
This businessman has earned maximum money in world this year so far, his name is…, Mukesh Ambani also in Top 10
Business
This businessman has earned maximum money in world this year so far, his name is…, Mukesh Ambani also in Top 10
This businessman has earned maximum money in world this year so far, his name is…, Mukesh Ambani also in Top 10
Not Elon Musk, Jeff Bezos, or Mark Zuckerberg but Oracle co-founder Larry Ellison has become the world's highest-earning businessman. This year, Mukesh Ambani is also included in the top 10 in terms of earnings.
This businessman has earned maximum money in world this year so far, his name is..., Mukesh Ambani also in Top 10
Top 10 Richest People In The World As Of July 2025 List: Oracle's Larry Ellison has left everyone behind and topped the list of the world's highest-earning billionaires. He even left behind billionaires like – Elon Musk, Jeff Bezos, and Mark Zuckerberg, who always dominated the list. However, Ellison is in second place when it comes to the world's billionaires list. His wealth has increased to more than USD70 billion this year. Meanwhile, Mukesh Ambani is in 16th place on the billionaires list with a whopping wealth of USD 106.9 billion, as per Forbes' real-time billionaires list.
According to the latest ranking of the Bloomberg Billionaire Index, the Oracle co-founder is in the second position with a wealth of USD262 billion. interestingly, Mukesh Ambani also made it to the top 10 list in terms of earnings this year.
Mark Zuckerberg Is On The Second Position
Facebook founder Mark Zuckerberg is second with earnings of USD40.3 billion. His net worth is USD248 billion. The third place in the list is secured by Jensen Huang, who is the world's ninth richest person. He has earned USD35.8 billion this year. Huang's net worth is USd150 billion. Steve Ballmer is in fourth position. This year his wealth has increased by USD28.5 billion and total wealth is USd175 billion.
Thomas Peterffy is ranked fifth in terms of earnings this year. He is the 22nd richest man in the world, with a wealth USD99.9 billion. This year he has earned USD23.5 billion. He is followed by Carlos Slim. His wealth has jumped by USD20.5 billion in 2025.
What Is Special In The Top 10 Billionaire List?
Notably, this year's list is dominated by tech giants, whether its Larry Ellison or Mark Zuckerberg, everyone runs a tech company.
Larry Ellison's Oracle earns its profits from cloud computing and AI infrastructure investments. Whereas Mark Zuckerberg's Meta earns a major portion of its earnings from the metaverse and AI research. Jensen Huang's Nvidia earned big from global demand for AI chips. Steve Ballmer earned USD 28.5 billion from Microsoft's cloud services and OpenAI partnership.
Global diversity also plays a major role for these companies in earning major profits. Carlos Slim's company has diversified investments in telecommunications and infrastructure. On the other hand, Mukesh Ambani's Reliance earns a major portion of its profits from renewable energy and 5G expansion. Françoise Bettencourt Meyers's L'Oréal earned billions from Asian demand for its luxury beauty products.
For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest Business News on India.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
14 minutes ago
- News18
India actively discussing trade pact with US, say minister
Agency: Last Updated: New Delhi, Aug 5 (PTI) India is actively involved in the discussions with the US on the proposed bilateral trade agreement (BTA) with an aim to expand trade and investment, Parliament was informed on Tuesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said India-US bilateral trade agreement negotiations were launched in March 2025. Five rounds of negotiations have been held, the last being from July 14-18th, 2025, at Washington, he said. The US team is visiting India from August 25 to hold the next round of trade talks. 'To safeguard the interests of farmers and the domestic industry, international trade negotiations allow for the inclusion of sensitive, negative, or exclusion lists — categories of goods on which limited or no tariff concessions are granted," he said. In addition, in case of surge in imports and injury to the domestic industry, a country is allowed to take recourse to trade remedial measures such as anti-dumping and safeguards on imports. During 2021-25, the US was India's largest trading partner. The US accounts for about 18 per cent of India's total goods exports, 6.22 per cent in imports, and 10.73 per cent in bilateral trade. With America, India had a trade surplus (the difference between imports and exports) of USD 35.32 billion in goods in 2023-24. It was USD 41 billion in 2024-25 and USD 27.7 billion in 2022-23. In 2024-25, bilateral trade between India and the US reached USD 186 billion. India exported USD 86.5 billion in goods while importing USD 45.3 billion. In a separate reply, he said the US did not accept India's request for consultations under an agreement of the World Trade Organisation (WTO) concerning American tariffs on steel, aluminium, and related derivative products, Parliament was informed on Tuesday. The US has maintained that these measures were introduced on the grounds of national security, Prasada said in a written reply to the Lok Sabha. India, however, considers these measures to be safeguard actions that should have been notified and subjected to consultations under the WTO's Agreement on Safeguards (AoS). 'India has accordingly reserved its right to suspend substantially equivalent concessions (right to impose equal trade measures in response) due to the US's non-compliance with its obligations under the AoS," he said. In another reply, the minister said India has not taken any decision to suspend or restrict trade or tourism activities with Turkey and Azerbaijan. However, the import from Turkey has declined from USD 3.78 billion in 2023-24 to USD 2.99 billion in 2024-25. The major items imported from Turkey during 2024-25 include Petroleum Crude, Gold, Inorganic Chemicals, Granite, Natural Stones and Aircraft & Spacecraft parts. The major items of import from Azerbaijan during 2024-25 include Finished Leather, Medical and Scientific Instruments, Raw Hides and Skins, Fruits/Vegetables Seeds and Hand Tools, Cutting Tools of Metals. PTI RR MR view comments First Published: August 05, 2025, 20:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.


