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On which rank was India's billionaire Mukesh Ambani in the Forbes 2016 ranking list of world's billionaires? A. 24 B. 36 C. 19 D. 47

On which rank was India's billionaire Mukesh Ambani in the Forbes 2016 ranking list of world's billionaires? A. 24 B. 36 C. 19 D. 47 Correct Answer B

The correct answer is 36.

Key Points

  • Mukesh Ambani is an Indian billionaire businessman.
    • He is the chairman, managing director of Reliance Industries Ltd.
    • He was ranked at 36th position in the Forbes 2016 list of the world's billionaires.
    • He retained his position as India's richest person.
    • As of 28 December 2020, he is the 14th richest in the world.

Important Points 

  • Mukesh Ambani was followed by Indian pharma magnate Dilip Shanghvi.
  • According to the 2016 Forbes World's Billionaires List, the total number of billionaires worldwide is 1,810.
  • Co-founder of Microsoft Corporation, Bill Gates became the worlds richest businessman in Forbes 2016 world's billionaires list.
  • The list consists of 84 Indian billionaires.

Related Questions

Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. Mukesh Ambani overtook Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries Ltd. to disrupt the e-commerce space in India.  II. The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth $44.3 billion on Friday with Reliance Industries Ltd. rising 1.6 percent to a record 1,099.8 rupees. Conclusions: I. Ambani, best known for executing large-scale projects, spearheaded construction of the world’s largest refining complex in Jamnagar, owns the most-widespread mobile data network globally and claims to have India’s biggest as well as most-profitable retail firm.  II. Jio is the driver behind the surge in Reliance. Jio will introduce a fiber-based broadband service across 1,100 Indian cities in August in what Ambani said would be the biggest greenfield fixed-line rollout anywhere in the world.  III. If the company is going to double profit a few years down the line, the stock price is also likely to increase.
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