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Ambani is India's richest man for 12th year in a row; Adani ranks 2nd
Updated On: 12 October, 2019 09:02 AM IST | New Delhi | mid-day online correspondent
For the 12th year in a row, Mukesh Ambani has bagged the top spot in the Forbes India Rich List 2019 with a net worth of $51.4 billion. Infrastructure tycoon Gautam Adani jumped eight spots to come a distant second with a net worth of $15.7 billion

Mukesh Ambani and his wife Nita Ambani pose for the shutterbugs at an event. Pic courtesy/AFP
New Delhi: For the 12th year in a row, Mukesh Ambani has bagged the top spot in the Forbes India Rich List 2019 with a net worth of USD 51.4 billion. Infrastructure tycoon Gautam Adani jumped eight spots to come a distant second with a net worth of USD 15.7 billion. Azim Premji, who was second on the list last year, dropped to No. 17 after giving away a chunk of his wealth to charity.
Due to the economic slowdown, the total wealth of all the people on the list saw a decline of 8 per cent. "In all, 14 were poorer by USD 1 billion or more, and nine members from last year’s ranks dropped off," Forbes said in its report.
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