Shifting fortunes: Rise of India's new billionaires and fall of old biz clans

A new breed of self-made entrepreneurs is vaulting into the ranks of the wealthy, offsetting billions lost by debt-burdened industrialists and members of the country’s old dynasties. The changes are set to help India’s ultra-rich population grow at the world’s fastest pace. The number of billionaires in India more than doubled to 119 between 2013 and 2018

from Times of India http://bit.ly/2JrhhR1