A sharp erosion in his wealth and a long-running sibling rivalry notwithstanding, Indian billionaire Anil Ambani has retained his position in the list of the world's 100 most powerful people, but is down 30 places since last year, while his brother Mukesh has made a total exit.
Ranked 97th in the latest edition of the annual ranking compiled by British fashion magazine Vanity Fair, Anil is the only Indian in the list, which is topped by financial services behemoth Goldman Sachs CEO Lloyd Blankfein.
Anil was ranked at 67th position jointly with Mukesh in the previous year's list.
The current list, described as "The New Establishment 2009" by the magazine, also figures names like Apple's iconic chief Steve Jobs and legendary investor Warren Buffett and these 100 people have been described as the world's most powerful in today's information age.
"Ambani was the biggest loser when Forbes published its annual wealth ranking in March: his fortune fell by USD 32 billion, to USD 10 billion. But that still left him with plenty of cash to close a Bollywood-meets-Hollywood deal with Steven Spielberg to make a USD 500 million investment in DreamWorks (along with the rights to distribute its films in India)," Vanity Fair said about Anil.
Top Section
Explore Business Standard