India drops to 4th position on Hurun's list of billionaires
India has dropped to the fourth spot among nations with the most number of billionaires on Hurun's Global Rich List, with Germany surpassing it to take the third spot. India saw 11 people drop out of the billionaires list mainly due to demonetisation. Further, the country reported a total of 100 billionaires with a combined net worth of $304 billion.