Reliance Industries Chairman Mukesh Ambani's Wealth Dips as L'Oréal Heiress Claims Top Spot

Mukesh Ambani Latest News: In a notable shift in the global wealth landscape, Mukesh Ambani, the esteemed Chairman of Reliance Industries and the reigning richest person in India and Asia, has slid two positions in the ranks of the world's wealthiest individuals. As per the Bloomberg Billionaires Index, Ambani has now landed in the 13th spot, as two prominent figures ascend the wealth ladder - Mexico's Carlos Slim and France's Françoise Bettencot-Myers.

Françoise Bettencot-Myers, the heiress of L'Oréal, a leading global cosmetic brand, has achieved the coveted title of the world's richest woman. Her financial ascent marks a remarkable leap from the top 10 richest people in the world in 2021 to her current position, all while making a significant impact as a businesswoman, philanthropist, and writer.

Mukesh Ambani's net worth, estimated at $86.5 billion, has seen a decrease of $593 million this year, distinguishing him as the lone billionaire within the top 15 to experience a dip in his net worth.

On the other hand, Françoise Bettencot-Myers, at the age of 70, commands a formidable net worth of $86.8 billion, placing her at the 12th position on the global wealth leaderboard. Her wealth has shown an impressive increase of $15.3 billion in the current year. She, along with her family, maintains a 33 percent stake in L'Oréal, a multinational corporation renowned for its Lancome and Garnier brands. Notably, L'Oréal's valuation reached a substantial $41.9 billion in 2022.