India : The Bloomberg Billionaires Index, a comprehensive daily ranking of the world’s 500 wealthiest individuals, has unveiled notable shifts among its elite. Elon Musk continues to reign as the richest person globally, with a staggering net worth of 263 billion USD, boosted by a remarkable increase of 6.73 billion. In a significant development, Mark Zuckerberg has surpassed Jeff Bezos to claim the second position, now valued at 211 billion USD after a rise of 4.51 billion.
Yusuff Ali M.A, Abu Dhabi based Chairman of LuLu Group is the only Indian businessman in the GCC to find a place in the list. Ranked 483rd globally, Yusuffali’s net worth is US$ 6.45 billion.*
Index reveals that a significant portion of the world’s wealth is contributed among just a few nations. In total, 59 billionaires hail from three countries such as the United States, India, and China. The United States leads the pack with 35 billionaires, showcasing its dominance in the global economy. India and China follow closely, with 12 billionaires each to the list.
Four prominent GCC citizens are also ranked in the billionaire list. Among them Alwaleed Bin Talal from Saudi Arabia and globally ranked 123st place with $17.4B is ranked top among GCC. This was followed by Sulaiman Al Habib, also from Saudi Arabia with $11.7B, Abdullah Al Ghurair from UAE with $9.28B, and Mohammed Al Amoudi from Saudi Arabia $9.22B.*
