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Mukesh Ambani again tops 90 Indian Billionaires, Bill Gates World's Richest

Mon, Mar 02, 2015, 08:45 PM
Washington, March 2 : Mukesh Ambani again tops 90 Indian billionaires, 28 of them newcomers, on Forbes' annual ranking as Bill Gates emerged as the world's richest person for the 16th time in the last 21 years.

With a current net worth of $79.2 billion, up from $76 billion in 2014, Gates for the second consecutive year beat out telecom mogul Carlos Slim Helu (No. 2), whose net worth increased to $77.1 billion from $72 billion last year, according the US magazine's annual ranking of the world's billionaires released Monday.

Warren Buffett (No. 3) moved up one slot, with a net worth of $72.7 billion, ahead of Spanish clothing retailer Amancio Ortega (No. 4), best known for the Zara fashion chain, who increased his net worth $500 million for a total of $64.5 billion.

Oracle's Larry Ellison (No. 5) remained in the fifth spot; his net worth increased to $54.3 billion.

Thanks to the tech boom and a strong dollar in the currency markets, the US led with the greatest number of billionaires, with 536, followed by China with 213, Germany with 103, India with 90 and Russia with 88.
Agency: IANS

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