Decline in wealth of top ten billionaires including Adani-Ambani

For the first time in the 36th list of the world’s richest billionaires by Forbes, the wealth of the top ten billionaires has declined for the first time since last year. Yet his wealth is the greatest. The Forbes list includes 7 billionaires from America, two from India and one from France. After America, India […]
 


Decline in wealth of top ten billionaires including Adani-Ambani

For the first time in the 36th list of the world’s richest billionaires by Forbes, the wealth of the top ten billionaires has declined for the first time since last year. Yet his wealth is the greatest.

The Forbes list includes 7 billionaires from America, two from India and one from France. After America, India is at number two in the top ten. The Corona pandemic and the Ukraine wars have reduced the number of billionaires around the world.

There are a total of 2,668 billionaires on this list, which is 87 fewer than last year. His net worth is ₹ 12.7 trillion, which is ₹ 40 trillion less than last year. Only 1,000 out of 2,668 whose wealth has increased in the past one year despite calamities. All other assets have been depreciated.

Russia’s economy has shrunk from 34 billionaires in response to Ukraine’s invasion, and China’s 87 billionaires have shrunk as the Chinese government collapsed.

Billionaires have 236 new names, with billionaires from Barbados, Bulgaria, Estonia and Uruguay making it to the list for the first time.

Elon Musk, the owner of companies like Tesla and SpaceX, topped the list for the first time with 23.71 billion. Elon Musk also tops the list with a net worth of 1.87 billion. Shares of his Tesla electric car company fell 12 percent after Elon Musk struck a deal to buy Twitter.

Second on the list is Bernard Arnold and the Family of France with a net worth of ₹13.46 billion. His company, which makes luxury items, wines and spirits, and a fashion house called Fluffs (Louis Vuitton Moet Hein) run a full-fledged business. However, his wealth has also declined by Rs 30,330 million.

At number three, Jeff Bezos of the United States has a net worth of ₹ 13.46 billion. He is the owner of the world’s number one e-marketing company. His fortune is reduced by 600 600 million.

Microsoft’s owner Bill Gates is at number four, whose net worth is 12,12.6 billion. His fortune has shrunk to ₹250 million.

Warren Buffett, owner of the world’s largest holding company, the fifth largest company Berkshire Hathaway has lost 200 million in assets. His net worth is now 11.35 billion.

At number six is ​​Gautam Adani of Bharat Adani Group of Companies, which has extensive business in infrastructure and commodities. His net worth is 11.22 billion. His fortune has declined by 1.16 billion.

The seventh-ranked Larry Ellison has a net worth of ₹9.92 billion. He runs a software company named Oracle Corporation. His fortune has shrunk to ₹220 million.

At number eight is Larry Page, a founding partner of Google’s parent company Alphabet, which has a net worth of 9.71 billion.

Ninth is Sergey Brin, another founding partner of Google’s parent company Alphabet, which has a net worth of ₹9.34 billion.

His fortune has declined by 2 220 million.

India’s Mukesh Ambani, who runs a variety of businesses in the name of Reliance, is in tenth place. His net worth is 9.310 billion. His fortune has declined by ₹5.5 billion.