After the loss of life of Rakesh Jhujhunwala, termed as ‘India’s Warren Buffett’, Rekha Jhunjhunwala inherited his inventory portfolio.
Indian billionaires have added practically 360 billion {dollars} to their cumulative wealth up to now 5 years
While the variety of billionaires fell eight per cent globally, India added 16 billionaires and has been ranked third globally with Rekha Rakesh Jhunjhunwala and household topping the listing, based on the 2023 M3M Hurun Global Rich List.
After the loss of life of Rakesh Jhujhunwala, termed as ‘India’s Warren Buffett’, Rekha Jhunjhunwala inherited his inventory portfolio.
According to the 2023 M3M Hurun Global Rich List, 176 new faces had been added globally to the listing from 18 industries and 99 cities the world over.
Indian billionaires have added practically 360 billion {dollars} to their cumulative wealth up to now 5 years. The 360 billion greenback determine is equal to Hong Kong’s GDP, based on the listing.
Globally, the entire variety of billionaires fell from 3,384 final yr in 2o22 to three,112 billionaires in 2023. These billionaires are from 69 nations and personal 2,356 firms cumulatively.
According to the M3M Hurun Global Rich List, the proportion of immigrant billionaires has halved up to now 5 years — from 23 per cent in 2018 to 14 per cent in 2023.
