India Ranks Third in List of Countries with the Most Billionaires

The number of billionaires worldwide continues to grow each year due to investment-friendly economic systems. Many wealthy individuals, such as Elon Musk and Jeff Bezos, have expanded their fortunes through strategic business acumen. In this context, Forbes has released its latest list of countries with the highest number of billionaires. India has secured the third position in this ranking.

The United States holds the top spot, with 813 billionaires, followed by China in second place with 406 billionaires. India ranks third, with a total of 200 billionaires. Compared to the previous year, India has gained 31 new billionaires. The collective wealth of Indian billionaires amounts to $954 billion.

Mukesh Ambani remains India's wealthiest individual, with a net worth of $116 billion.