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India's richest are getting poorer, according to Forbes, as falling stock prices, corruption scandals in Asia's third-largest economy and a global slowdown wiped 20 percent off the total value of the country's 100 wealthiest in the last year.
Mukesh Ambani, head of Reliance Industries, India's most valuable company, retained the top spot with a value of $22.6 billion, despite seeing his net worth drop by $4.4 billion.
In the same period, Ambani completed construction of a 27-storey house in Mumbai, costing an estimated $1 billion.
Image: Sify cartoonist Satish Acharya's take on the poverty view from Mukesh Ambani's home
Text: Agencies