Sachin and Binny Bansal out of Forbes India rich list

Flipkart Co-founders Sachin and Binny Bansal have not featured on the Forbes 2016 list of India's 100 Richest People, after making a debut in 2015 with a net worth of $1.3 billion each. The net worth of the Bansals fell to $1.24 billion each due to multiple markdowns in Flipkart’s valuation over the last one year.