Mukesh Ambani has been named the richest man in India for the 12th year in a row. Photo: Reuters

Mukesh Ambani is getting richer, but half of India's 100 wealthiest billionaires are losing money

After increasing his fortune to US$52.7 billion, Mukesh Ambani has topped Forbes India’s 100 Richest People list for 12 consecutive years – while infrastructure and coal mining billionaire Gautam Adani leapt eight spots to second place

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Mukesh Ambani has been named the richest man in India for the 12th year in a row. Photo: Reuters
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