Mukesh Ambani drops out of Forbes Billionaires List 2025Top Stories

April 02, 2025 21:12
Mukesh Ambani drops out of Forbes Billionaires List 2025

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Mukesh Ambani, the Chairman of Reliance Group, has lost his place in the top 10 of Forbes' World's Billionaires List for 2025. His financial standing has decreased to $92.5 billion, a notable decline from last year's $116 billion, while numerous other wealthy individuals have experienced substantial gains in their fortunes over the past year. The updated list for 2025 reveals that there are 3,028 billionaires globally, marking an increase of 247 since the previous year. The total wealth held by these billionaires is now $16.1 trillion, which is nearly $2 trillion higher compared to 2024. The United States holds the highest number of billionaires at 902, followed by China, including Hong Kong, with 516, and India with 205. These rankings were determined using stock market data and exchange rates as of March 7, 2025. After being in the top 10 last year, Ambani has now secured the 18th position with a net worth of $92.5 billion.

The next Indian billionaire listed is Gautam Adani, chairman of the Adani Group, positioned at 28th globally with a net worth of $56.3 billion. Savitri Jindal, recognized as India's wealthiest woman, occupies the 56th position on the list. The head of OP Jindal Group has a net worth of $35.5 billion, ranking her as the sixth-richest woman worldwide. Elon Musk has regained his status as the richest individual globally, with an estimated net worth of $342 billion, surpassing Bernard Arnault of LVMH, who has now fallen to fifth place, marking his lowest position since 2017. Mark Zuckerberg of Meta has ascended to second place for the first time, with a wealth of $216 billion, now ahead of Amazon founder Jeff Bezos, who is in third place, and Larry Ellison of Oracle, holding the fourth position.

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