I saw that Forbes has just updated the list of the richest people in India, and honestly, the numbers are staggering. Mukesh Ambani remains in first place with a net worth of $105 billion — the only Indian centibillionaire. He is the chairman of Reliance Industries, and his wealth seems almost untouchable in the Indian context. What struck me the most is that the total wealth of the top 100 richest men in the country has decreased by 9% this year. A sign that the market has experienced some turbulence. Gautam Adani and his family rank second with $92 billion, while Savitri Jindal is the richest woman with $40.2 billion. Indian industrial dynasties continue to dominate despite instability. I wonder what mainly caused this decline in wealth — was it global market volatility or something more specific to the Indian economy? Anyway, Ambani's and the others' wealth remains impressive.

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