Mukesh Ambani, only Indian among world's top 10 billionaires on Hurun Global rich list

According to the Hurun Global Rich List, Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), is the only Indian to appear on the list of the top 10 billionaires in the globe.

The RIL CEO ranked ninth worldwide with a $82 billion net worth, according to the study created by research platform Hurun in collaboration with estate firm M3M. According to the Hurun Global Rich list, Mukesh Ambani saw a 20% decrease in wealth, however, retained the wealthiest Asian title for the third consecutive year.

Gautam Adani and family slipped to the 23rd position on the list this year. Cyrus Poonawal and Shiv Nadar & Family were at 46th and 50th positions, respectively, while Uday Kotak stood at 135th place.

India continues to be the third biggest producer of billionaires in the world, with 187 billionaires living there and 16 new additions; if billionaires of Indian descent are included, the number increases to 217.

The report also says that Gautam Adani lost Rs 3,000 crore every week over the last year with his wealth eroding as much as 60% post the U.S shortseller Hindenburg Research report.

The biggest losers who saw their wealth plummet by billions, according to the list, include Jeff Bezos, Elon Musk, Sergey Brin, Larry Page and MacKenzie Scott followed by Gautam Adani and Family and Mukesh Ambani.