Demonetization No Bar: Mukesh Ambani Still Retains His Spot As The India’s Wealthiest Person For Now 10 Years in A Row!

CEO of Reliance Industries Mukesh Ambani has retained and emerged as India’s wealthiest for the 10th straight year as his net worth now accumulates to a massive USD 38 billion (approximately Rs 2.5 lakh crore).

Mukesh Ambani has been the richest Indian man since last 10 years and his occupancy had been speculated lately in a cynic foreground because of recent global economic hiccups.

However, it seemed that speculations were just theoretical as there has been a 25% rise in Ambani’s net gross from the last year if the end data is to be considered.

Later names which follow are Savitri Jindal and family who ranked the highest at the 16th place on the coveted list of richie-rich women with a net worth of USD 7.5 billion. Patanjali Ayurved’s Acharya Balkrishna, known as a close associate of yoga guru Ramdev, made a big jump from 48th place last year to 19th now with a net worth of USD 6.55 billion (about Rs 43,000 crore).

Patanjali Ayurved’s Acharya Balkrishna, known as a close associate of yoga guru Ramdev, made a big jump from 48th place last year to 19th now with a net worth of USD 6.55 billion (about Rs 43,000 crore).

Wipro’s Azim Premji was the distant second with a net worth of USD 19 billion, moving up two places from last year, while Sun Pharma’s Dilip Shanghvi slipped from his earlier second place to the ninth now (USD 12.1 billion) on Forbes magazine’s annual ‘India Rich List 2017’.

Regarding the retention Forbes said:

Prime Minister Narendra Modi’s “economic experiments” barely affected India’s billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year’s wealth to become one of Asia’s top five richest.

However , Mukesh’s youngher sibling and business giant Anil Ambani ranked much lower at 45th place with USD 3.15 billion. He was ranked 32nd in 2016 with a net worth of USD 3.4 billion.

*Image Source: Forbes India