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Forbes’ World's Billionaire List: Flipkart Bansals out, Paytm’s Vijay Shekhar Sharma in

With a net worth of $1.3 billion, Paytm founder Vijay Shekhar Sharma has debuted on the Billionaire list.

Written by : TNM

It is no secret that Paytm is one of the most successful startups in the recent past. And with the Prime Minister’s masterstroke of demonetization ushering in digital payments, Paytm founder Vijay Shekhar Sharma’s success knew no bounds.

The testimony to this is the latest Forbes’ World’s Billionaire List. With a new worth of $1.3 billion, Sharma has debuted on the Billionaire list.

As per a report on Inc42, Flipkart co-founders Sachin Bansal and Binny Bansal who made it to the country’s top 100 rich list in the past, did not get a spot on the list. Replacing them this year is Sharma.

According to Inc42, Sharma even made it to China-based research firm Hurun’s Global Rich List for 2017.

Bill Gates continues to reign supreme with a net worth of $86 billion. This is the 18th time he has made it to the top.

Berkshire Hathaway CEO Warren Buffett is the second richest man with a net worth of $75.6 billion. Amazon’s founder Jeff Bezos is third with a net worth of $72.8 billion.

India has 101 billionaires on the list with Mukesh Ambani being the richest Indian with a net worth of $23.2 billion. Worldwide, he is at number 33.

According to the latest Forbes’ Billionaire’s List, the total number of billionaires increased by 13% from 1,810 in 2016 to 2,043 in 2017. The total net worth of the billionaires rose by 18% to $7.67 trillion, the highest grand total, till date.

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