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Top 100 richest people in the world: Some interesting facts

Top 100 richest people in the world

<ul><li><keyword id="1702989" type="PERSON" weightage="20" keywordseo="Byju-Raveendran">Byju Raveendran</keyword>’s net worth stood $1.91billion. </li><li>His fortune from 21% stake his namesake ed-tech startup — Byju’s. </li><li>The startup has been growing at a breakneck speed with its revenue climbing to ₹1,430 crore in FY19</li></ul>Byju Raveendran is the newest entrant into Forbes rich list of 2019. “There are six new faces this year, including Byju Raveendran, the 38-year-old founder of fast-rising edtech unicorn Byju’s,” <a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1">wrote</a> Naazneen Karmali from Forbes Asia. The other new faces include Manohar Lal and Madhusudan Agarwal of Haldirams, Rajesh Mehra of Jaquar, and Samprada Singh of Alkem Laboratories. <a href="http://www.forbesindia.com/lists/india-rich-list-2019/1807/all">Byju Raveendran’s net worth stood $1.91billion</a>. His fortune from 21% stake his namesake ed-tech startup — Byju’s. He recently joined<a href="https://www.bloomberg.com/news/articles/2018-12-17/india-s-byju-s-raises-540-million-in-naspers-backed-funding"> India’s billionaire club</a> — thanks to the latest round of $150 million funding from Qatar Investment Authority (QIA). The startup has been growing at a breakneck speed with its revenue climbing to ₹1,430 crore in FY19, <a href="https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/byjus-claims-to-have-tripled-its-revenues-to-rs-1430-crore-in-fy19/articleshow/69590594.cms">according to an Economic Times report.</a> Here's Byju Raveendran’s journey from a school teacher to becoming India’s youngest self-made billionaire: 
	
	
	
	<div type="Slideshow" msid="70550887" hostid="261" title="The remarkable journey of Byju Raveendran from a teacher to a billionaireThe remarkable journey of Byju Raveendran from a teacher to a billionaire" firstImageMsid="70551027" slideCount="6"></div>

Byju Raveendran is the newest face on the Forbes list of 100 richest Indians

In COVID-19 times, Amazon Founder and CEO Jeff Bezos has maintained his top slot as <keyword id="6636555" type="UNKNOWN" weightage="20" keywordseo="worlds-richest">worlds richest</keyword> man with a net worth of $113 billion, followed by Bill Gates at $98 billion, according to the latest <keyword id="6373044" type="COMPANY" weightage="20" keywordseo="forbes">Forbes</keyword> 34th annual worlds billionaires list. Bernard Arnault, Chairman and CEO of luxury magnate LVMH (LVMHF), moved up the list as the third-wealthiest person with $76 billion fortune. At $67.5 billion, Warren Buffett's fortune landed at fourth place. "A notable newcomer to the list is Bezos' ex-wife, MacKenzie Bezos, who lands at No 22 on the list with a total net worth of $36 billion," said Forbes. Amid the COVID-19 outbreak, some of the world's wealthiest are serving as agents of change and taking action to reinvent their businesses to aid in the global response to the coronavirus outbreak. Billionaires like Gates, Zoom CEO Eric Yuan, Arnault, Brian Chesky, CEO of Airbnb and others are donating towards the global health crisis. Oracle Founder and CTO Larry Ellison is at fifth position with a net worth of $59 billion. The total combined net worth of this year's billionaires is $8 trillion, down from $8.7 trillion in 2020. While 267 people dropped off this year's list, a record 1,062 individuals have seen a drop in their fortunes, owing to COVID-19 pandemic and its subsequent economic fallouts. There are 241 women on the 2020 list, including seven who share their fortunes with their husband, child or sibling. US President Donald Trump's net worth plunged $1 billion in less than a month, the report said. SEE ALSO: <a href="https://www.businessinsider.in/business/news/azim-premjis-generosity-crashed-the-wealth-of-indian-billionaires-by-16-billion/articleshow/75058443.cms" data-type="tilCustomLink">Azim Premji’s generosity crashed the wealth of Indian billionaires by $16 billion</a>

MacKenzie Bezos makes her debut on the Forbes billionaire list

The 1 percent club: In India, ₹1.4 cr can make the cut but in US you need 30x more

