India home to 101 billionaires, Mukesh Ambani tops list: Forbes

NEW YORK: India is home to world's fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new list released by Forbes magazine. The Forbes list of the 'World's Billionaires' 2017 consists of 2,043 of the richest people in the world who have a combined net worth of $7.67 trillion, a record 18-per cent increase over the past year. The list has been topped by Microsoft co-founder Bill Gates for the fourth year in a row. He has been the richest person in the world for 18 out of the past 23 years. Gates has a fortune of $86 billion, up from $75 billion last year, followed by Berkshire Hathaway chief Warren Buffet with a new worth of $75.6 billion. Amazon's Jeff Bezos added $27.6 billion to his fortune; now worth $72.8 billion, moving into the top three in the world for the first time, up from number five a year ago. US President Donald Trump is ranked 544th on the list with his net worth of $3.5 billion.