(Image source from: Dnaindia.com)
Mukesh Ambani Dethrones Jack Ma To Turn Asia's Richest Man:- Reliance Industries Chairman and business tychoon Mukesh Ambani overtook Alibaba Group founder Jack Ma To end up as the Asia's richest businessman. He is estimated to be worth 44.3 billion USD with Reliance Industries rising 1.6% to a record of Rs 1099.8 crores as per the reports from Bloomberg Billionaires Index. Jack Ma's wealth stood at 44 billion USD as per the trade where his company was listed.
Mukesh Ambani added 4 billion USD to his wealth this year after Reliance doubled its petrochemicals capacity and telecom upstart Reliance Jio. During the annual shareholders meeting, Mukesh Ambani revealed that Reliance saw the biggest growth opportunity in all platforms they have ventured into. Along with Reliance Jio, Ambani is venturing into broadband service across 1100 cities in the country from August.