HOUSTON: Indian business magnate Mukesh Ambani is the 18th richest person in the world with a personal wealth of $24.7 billion in 2012, according to the Bloomberg Billionaires Index, a daily ranking of the world's 100 wealthiest individuals.

Mexican telecommunications magnate Carlos Slim remained the world's richest person last year holding a personal fortune of more than $70 billion, it said.

Ambani, 55, chairman & MD of Reliance Industries, has also retained his position as the world's richest Indian for the sixth year in a row and increased his ranking from 19th to 18th position and personal wealth from $21 billion to $24.7 billion in the world, the Index showed.

Source :http://timesofindia.indiatimes.com/business/india-business/Mukesh-Ambani-18th-richest-man-in-world-Report/articleshow/17868659.cms