According to the report, the number of dollar-billionaire promoters in India (those with a net worth of $1 billion, or around Rs 8,241 crore) has fallen to ______.

Solution

The number of dollar-billionaire promoters in India (those with a net worth of $1 billion, or around Rs 8,241 crore) has fallen to 120 from an all-time high of 142 at the end of 2021. Also, the billionaire promoters’ combined wealth is down 8.8 per cent to around $685 billion (Rs 56.5 trillion) from $751.6 billion (Rs 56.62 trillion) a year ago. Gautam Adani has toppled Mukesh Ambani ,CMD of Reliance Industries, to become India’s richest person in the calendar year 2022. Adani’s net worth stands at $135.7 billion, up 69.6 percent from $80 billion at the end of 2021.