Nirav Modi drops out of Forbes billionaires list
Diamond trader Nirav Modi, accused of pulling off the country’s biggest bank fraud, is no longer a part of India’s billionaires club. Modi, who had featured in Forbes’ 2017 rich list with a fortune of USD 1.8 billion, could not make the cut in this year’s rankings. “Nirav Modi is among the drop-offs from this year’s the list, along with Papa John’s Pizza founder John Schnatter, Christoffel Wiese of South Africa, and Saudi Arabia s Prince Alwaleed Bin Talal Al Saud,” Forbes said. Forbes said India’s billionaire count has increased…
Read More