Modi, ranked 9th and Ambani at 32, are the only two Indians on the list of Forbes World's Most Powerful People, released here on Tuesday.
"There are nearly 7.5 billion people on planet Earth, but these 75 men and women make the world roll." Forbes' annual ranking of the World's Most Powerful People identifies a person of 100 million whose actions mean the most, "said Forbes.
According to Forbes, to compile the list, it took into account hundreds of candidates worldwide, from different areas of life, and measured their power along four dimensions, whether or not the person has power over many people, controlled by any person's financial resources the candidate is powerful in several areas and whether the candidates have actively used their power.
Xi tops the list for the first time, replacing Russian President Vladimir Putin, who falls second after being voted the most powerful man in the world for four consecutive years.
"Xi Jinping takes first place for the first time after the Chinese Congress changed its constitution in March, expanded its influence and abolished the term limits, enjoying a cult of personality that has not been seen since Chairman Mao," Forbes said.
"Modi has sharpened its profile as a global leader over recent years on official visits with US President Donald Trump and Xi Jinping, and has become a key player in international efforts to combat climate change, as the warming hit millions of people People are affecting the rural citizens of his country, "he said, adding that Modi" remains very popular. "
The American magazine, which ranked Trump third, said he had "limited success in enforcing his agenda through a Congress controlled by his own party, is under investigation by several law enforcement agencies, and can handle scandals stemming from him." do not shake off private and business life ̵
Earlier this year, Putin was re-elected with nearly 77 percent of the vote for a fourth term.
"This is the largest profit margin for any candidate for office since the fall of the Soviet Union," Forbes said.
"This year's list highlights the consolidation of power in the hands of an elite."
Forbes said the Ambani-led RIL sparked a price war in India with the launch of the 4G phone service Jio 2016.
"Jio has signed up to 160 million customers offering free national calls, dirt-cheap data services and virtually free smartphones," it says.
While Facebook CEO Mark Zuckerberg is ranked 13th, British Prime Minister Theresa May is at age 14 and Apple CEO Tim Cook is ranked 24th this year.
Following Indian CEO Satya Nadella's 40th place ranking, Forbes said he had distracted the company from a failed mobile strategy and focused on other segments, including cloud computing and augmented reality.
"Since taking over as CEO, the Microsoft share has risen by more than 150 percent," it said.
This year's list includes 17 new names, including the Saudi crown prince Mohammed Bin Salman Al Saud (8).
"His father remains king, but" MBS "has undeniably consolidated power and taken control of the country, launching an anti-corruption campaign in November 2017 that has left many lucky Saudis arrested and forced to overthrow them.
"The Crown Prince will be the linchpin around which geopolitics in the Middle East moves for the next generation," Forbes said.
Other new members are Jerome Powell (11), Fed Chairman, Exxon Mobil CEO Darren Woods (34) and US Attorney General Robert Mueller (72), who is investigating whether there are collusion between Russia and Russia in the Trump presidential campaign ,