People, Positions and Obituaries · 10 March 2026

Elon Musk Ranked Wealthiest in Hurun Global Rich List 2026; Mukesh Ambani Named Richest Person in Asia

Exam-focused facts from the 10 March 2026 current affairs briefing.

Key facts

  • Elon Musk, aged 54, was ranked the wealthiest person in the world with a net worth of US$792 billion, followed by Jeff Bezos of Amazon (US$300 billion) and Larry Page of Alphabet (US$271 billion).
  • Larry Ellison of Oracle (US$267 billion) and Sergey Brin (US$247 billion) were ranked fourth and fifth, followed by Mark Zuckerberg of Meta (US$234 billion), Bernard Arnault of LVMH (US$178 billion), and Warren Buffett (US$173 billion).
  • Mukesh Ambani of Reliance Industries Limited (RIL) was named the richest person in Asia with a wealth of US$109 billion, while Gautam Adani ranked second in India with US$83 billion.
  • Cyrus Poonawalla of the Serum Institute of India (SII) recorded a wealth of US$33 billion, followed by Lakshmi N Mittal (US$25 billion), Niraj Bajaj of Bajaj Auto (US$24 billion), and Anil Agarwal (US$18 billion).
  • Uday Kotak was ranked with a wealth of US$16 billion, while new Indian billionaires included Shahid Bilakhia of Meril Life Science (US$6.2 billion) and Basant Bansal of M3M India (US$4.6 billion).
  • Other Indian entrants were Madhusudhan Agarwal (US$4.3 billion) and Rajendrakumar Agrawal (US$3.8 billion) of Haldirams, Alakh Pandey and Prateek Maheshwari of Physics Wallah (US$1.7 billion each), Ritesh Agarwal of OYO (US$1.6 billion), and actor Shah Rukh Khan (US$1.3 billion).
  • Jensen Huang of Nvidia entered the global top 10 for the first time with US$172 billion, while Steve Ballmer rounded out the top 10 with US$159 billion.
  • Bill Gates dropped out of the top 10 after donating US$20 billion to the Bill & Melinda Gates Foundation (BMGF), while the report recorded the deaths of Wang Linpeng (56), Shao Genhuo (60), Henri Beaufour (60), James Irsay (65), David Murdock (102), and S. Daniel Abraham (100).