Microsoft co-founder Bill Gates has regained the title of the world's richest man in Forbes magazine's annual billionaire list that includes 56 India based billionaires led by Reliance Industries chairman Mukesh Ambani.
Gates is back at the top spot after a four-year hiatus, reclaiming the title of world's richest person from Mexican telecom mogul Carlos Slim Helu, who had ranked number 1 for the previous four years.
Gates, whose fortune rose by USD9 billion in the past year to USD76 billion, has held the top spot for 15 of the past 20 years.
"After years focused on his philanthropy, Gates plans to spend more of his time working with product managers at Microsoft as rivals like Google and Apple continue to outshine the company in the market," Forbes said.
With a networth of USD18.6 billion, Reliance Industries Ltd (RIL) chief Mukesh Ambani leads the pack of 56 billionaires based in India featured on the list.
His younger brother Anil Ambani is ranked 281st on the list with a net worth of USD5 billion.
However, Forbes said the richest Indian person has seen "precipitous decline" in his fortune since 2008 when his networth was USD43 billion and he when was the world's fifth richest person.
"Regardless he remains India's richest person and is still bullish; says he plans to invest USD25 billion in his businesses over the next 2 years," Forbes said.
The magazine also referred to accusations of wrongdoing made against Reliance by Aam Admi Party founder Arvind Kejriwal, who had recently alleged that Ambani is "running the government".
The other Indian billionaires in the list are ArcelorMittal Chairman and CEO Lakshmi Mittal who is ranked 52nd with a networth of USD16.7 billion, Wipro Chairman Azim Premji ranked 61st with USD15.3 billion, founder of Sun Pharma Dilip Shanghvi ranked 82nd with USD12.8 billion, HCL co-founder Shiv Nadar is ranked 102nd and has a net worth of USD11.1 billion. Hinduja brothers came in at the 122nd with USD10 billion.
Birla group chief Kumar Birla is ranked 191st and has a networth of USD7 billion, Forbes said the ranks of the world's billionaires continued to scale new heights and stretched to new corners of the world.
The list has 1,645 billionaires with an aggregate net worth of USD6.4 trillion, up from USD5.4 trillion a year ago. The list features a record 268 new ten-figure fortunes, including 42 new women billionaires.
In total, there are 172 women on the list, more than ever before and up from 138 last year.
The year's biggest dollar gainer was Facebook's Mark Zuckerberg, whose fortune jumped USD15.2 billion, to USD28.5 billion, as shares of his company soared.
Reliance stock price
On March 04, 2014, at 11:14 hrs Reliance Industries was quoting at Rs 806.30, up Rs 2.80, or 0.35 percent. The 52-week high of the share was Rs 927.90 and the 52-week low was Rs 765.00.
The company's trailing 12-month (TTM) EPS was at Rs 67.89 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 11.88. The latest book value of the company is Rs 556.94 per share. At current value, the price-to-book value of the company is 1.45.
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