Star Portuguese and Juventus striker Cristiano Ronaldo tops of the list with 172.8 million followers and earns $9,75,000 per Instagram post according to the report published on Times Now.
The 100 people list has been divided into categories - Celebrity, Beauty, Fashion, Fitness, Food, Lifestyle, Sport and Travel categories.
Ronaldo, who plays his club football for Italian giants Juventus, ranks third in the overall tally.
Brazil football ace Neymar is second on the list with 121.4 million followers and $7,22,000 per Instagram post followed by Argentine and Barcelona soccer star Lionel Messi who has 123.5 million followers and earns $6,48,000 per Instagram post.
England's iconic ex-captain David Beckham, basketball star LeBron James, Brazilian soccer legend Ronaldinho, Wales' Gareth Bale, Sweden's Zlatan Ibrahimovic complete the top 8-list with Kohli, rated as the best batsman in the world, featuring ninth.
Kohli is the second Indian after actress Priyanka Chopra with 36.2 million followers and earns $1,96,000 per Instagram post. In the overall list, Kohli is placed at number 23. Uruguay's Luis Suarez is tenth.