Mukesh Ambani rejoins the $100 billion club; Top 5 richest people in the world

Indian tycoon Mukesh Ambani has once again joined the $100 billion club, with his wealth climbing by nearly $20 billion since March, according to Bloomberg data cited by Moneycontrol. This surge in wealth places him 16th on Bloomberg’s Billionaires Index and 14th on Forbes' real-time list with an estimated net worth of $106.5 billion.

Ambani, Chairman of Reliance Industries, benefited from the sharp rally in Indian equities since mid-March, which boosted the fortunes of several Indian billionaires. However, no Indian figure has yet cracked the global top 10.

Here’s a look at the Top 5 Richest People in the World as per the Bloomberg Billionaires Index:

Elon Musk

CEO of Tesla, SpaceX, and owner of X (formerly Twitter)

Net Worth: $335 billion (Bloomberg), $392.1 billion (Forbes)

Jeff Bezos

Founder of Amazon

Net Worth: $209 billion (Bloomberg), $204.3 billion (Forbes)

Mark Zuckerberg

Co-founder and CEO of Meta Platforms (Facebook, Instagram)

Net Worth: $195 billion (Bloomberg), $191.9 billion (Forbes)

Warren Buffett

Chairman and major shareholder of Berkshire Hathaway

Net Worth: $166 billion (Bloomberg), $166.5 billion (Forbes)

Larry Ellison

Founder and top shareholder of Oracle

Net Worth: $164 billion (Bloomberg), $177.4 billion (Forbes)

While Ambani is climbing fast, the top ranks are still dominated by tech and investment moguls from the United States.