https://sputniknews.in/20240112/mukesh-ambani-rejoins-centibillion-club-surpasses-adani-as-asias-wealthiest-man-6181352.html
Mukesh Ambani Rejoins Centibillion Club, Surpasses Adani as Asia's Wealthiest Man
Mukesh Ambani Rejoins Centibillion Club, Surpasses Adani as Asia's Wealthiest Man
Sputnik India
Reliance Industry Limited (RIL) chairman Mukesh Ambani on Friday re-entered the $100 billion club, once again becoming the richest man in India and Asia.
2024-01-12T18:29+0530
2024-01-12T18:29+0530
2024-01-12T18:29+0530
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Reliance Industry Limited (RIL) chairman Mukesh Ambani on Friday re-entered the $100 billion club, once again becoming the richest man in India and Asia.Ambani overtook Gautam Adani, who is now ranked 14th with a total fortune of $96.2 billion. Notably, the increase in wealth comes after Ambani's venture stocks rose as much as 12 percent in the past month.RIL's total market capitalization has reached INR 18.4 trillion ($221 billion). The recently demerged Jio Financial Services (JFSL) also contributed to Mukesh Ambani's recent surge in wealth.Reliance Industries invests in petrochemicals, oil and gas, telecommunications, retail and financial services.Reliance was founded in 1966 by his late father, Dhirubhai Ambani, a yarn merchant, as a small textile manufacturer. After his father's death in 2002, Ambani and his younger sibling, Anil, split the family empire.
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Mukesh Ambani Rejoins Centibillion Club, Surpasses Adani as Asia's Wealthiest Man
Deexa Khanduri
Sputnik correspondent
Mukesh Ambani's net worth is about $102 billion as of Friday, adding nearly $3 billion in just 24 hours to climb to 12th place on the Bloomberg Billionaires Index.
Reliance Industry Limited (RIL) chairman Mukesh Ambani on Friday re-entered the $100 billion club, once again becoming the richest man in India and Asia.
Ambani overtook Gautam
Adani, who is now ranked 14th with a total fortune of
$96.2 billion. Notably, the increase in wealth comes after Ambani's venture stocks
rose as much as 12 percent in the past month.
RIL's total market capitalization has reached INR 18.4 trillion (
$221 billion). The recently demerged Jio Financial Services (JFSL) also contributed to Mukesh Ambani's recent surge in
wealth.
Reliance Industries invests in petrochemicals, oil and gas, telecommunications, retail and financial services.
Reliance was founded in 1966 by his late father, Dhirubhai Ambani, a yarn merchant, as a small textile manufacturer. After his father's death in 2002, Ambani and his younger sibling, Anil, split the family empire.
