Ambani (pic), who owns 42% of Reliance, has benefited from a flurry of investment into the company’s digital unit, Jio Platforms Ltd, that Reliance said has made it net-debt free ahead of a March 2021 target.
MUMBAI: Asia’s richest man has entered a new league of wealth.
The net worth of Mukesh Ambani, chairman of Reliance Industries Ltd, has jumped to US$64.5bil, making him the only Asian tycoon in the exclusive club of the world’s top 10 richest people, according to the Bloomberg Billionaires Index. He overtook Larry Ellison of Oracle Corp and France’s Francoise Bettencourt Meyers, the wealthiest woman, to reach the No. 9 spot.
