The 59-year-old coal magnate’s net worth reached US$88.5 billion on Monday, eclipsing fellow countryman Ambani’s US$87.9 billion.
The biggest gainer was Elon Musk, who started the year with a net worth of US$156 billion and ended it with around US$277 billion. His closest competitor was fellow rocket-building billionaire Jeff Bezos.
The pandemic can be blamed for much of the hurt, with construction delays, homeowners returning from abroad, and an increased demand for space to work from home all reducing rental stock and pushing tenants into the market.
From Devraj Singh and Lalitya Kumari, to Ambalika Devi and the Gaekwad family, India’s super-rich royals are constantly squabbling about who owns what as their inherited wealth balloons ever higher.
Hong Kong was placed fifth in a list of 10 cities ranked by the density of ‘very’ rich people in their populations by the American wealth data provider.
The Chinese capital added 33 billionaires and now hosts 100, narrowly beating out New York, which added seven billionaires last year and currently hosts 99, according to the 2021 Forbes World’s Billionaires List.
Ultra Rich Match, Vows for Eternity, MatchMe and the like offer well-to-do Indians a leg-up in the country’s massive marriage market. Their services don’t come cheap, however.