Ambani Wedding Puts 'Crazy Rich Indians' in the Spotlight - WSJ

NEW DELHI—One of the most lavish weddings in recent years wraps up in India this weekend, after giving the world an eye-popping look at the spending power of a fabulously wealthy billionaire family—the Ambanis.Anant Ambani, 29, the youngest son of Mukesh Ambani, head of industrial conglomerate Reliance Industries and India’s richest man, is marryin... See more

India had fewer than 10 billionaires two decades ago, when Mukesh Ambani and his younger brother first appeared on the Forbes billionaire list after their father, company founder Dhirubhai Ambani, died. Now, the country is the world’s third-biggest source of billionaires after China and the U.S.

India’s 200 billionaires have a combined net worth of... See more

According to data from Forbes, there were 2,781 billionaires worldwide as of March. The combined net worth of U.S. billionaires totals $5.7 trillion, more than any other country. China’s billionaires rank second, worth $1.3 trillion, and India’s billionaires rank third at $954 billion.