The latest edition of the annual ranking compiled by British fashion magazine Vanity Fair has retained billionaire Anil Ambani in its list of the world's 100 most powerful people, while his brother Mukesh Ambani has made a total exit.
A sharp erosion in his wealth and a long-running sibling rivalry notwithstanding, the younger Ambani has managed to keep his position in the list, but is down 30 places since last year.
Ranked 97th, 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 $32 billion, to $10 billion. But that still left him with plenty of cash to close a Bollywood-meets-Hollywood deal with Steven Spielberg to make a $500 million investment in DreamWorks (along with the rights to distribute its films in India)," Vanity Fair said about Anil.
