Forbes magazine announced its annual list of the world's richest people. While Microsoft co-founder Bill Gates returned to the top position as the world's richest, Mukesh Ambani retained his position as India's richest individual. Here's a look at the top 10 Indian billionaires.
#1 Mukesh Ambani
Global Rank: #40 in 2014; down from #22 in 2013
Net Worth: $18.6 Billion
The Chairman of Reliance Industries remains the richest person in India. In 2008, he was ranked as the world's fifth-richest person, having a net worth of $43 billion. Since then, Ambani has witnessed a steady decline in his wealth, with a drop of $2.9 billion in the last year alone. Reliance Industries recently courted controversy over the pricing of gas from its KG-D6 offshore oilfield. Mukesh Ambani has also forayed into the telecom sector with Reliance Jio Infocomm to roll out 4G services.
Image Courtesy: Reuters