Last year there were 1,125 billionaires on Forbes’ list of the world’s billionaires. This year the list is down to 793 people. Forbes says it is the first time since 2003 that the world has had a net loss in the number of billionaires.
The richest in the world is Bill Gates. He lost $18 billion over the last 12 months, but still has a total net worth of $40 billion.
There are 24 Indians on the list; as many as 29 Indians have lost their billionaire status entirely.
Last year Anil Ambani was the biggest gainer and ranked at #6. This year, with an estimated wealth of $10.1 billion, he is down to #34, and is also the biggest loser: he lost $32 billion over the last 12 months.
His brother and Reliance Industries chairman Mukesh Ambani (#7) is the richest Indian with a total wealth of $ 19.5 billion. Last year his fortune was estimated at $43bn.
Steel baron Lakshmi Mittal at #8 lost $25.7 billion during the past year.
Click here for the complete list.
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