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.
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.