Flipkart’s founders Sachin and Binny Bansal, have debuted in the Forbes list of India’s 100 richest people with a net worth of $1.3 billion each.

Reliance Industries Ltd (RIL) chairman Mukesh Ambani has made into the forbes rich list for the ninth consecutive year, although his net worth has declined $4.7 billion to $18.9 billion from 2014.

Along with Mukesh Ambani, 10 others on the list lost $1 billion net worth each, including CEO of ArcelorMittal, Lakshmi Mittal who slipped three ranks to eighth position.

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