The world’s billionaires grew by 99 to 2,188 individuals, which is a new world record and which is 50% more than 2013.(Reuters File Photo)
The world’s billionaires grew by 99 to 2,188 individuals, which is a new world record and which is 50% more than 2013.(Reuters File Photo)

Mukesh Ambani richest Indian, net worth jumps 30% to $26 bn

Industrialist Mukesh Ambani remains India’s richest person with a sharp surge of 30% in his net worth to $26 billion, pushing his global rank to 21st on a worldwide rich list topped by Bill Gates.
By HT Correspondent | PTI, Beijing
UPDATED ON FEB 24, 2016 11:29 PM IST

Industrialist Mukesh Ambani remains India’s richest person with a sharp surge of 30% in his net worth to $26 billion, pushing his global rank to 21st on a worldwide rich list topped by Bill Gates.

The total number of billionaires from India has risen to 111, consolidating the country’s third position after China and the US, according to Hurun Global Rich List 2016, a ranking of the US dollar billionaires currently found in the world.

Bill Gates, retained the top spot with a fortune of $80 billion. “Gates has become the first person alive to have created a $100 billion fortune, having given away more than $20 billion to date,” the report said.

In the overall list, Gates was followed by Warren Buffett with a net worth of USD 68 billion further followed by Amancio Ortega with $64 billion net worth in the third place.

Jeff Bezos, with $50 billion and Carlos Slim Helu with $53 billion made it to the top five billionaires in the world.

The world’s billionaires grew by 99 to 2,188 individuals, which is a new world record and which is 50% more than 2013.

Meanwhile, India consolidated its position in the third place with 111 billionaires, 14 more than last year.

“The combined wealth of the Indian billionaires shot up by 16% to $308 billion and the average age was 64,” the report added.

Besides Ambani, the Indians who got featured in the coveted list include Dilip Shanghvi ranked 46th with a net worth of $18 billion, followed by Pallonji Mistry (rank 69, $13 billion), Shiv Nadar (rank 78, $12 billion), Cyrus S Poonawalla (rank 149, $8.1 billion), Uday Kotak (rank 152, $8 billion), Azim Premji (rank 155, $7.7 billion).

Sector-wise, manufacturing, pharma and tech were the sectors that minted most number of billionaires with 22, 20 and 15 super rich people, respectively.

In terms of cities, Mumbai was home to most of the Indian billionaires.

Wealth calculations are a snapshot of January 15, 2016.

SHARE THIS ARTICLE ON
app
Close
Plans towards FTA are expected to be formalised during the visit of Prime Minister Boris Johnson to India in the coming months.(Reuters)
Plans towards FTA are expected to be formalised during the visit of Prime Minister Boris Johnson to India in the coming months.(Reuters)

Enhanced trade partnership first step towards UK-India FTA, says UK minister

PTI, London
PUBLISHED ON JAN 26, 2021 02:36 PM IST
UK-India bilateral trade increased by over 11 per cent to nearly 24 billion pounds and the UK was the largest European market for India’s goods exports in the 2019-20 financial year.
Close
The previous all-time high price of petrol was <span class='webrupee'>₹</span>84 a litre on October 4, 2018.(REUTERS)
The previous all-time high price of petrol was 84 a litre on October 4, 2018.(REUTERS)

Petrol crosses 86-mark in Delhi, diesel above 83 per litre in Mumbai

By hindustantimes.com | Written by Susmita Pakrasi, New Delhi
PUBLISHED ON JAN 26, 2021 12:22 PM IST
The price data showed that diesel rate rose to 76.23 a litre in Delhi and to 83.03 per litre in Mumbai.
Close
In early Tuesday trade, the market capitalisation of BSE-listed companies was at <span class='webrupee'>₹</span>1,91,25,467.48 crore.(REUTERS)
In early Tuesday trade, the market capitalisation of BSE-listed companies was at 1,91,25,467.48 crore.(REUTERS)

India markets closed on Tuesday for holiday

Reuters
PUBLISHED ON JAN 26, 2021 07:33 AM IST
The NSE Nifty 50 index ended 0.93% lower at 14,238.9 on Monday, while the S&P BSE Sensex fell 1.09% to 48,347.59.
Close
US Dollar banknotes are seen in this photo illustration(Reuters File Photo )
US Dollar banknotes are seen in this photo illustration(Reuters File Photo )

Dollar firm as jittery markets look to Fed for catalysts

Reuters, Singapore
PUBLISHED ON JAN 26, 2021 06:56 AM IST
Bets the US dollar keeps falling, to extend a downtrend which began last March, hit an almost decade high last week, positioning data shows.
Close
The LNG Croatia FSRU liquid natural gas (LNG) storage vessel and import facility at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. The market for vessels carrying liquefied natural gas boomed last year as the world�s biggest trading houses and oil majors booked up ships to take advantage of the�winter demand boom�in fuel demand. Photographer: Petar Santini/Bloomberg(Bloomberg)
The LNG Croatia FSRU liquid natural gas (LNG) storage vessel and import facility at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. The market for vessels carrying liquefied natural gas boomed last year as the world�s biggest trading houses and oil majors booked up ships to take advantage of the�winter demand boom�in fuel demand. Photographer: Petar Santini/Bloomberg(Bloomberg)

