(Last Updated On: March 8, 2017)

India’s Richie rich club has contracted by 11 individuals since demonetisation last November, while Mukesh Ambani remains the wealthiest Indian with total assets of $26 billion, a review appeared on Tuesday.

The nation now has 132 very rich people with total assets of $1 at least billion and the aggregate abundance of ultra-rich people remained at $392 billion, as indicated by Hurun Global Rich List India. In spite of the fact that there has been a fall in number of extremely rich people in the nation since demonetisation, the total aggregate abundance of the ultra-rich individuals has expanded by 16% over a year ago, the report said.

In the rundown of main 10 wealthiest individuals Ambani is trailed by the SP Hinduja and family, at the second position with total assets of $14 billion, trailed by Dilip Shanghvi, at the third position with an abundance of $14 billion. Others in the main 10 extremely rich people incorporate, Pallonji Mistry at the fourth place at $12 billion, Lakshmi N Mittal (fifth, $12 billion), Shiv Nadar (sixth, $12 billion), Cyrus Poonawalla (seventh, $11 billion), Azim Premji (eighth, $9.7 billion), Uday Kotak (ninth, $7.2 billion) and David Reuben and Simon Reuben at the tenth place with $ 6.7 billion.

As per the report, since demonetisation on 8 November, India lost 11 very rich people. “India had an intense year on account of troublesome government approaches, for example, demonetisation drive. In any case, on a long haul point of view, we do trust that such straightforward money financial matters will have a positive effect for the business visionaries,” Hurun Report India Managing Director and Chief Researcher Anas Rahman Junaid said.

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