionaires as a result of a government assault on internet enterprises.
On the approach, the business journal stated, "We used stock prices and exchange rates from March 11, 2022 to compute net worths."