Mukesh Ambani to be worlds richest man in 2014: Forbes

Indian business tycoon Mukesh Ambani could be the richest man on earth in 2014 with a net worth of 62 billion,pipping Mexican billionaire businessman Carlos Slim,according to a forecast by the prestigious Forbes magazine.

Indian business tycoon Mukesh Ambani could be the richest man on earth in 2014 with a net worth of 62 billion,pipping Mexican billionaire businessman Carlos Slim,according to a forecast by the prestigious Forbes magazine.

One of the predictions is that Reliance Industries chief Ambani,who currently has a net worth of 29 billion,pips the worlds richest man Mexican businessman Carlos Slim to top Forbes rich list in 2014, it said.

Ambanis net worth swells to 62 billion while Slim is hit hard by Mexican political,financial chaos, according to the prediction by Forbes.

The 53-year-old Ambani currently ranks fourth on Forbes list of the worlds billionaires. Forbes has listed a number of events that could happen over the next 10 years in the field of politics,energy,medicine,finance,society and technology. The publication asked its staff and contributors to forecast some of the noteworthy events till 2020.

A vision of the coming decade sketched from real data,projections and facts whenever possible though weve injected a dose of rigorous science fiction to fill the gaps, Forbes said about its special 2020 report called What Happens Next Our Look Ahead.

Another forecast in the field of finance and economics is of fraudster Bernard Madoffs death in his prison cell in 2011. The convicted Ponzi-scheme perpetrator is found hanging in his cell and prison officials will not rule out foul play, according to the Forbes forecast.

Futurism favours the bold. Look more than 30 years ahead8230; and critics will forgive your inaccuracies. Weve attempted a thought experiment with far tougher standards: predicting the future thats just around the corner, Forbes said.

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In 2012,social networking site Facebook debuts on NASDAQ. Its IPOs value 40 billion and founder Mark Zuckerberg becomes the first 20-something who is worth 10 billion-plus.

Then by 2020,Wal-mart employs five million people worldwide and its sales pass the one trillion dollar mark. The company cites successful India and Brazil expansions for the landmark.