The world's richest people have become poorer.
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
A record-breaking year for the world's billionaires.
Squeezing growth prospects in IT services firms and higher compensation in technology centres run by global companies are the two factors driving this trend.
Bill Gates with an estimated wealth of $86 billion topped the list for the fourth year running.
Others on the list include Warren Buffett and Astrid Menks.
Bribe for Goa project estimated at $976,630
Chanda Kochhar is among the three Indians in Time's Most Influential list.
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