<ul><li>All the 100 richest people named by Forbes together are worth $452 billion. </li><li>However, his year’s total fortune of the 100 richest people is 8% more than last year.’ </li><li>Mukesh Ambani<a href="https://www.businessinsider.in/meet-the-ambanis-the-richest-family-in-asia-who-live-in-a-1-billion-skyscraper-and-mingle-with-royals-politicians-and-bollywood-stars/articleshow/67150327.cms"> remains the richest person in India</a> with a total net worth of $51.4 billion. </li></ul>The top 100 richest people in India together hold a fortune of $452 billion — that’s 16.58% of the country’s GDP. According to World Bank, India’s GDP was $2.76 trillion in 2018 and its per capita income is $1,670 per annum. Mukesh Ambani adds over $4 billion to his wealth According to the <keyword id="727662" type="ORGANIZATION" weightage="20" keywordseo="Forbes-India-Rich-List">Forbes India rich list</keyword> 2019, this year’s total fortune of the 100 richest people is 8% less than last year. Mukesh Ambani<a href="https://www.businessinsider.in/meet-the-ambanis-the-richest-family-in-asia-who-live-in-a-1-billion-skyscraper-and-mingle-with-royals-politicians-and-bollywood-stars/articleshow/67150327.cms"> is the richest person in India</a> with a total net worth of $51.4 billion. He added $4.1 billion after the success of Reliance’s flagship telecom business— Jio. The venture which started in 2016 <a href="https://www.businessinsider.in/reliance-jio-subscribers-cross-330-million-and-profits-jump/articleshow/70295851.cms">added over 330 million subscribers. </a> Ambani is followed by <a href="https://www.businessinsider.in/gautam-adanis-wealth-multiplied-nearly-3-times-in-the-last-four-years/articleshow/71304596.cms">Gautam Adani</a>, the promoter of Adani group, who<a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1"> jumped</a> from position 8 in 2018 to 2 this year. Hinduja brothers came in at the third position. Their networth has dropped from $19.5 billion in 2018 to $15.6 billion in 2019. Forbes placed Pallonji Mistry ($14.4), the owner of the 154-year-old Shapoorji Pallonji Group at fourth position. <a href="https://www.businessinsider.in/thelife/personalities/news/uday-kotak-richest-asia-banker-4x-growth-in-wealth-in-10-years/articleshow/71516598.cms">Uday Kotak,</a>who is among the three gainers on the list, took the fifth position. <a href="http://www.forbesindia.com/article/india-rich-list-2019/india-rich-list-2019-mukesh-ambani-dominates-adani-kotak-make-big-gains/55657/1">He added $4 billion to his wealth</a> thanks to a 39% increase in the value of his stake in Kotak Mahindra Bank. India’s per capita income is $148 a month A government report earlier stated that India’s per capita income is around <a href="https://timesofindia.indiatimes.com/business/india-business/indias-per-capita-income-rises-10-to-rs-10534-a-month-in-fy19/articleshow/69601770.cms">$148 (₹10,534) in FY 19</a>. This comes after a Credit Suisse report highlighted the inequality in wealth distribution in India. According to the 2018 report , 77.4% of India’s wealth is in the hands of 10% of its population.And, 1% of the richest of India control more than 51% of the country’s wealth. “While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, reflected in the fact that 91% of the adult population has wealth below $10,000. At the other extreme, a small fraction of the population (0.6% of adults) has a net worth over $100,000,” said Credit Suisse. Billionaires lost more than $1 billion because of economic slowdown Most of the people on the list have lost fortune except for Ambani, Adani and Kotak. The net worth of half the listees shrank because of the current economic slowdown. As many as 14 people on the list lost more than $1 billion, reported Forbes. However, the total wealth held by all the 100 people, is still more than India’s per capita income. See more: <a href="https://www.businessinsider.in/thelife/personalities/news/byju-raveendran-is-newest-and-youngest-face-on-the-forbes-list-of-100-richest-indians/articleshow/71537667.cms">Byju Raveendran is the newest face on the Forbes list of 100 richest Indians</a> <a href="https://www.businessinsider.in/thelife/personalities/news/savitri-jindal-kiran-mazumdar-shaw-and-leena-tiwari-the-only-three-women-on-forbes-list-of-100-richest-indians/articleshow/71538301.cms">Savitri Jindal, Kiran Mazumdar Shaw and Leena Tiwari — the only three women on Forbes list of 100 richest Indians</a> <h1 style="line-height:1.38;margin-top:20pt;margin-bottom:6pt;"><a href="https://www.businessinsider.in/thelife/personalities/news/uday-kotak-richest-asia-banker-4x-growth-in-wealth-in-10-years/articleshow/71516598.cms">Uday Kotak, Asia's richest banker, multiplied his wealth four times in a decade</a> </h1>

India's 100 wealthiest people together are worth $452 billion

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Top 100 richest people in the world: Some interesting facts

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