The Richie Rich club: Mukesh Ambani breaks into top-20 billionaires in 2017

More than one third of India's rich list replaced as businesses failed

Despite a slowing economy and demonetization, India added 56 new billionaires in 2017 with a total of 170 Indians making it to the Richie Rich club with a wealth of over $1 billion or more. As per the Hurun Global Rich List, China topped the list with 819 billionaires almost 5 times more than India’s, and United States with 571 billionaires.

With a wealth of $45 billion, Mukesh Ambani topped the India rich list and also made it to the top 20 rich list in the world. The India list also saw almost one-third of the rich list replaced by