According to Forbes magazine, Reliance Industries Ltd (RIL) chief Mukesh Ambani will be the world's wealthiest man by the year 2014.

Mr. Ambani will have a net worth of $62 billion, overtaking Mexican mogul Carlos Slim.

"Indian commodity king Mukesh Ambani tops Forbes' rich list at USD 62 billion. Former No. 1 Carlos Slim hit hard by Mexican political, financial chaos", are the two headlines from the US business magazine's peep into the next decade.

"One of the predictions is that Reliance Industries' chief Ambani, who currently has a net worth of 29 billion dollars, pips the world's richest man Mexican businessman Carlos Slim to top Forbes' rich list in 2014," it said.

At present, the 53-year-old Mukesh is the fourth richest person on the Forbes' list of the world's billionaires.

Forbes also anticipated that the US job prospect will finally perk up by the year 2018 as joblessness falls below 7%.

In the arena of finance as well as economics, Forbes also anticipated that by the coming year, convicted Ponzi-scheme fraudster Bernard Madoff would be found hanging in his jail cell.

By the year 2012, Facebook makes entry on NASDAQ. Its initial public offerings are valued at $40 billion and founder Mark Zuckerberg turns the first 20-something who is worth $10 billion-plus.

In the year 2017, Harvard endowment will increase two times by the next 7-years to $50 billion.