Oil holds gain near $53 as tightening supply offsets virus woes

Bloomberg
PUBLISHED ON JAN 26, 2021 06:35 AM IST
Oil has surged almost 50% since the end of October but the rally has started to falter amid concerns about a sustained recovery in global fuel demand.
Close
Dr K Subba Reddy (HT Photo)
Dr K Subba Reddy (HT Photo)

Budget 2021: Telangana doctor says investments in healthcare must be boosted

By Srinivasa Rao Apparasu, Hindustan Times, Hyderabad
PUBLISHED ON JAN 26, 2021 02:49 AM IST
  • Medical staff in hospitals wore bulky personal protective equipment (PPE) for hours, leaving them dehydrated, exhausted and drenched in sweat.
Close
Construction workers travelling on a winter morning amid heavy fog, in Noida. (Sunil Ghosh / Hindustan Times)
Construction workers travelling on a winter morning amid heavy fog, in Noida. (Sunil Ghosh / Hindustan Times)

Have the labour markets recovered post-lockdown?

By Rosa Abraham , Amit Basole, New Delhi
UPDATED ON JAN 26, 2021 04:48 AM IST
  • Several high-frequency indicators such as the Nomura India Business Resumption Index (NIBRI), Purchasing Managers’ Indices (PMI) show a strong sequential recovery in the economy.
Close
Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer.(Reuters)
Rule 10 of Legal Metrology (Packaged Commodities) Rules, 2011, provides that e-commerce entities have to display details of the manufacturer.(Reuters)

CAIT alleges Amazon, Flipkart, Zomato and Swiggy of flouting rules

PTI, New Delhi
PUBLISHED ON JAN 25, 2021 06:19 PM IST
CAIT Secretary General alleged that similar obligations were imposed on e-commerce food business operators.
Close
Amazon has asked the High Court in New Delhi to enforce the decision of a Singapore arbitrator.(Reuters)
Amazon has asked the High Court in New Delhi to enforce the decision of a Singapore arbitrator.(Reuters)

Amazon tries to block Future's asset sale to Reliance after regulatory approval

Reuters, New Delhi
PUBLISHED ON JAN 25, 2021 05:52 PM IST
The Amazon filing also argued that Future should not rely on any regulatory approval it has received, in light of the arbitrator's injunction.
Close
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo(REUTERS)
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo(REUTERS)

Apple faces Italian suit over iPhones that wear out too quickly

Bloomberg
PUBLISHED ON JAN 25, 2021 04:40 PM IST
The lawsuit mirrors US cases over claims that the company misled consumers about iPhone battery power and software updates that slowed the performance of the devices.
Close
A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India.(Reuters)
A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India.(Reuters)

Rupee rises for 5th straight session, settles 3 paise higher at 72.94

PTI
PUBLISHED ON JAN 25, 2021 04:08 PM IST
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.10 per cent to 90.32.
Close
Finance Minister Nirmala Sitharaman will unveil the Budget 2021-22 on February 1.(PTI)
Finance Minister Nirmala Sitharaman will unveil the Budget 2021-22 on February 1.(PTI)

Government may tweak customs duties on host of goods in Budget 2021

PTI, New Delhi
PUBLISHED ON JAN 25, 2021 03:58 PM IST
Sources said that while import duties could be tweaked on over 20 products, the customs duties could be removed on select raw materials.
Close
Sensex settled the session at 48,347, down 531 points(PTI)
Sensex settled the session at 48,347, down 531 points(PTI)

Sensex tanks over 500 points, Nifty ends below 14,250

PTI, Mumbai
UPDATED ON JAN 25, 2021 08:28 PM IST
Over the last three sessions, the BSE Sensex has lost 1,444.53 points or 2.90 per cent and the NSE Nifty has shed 405.80 points or 2.77 per cent.
Close
The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of <span class='webrupee'>₹</span>1.10 lakh crore in revenue arising on account of the implementation of the GST.(PTI)
The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of 1.10 lakh crore in revenue arising on account of the implementation of the GST.(PTI)

FinMin releases weekly installment of 6,000 cr to meet GST shortfall

PTI, New Delhi
PUBLISHED ON JAN 25, 2021 03:06 PM IST
Till now, 70 per cent of the total estimated GST compensation shortfall has been released to the states and union territories (UTs) with legislative assembly.
Close
The least registration in the ESI scheme for both men and women in the formal sector came in the month of April 2020.(Representational photo)
The least registration in the ESI scheme for both men and women in the formal sector came in the month of April 2020.(Representational photo)

NSO releases employment outlook report

By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
PUBLISHED ON JAN 25, 2021 02:54 PM IST
In all the three schemes, the number of new registrations increased after June 2020.
Close
SHARE
Story Saved
OPEN APP