INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c
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FULL LIST OF FORBES' 25 WORLD BILLIONAIRES IN 2023.(PHOTO).

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 Full list of Forbes’ 25 world billionaires in 2023


American business magazine, Forbes, in its 2023 list of 25 richest people in the world, featured Bernard Arnault on the No. 1 spot, followed by Twitter Chief Executive Officer, Elon Musk.


In its previous list in 2022, Musk was on the No. 1 spot.


Forbes described the drop of Musk from the top spot as ” this year’s second-biggest loser”, adding that “Elon Musk, had it worse.”


Musk lost his title of the world’s richest person after his pricey purchase of Twitter, which he funded in part by the sale of Tesla shares, helping to spook investors. Musk, who is worth $39 billion less than a year ago, Is now No. 2.


For Jeff Bezos, fortune knocked him from number. 2 in the world in 2022 to No. 3 this year as Amazon shares crashed by 38 per cent.


Also, among the top 25, two billionaires  — Zhang Yiming, Changpeng Zhao lost their spots and were unable to make it on the list for this year.


Yiming, the founder of Tik Tok-parent Bytedance, dropped one place, from No. 25 to No. 26, as his embattled company has taken a haircut from investors while Zhao, Binance founder, known as CZ, fell from No. 19 last year all the way to No. 167 amid the crypto winter.


Below are the list of Forbes 25 richest people in the world in 2023 with their net worth


1.     Bernard Arnault & family


(Net worth: $211 Billion | Source of Wealth: LVMH | Age: 74 | Citizenship: France)


2.     Elon Musk


(Net worth: $180 Billion | Source of Wealth: Tesla, SpaceX | Age: 51 | Citizenship: U.S.)


3.     Jeff Bezos


(Net worth: $114 Billion | Source of Wealth: Amazon | Age: 59 | Citizenship: U.S.)


4.     Larry Ellison


(Net worth: $107 Billion | Source of Wealth: Oracle | Age: 78 | Citizenship: U.S.)


5.     Warren Buffett


(Net worth: $106 Billion | Source of Wealth: Berkshire Hathaway | Age: 92 | Citizenship: U.S.)


6.     Bill Gates


(Net worth: $104 Billion | Source of Wealth: Microsoft | Age: 67 | Citizenship: U.S.)


7.     Michael Bloomberg


(Net worth: $94.5 Billion | Source of Wealth: Bloomberg LP | Age: 81 | Citizenship: U.S.)


8.     Carlos Slim Helú & family


(Net worth: $93 Billion | Source of Wealth: Telecom | Age: 83 | Citizenship: Mexico)


9.     Mukesh Ambani


(Net worth: $83.4 Billion | Source of Wealth: Diversified| Age: 65 | Citizenship: IFranc


10.  Steve Ballmer


(Net worth: $80.7 Billion | Source of Wealth: Microsoft | Age: 67 | Citizenship: U.S.)


11.  Françoise Bettencourt Meyers & family


(Net worth: $80.5 Billion | Source of Wealth: L’Oréal | Age: 69 | Citizenship: France)


12.  Larry Page


(Net worth: $79.2 Billion | Source of Wealth: Google | Age: 50 | Citizenship: U.S.)


13.  Amancio Ortega


(Net worth: $77.3 Billion | Source of Wealth: Zara | Age: 87 | Citizenship: Spain)


14.  Sergey Brin


(Net worth: $76 Billion | Source of Wealth: Google | Age: 49 | Citizenship: U.S.)


15.  Zhong Shanshan


(Net worth: $68 Billion | Source of Wealth: Beverages, pharmaceuticals | Age: 68 | Citizenship: China)


16.  Mark Zuckerberg


(Net worth: $64.4 Billion | Source of Wealth: Facebook | Age: 38 | Citizenship: U.S.)


17.  Charles Koch


(Net worth: $59 Billion | Source of Wealth: Koch Industries | Age: 87 | Citizenship: U.S.)


18.  Julia Koch & family


(Net worth: $59 Billion | Source of Wealth: Koch Industries | Age: 60 | Citizenship: U.S.)


19.  Jim Walton


(Net worth: $58.8 Billion | Source of Wealth: Walmart | Age: 74 | Citizenship: U.S.)


20.  Rob Walton


(Net worth: $57.6 Billion | Source of Wealth: Walmart | Age: 78 | Citizenship: U.S.)


21.  Alice Walton


(Net worth: $56.7 Billion | Source of Wealth: Walmart | Age: 73 | Citizenship: U.S.)


22.  David Thomson & family


(Net worth: $54.4 Billion | Source of Wealth: Media | Age: 65 | Citizenship: Canada)


23.  Michael Dell


(Net worth: $50.1 Billion | Source of Wealth: Dell Technologies | Age: 58 | Citizenship: U.S.)


24.  Gautam Adani


(Net worth: $47.2 Billion | Source of Wealth: Infrastructure, commodities | Age: 60 | Citizenship: India)


25.  Phil Knight & family


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