Mint
32 minutes ago
- Mint
India-UK trade deal: India eyes three-fold surge in seafood exports
Ahmedabad, Seafood exports from India to the United Kingdom would witness a three-fold jump in the coming years after the removal of duty on fisheries products under the India-UK free trade agreement, according to industry leaders. Since Gujarat, having a coastline of nearly 2,300 kilometers, is one of the key states contributing to India's seafood exports, industry leaders believe that the increase in India's exports will also help Gujarat-based fishermen, exports and the entire ecosystem attached with this industry. Gujarat-based exporter Jagdish Fofandi said the relief in export duty would take India's seafood export to the UK from current levels of ₹ 1,000 crore to nearly ₹ 3,000 crore in three years. At present, the UK levies 8.9 per cent export duty on Indian seafood products such as fish and shrimp, said Fofandi, former national president of Seafood Exporters Association of India . "Now, after the signing of the trade agreement, there will be zero duty on such products exported to the UK from India. The UK imports seafood worth USD 5.4 billion from across the world every year. "However, India's share in this basket is just 2.2 per cent, which comes to ₹ 1,000 crore at present," said Fofandi. With the reduction in the duty, Indian seafood items will be cheaper by nearly 8 to 9 per cent for the buyers in the UK, making Indian products more competitive in comparison to other countries, said Fofandi, former vice president of Marine Products Export Development Authority . "We are assuming that in the next three years, there is a potential growth of 300 per cent. Thus, I am seeing that our export will go up from the current level of ₹ 1,000 crore to ₹ 3,000 crore. Since Gujarat is a major contributing state, this new market will certainly benefit our fishermen, exporters and everyone associated with this business," said Fofandi. Shrimp constitutes 70 per cent of the total export basket of Indian seafood. However, it is facing stress from US and other markets at present, said Fofandi. "Opening up of the UK market due to this trade deal, it will absorb some of the shock which other markets are creating to Indian exporters. This will particularly help the shrimp farming industry of south Gujarat," said Fofandi. While south Gujarat is more into shrimp farming, the coastline of Saurashtra region contributes in exporting fish caught from the sea, said Fofandi, adding that some varieties of fish exported from that region have become popular among Indians and Chinese settled in the UK. According to Ketan Suyani, Gujarat-based regional president of SEAI, this trade agreement will eventually help fishermen in getting better prices for the catch. At present, Gujarat's fisheries export is roughly around ₹ 5,000 crore. Of these, entire Europe accounts for nearly 40 per cent while the remaining 60 per cent goes to the Gulf, China and other Far-east countries, said Suyani. "This trade agreement will eventually benefit Gujarat fishermen because the demand for Indian seafood products will increase after the duty reduction. Fishermen will get better prices with the increase in export quantity," he said. In July, India and the United Kingdom signed the Comprehensive Economic and Trade Agreement , a bilateral free trade agreement. CETA provides an unprecedented duty-free access to 99 per cent of India's exports to the UK, covering nearly 100 per cent of the trade value. This includes labour-intensive sectors such as textiles, leather, marine products, gems and jewellery, and toys as well as high-growth sectors like engineering goods, chemicals, and auto components. This article was generated from an automated news agency feed without modifications to text.


News18
44 minutes ago
- News18
ChrysCapital gets CCI nod to acquire majority stake in bakery chain Theobroma
New Delhi, Aug 5 (PTI) Fair trade regulator Competition Commission on Tuesday cleared homegrown private equity major ChrysCapital's proposal to acquire a majority stake in Mumbai-based bakery chain Theobroma. ChrysCapital is acquiring the stake in Theobroma through its affiliates, Infinity Partners, Aqua Investments Ltd and Atreides Investments BV. 'The proposed combination relates to the acquisition of certain equity shareholding of Theobroma Foods Pvt Ltd (Theobroma) by Infinity Partners, Aqua Investments Limited and Atreides Investments BV," the Competition Commission of India (CCI) said in a release. Theobroma is engaged in the business of manufacturing and sale of bakery and confectionery products, food and beverages through its patisseries and stores present in over 30 cities in India and via its online platform and other online sales channels. 'CCI approves acquisition of certain equity shareholding of Theobroma Foods Pvt Ltd by Infinity Partners, Aqua Investments Ltd and Atreides Investments BV," the regulator said in a post on X. According to reports, ChrysCapital is set to acquire a 90 per cent stake in Theobroma Foods for an estimated Rs 2,410 crore. ChrysCapital signed a deal to acquire a majority stake in Theobroma from its promoters and the current existing investor ICICI Venture, as per reports. However, the founders will retain around 10 per cent holding in the company. ICICI Venture owns nearly a 42 per cent stake in Theobroma. It had invested nearly USD 20 million in 2017. Theobroma was founded in 2004 by sisters Kainaz Messman Harchandrai and Tina Messman Wykes. Deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace. PTI HG MR view comments First Published: August 05, 2025, 19:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.