Bloomberg has released Billionaires Index featuring the the world's top earners, with Indian tycoon Gautam Adani being the latest member who exits the wealthiest individuals list after slipping to the eleventh spot on the recent Index.
Bernard Arnault, the French business magnate, and owner of Louis Vitton, crossed Twitter CEO Elon Musk, for being the richest man in the world.
The Bloomberg Billionaires Index, the list of the world’s 500 richest people based on their net worth, ranked Arnault at the top with $189 billion net worth, Elon Musk at second with $160 billion, Jeff Bezos at third with $124 billion, and Bill Gates and Warren Buffet at fourth and fifth spot with $111 billion, and $107 billion respectively.
The last five in the top 10 include Larry Ellison, Larry Page, Steve Balmer, Sergey Brin, and Carlos Slim.
Meanwhile, Gautam Adani – known for being the richest Indian and Asian – exits the list as his wealth dropped by a whopping $8.21 billion in recent times.
Adani Total Gas Ltd, a firm owned by an Indian business magnate, shrunk by 10 percent daily limit to lead losses in most of the group’s stocks, reports in international media claimed.
Nearly a dozen firms owned by Adani Group jolted with $75 billion shock in market in wake of report by Hindenburg Research which claimed stock manipulation and accounting fraud.
Pakistani rupee remains unchanges against US dollar in the open market on March 18, 2024, Monday.
In the open market, the US dollar was being quoted at 278.7 for buying and 281.65 for selling.
Euro moves down to 303 for buying and 306 for selling while British Pound hovers around 356 for buying, and 359 for selling.
UAE Dirham AED remains stable at 75.8 whereas the Saudi Riyal saw minor increase, with new rates at 74.05.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.7 | 281.65 |
Euro | EUR | 303 | 306 |
UK Pound Sterling | GBP | 356 | 359 |
U.A.E Dirham | AED | 75.8 | 76.55 |
Saudi Riyal | SAR | 74.05 | 74.5 |
Australian Dollar | AUD | 182.7 | 184.5 |
Bahrain Dinar | BHD | 741.89 | 749.89 |
Canadian Dollar | CAD | 204 | 206.2 |
China Yuan | CNY | 38.78 | 39.18 |
Danish Krone | DKK | 40.92 | 41.32 |
Hong Kong Dollar | HKD | 35.69 | 36.04 |
Indian Rupee | INR | 3.37 | 3.48 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 908.8 | 917.8 |
Malaysian Ringgit | MYR | 59.59 | 60.19 |
New Zealand Dollar | NZD | 171.07 | 173.07 |
Norwegians Krone | NOK | 26.67 | 26.97 |
Omani Riyal | OMR | 724.62 | 732.62 |
Qatari Riyal | QAR | 76.7 | 77.4 |
Singapore Dollar | SGD | 206 | 208 |
Swedish Korona | SEK | 27.27 | 27.57 |
Swiss Franc | CHF | 315.8 | 318.3 |
Thai Bhat | THB | 7.79 | 7.94 |
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