Falling Fortunes: India’s Richest Billionaires 2023 ForbesBillionaires
’ 2023 list of the World’s Billionaires–169 in all, up from 166 last year. But their combined wealth faced a reality check, dropping 10% to $675 billion–down from $750 billion on the 2022 list.
The majority of that decline comes from one high-profile saga: the stock rout of companies in the Adani Group, following a January report of fraud allegations by short-seller Hindenburg Research . The stock slide nearly halved the net worth ofto $47.2 billion, down from $90 billion last year. The infrastructure and commodities tycoon, who briefly became the world’s second richest person last September and was the world’s third richest person for most of January, slipped to No. 24 globally.
Though the fortunes of India’s other top ten richest didn’t shrink nearly as much as Adani’s did, the overall movement was downward. Except for pharma billionaire, whose fortune is unchanged since last year, the rest of the country’s top 10 have seen their wealth erode. Net worths for the 2023 list were calculated using stock prices and exchange rates from March 10, 2023.
takes the place of her husband Rakesh Jhunjhunwala, a maverick investor often known as India’s Warren Buffett, who died last August at age 62; is the daughter-in-law of late construction billionaire Pallonji Mistry, who died in June at age 93. He left his vast assets to his two sons, and the younger Cyrus , who died in a car crash a few weeks after his father passed away., who cofounded discount brokerage Zerodha with his older sibling. The Bangalore brothers are worth $1.1 billion and $2.
Twenty-three people from last year’s list didn’t make the cut this time, including metals magnate Anil Agarwal, who’s weighed down by debt, and payments pioneer Vijay Shekhar Sharma, whose One 97 Communications has seen its shares steadily fall since its IPO in late 2021 amid increasing competition for its Paytm payments app and prominent investors, such as SoftBank and Alibaba, paring their stakes.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
The Richest Woman In The World 2023The reign of Françoise Bettencourt Meyers continues. For the third year in a row, the French heiress retains the title of the richest woman in the world, with an estimated net worth of $80.5 billion, $5.7 billion more than last year. ForbesBillionaires
Leer más »
The Countries With The Most Billionaires And Their Richest Citizens 2023Russian oligarchs rebound while American moguls lose $200 billion. Here’s this year’s country-by-country breakdown of the world’s wealthiest people.
Leer más »
The 10 Richest Chinese Billionaires 2023China’s top billionaires include the founder of TikTok’s parent company, founders of leading e-commerce and technology companies–and the chairman of a tea and bottled water company. In a down year for many Chinese stocks, the top 10 are worth nearly as much as a year ago.
Leer más »
The World’s Richest Person 2023Sayonara, Elon Musk. There's a new richest person atop Forbes’ billionaires list.
Leer más »
The Richest Woman In The World 2023The reign of Françoise Bettencourt Meyers continues. For the third year in a row, the French heiress retains the title of the richest woman in the world, with an estimated net worth of $80.5 billion, $5.7 billion more than last year. ForbesBillionaires
Leer más »
The World’s Richest Female Billionaires 2023For the first time in three years, a self-made woman earns a spot among the top 10 richest female billionaires on 2023. ForbesBillionaires
Leer más »