At $40bn, Mukesh Ambani richest among 121 billionaires in India

Egyptian Nassef Sawiris tops the list with an estimated net worth of $6.6 billion

Egyptian Nassef Sawiris tops the list with an estimated net worth of $6.6 billion

MUKESH AMBANI'S net worth has soared to United States dollars 40.1 Billion, making him the richest Indian for the 11th yr in a row, while Amazon founder Jeff Bezos, with a record fortune of $122 billion, toppled Bill Gates as the world's wealthiest person, says Forbes.

RIYADH (Reuters) - Forbes magazine said on Thursday it was excluding all Saudi Arabian tycoons from its annual list of the world's richest people after dozens of top businessmen from the oil-rich kingdom were detained in a crackdown on corruption past year. She was ranked 18th on the global list.

"Mukesh Ambani chairs and runs $51 billion [revenue] oil and gas giant Reliance Industries, among India's most valuable companies", Forbes said.

Other Macau notables on this year's list include gambling magnate Lui Che Woo, who climbed 59 places to come in at joint 50th with a net worth of $5.3 billion.

His wealth increased by $39.2 billion in previous year, as share prices of Amazon zoomed by 39% in the same period.

Microsoft founder Bill Gates ranked second with $90 billion, followed by Warren Buffett with $84 billion, French businessman Bernard Arnault with $72 billion, and Facebook CEO Marc Zuckerberg with $71 billion.

The combined net worth of this elite group is a whopping $9.1 trillion, up 18% since past year.

Mueller reportedly aware of Trump contacts with key witnesses
McGahn II, should issue a statement denying a New York Times article in January", the Times reported, somewhat ironically. Both men were present for critical events that have contributed to Mueller's obstruction-of-justice case against Trump .

Mr Gates has headed the list for 18 of the past 24 years.

This year's list consists of 2,043 of the richest people in the world.

Bezos seized the top ranking for the first time and has the added the distinction of becoming the first person to break the $100 billion barrier since Forbes began compiling its list in 1987.

A record 2,208 billionaires feature on the magazine's 32nd annual ranking of the world's billionaires. In 2017, Trump's net worth was calculated by Forbes to be $3.5 billion, some $1 billion less than it had been on the 2016 Billionaires List.

Unlike Trump, the majority of Bezos's fortune takes form in stock held in Amazon.

The elite group is worth over $11 trillion.

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