CURRENT AFFAIRS

Detailed explanation-1: -Reliance chief Mukesh Ambani is at the 11th spot in the Bloomberg Billionaires Index with a net worth of USD 82.4 bn.

Detailed explanation-2: -As of September 2022, there were around 283 people with a net worth of more than ten billion Indian rupees living in the Indian city of Mumbai. It was followed by Delhi and Bengaluru with185 and 89 entries to the wealth list of the country respectively.

Detailed explanation-3: -They are Mukesh Ambani, Azim Premji, Shiv Nadar, and Lakshmi Mittal. In all, there were 106 Indians that made it into the Indian Richest Man 2023 list.

Detailed explanation-4: -Oxfam India’s latest report which was released on the opening day of the World Economic Forum in Davos, Switzerland reveals that the total number of billionaires in India increased from 102 in 2020 to 166 billionaires in 2022.