Mukesh Ambani
Business Sphere|February 2020
According to Forbes magazine, Mr. Mukesh Ambani is the richest person in India, as well as in Asia. He is also the 13th richest person in the world! His company Reliance has the highest valuation (approximately Rs. 8 Lakh Crore!) on the stock market. The companies are involved in the sectors of oil, petrochemicals, telecom, and retail.
Mukesh Ambani

The surge in Mukesh Ambani’s fortune this year was fueled by a 40% jump in the shares of his Reliance Industries Ltd.

Alibaba Group founder Jack Ma’s net worth grew $11.3 billion, while Jeff Bezos lost $13.2 billion It’s been a good year for Asia’s richest man, Mukesh Ambani. The Indian tycoon added almost $17 billion to his wealth as of December 23, the most in Asia, taking his net worth to about $61 billion, according to the Bloomberg Billionaires Index. In comparison, Alibaba Group founder Jack Ma’s net worth grew $11.3 billion, while Jeff Bezos lost $13.2 billion.

The surge in Ambani’s fortune this year was fueled by a 40% jump in the shares of his Reliance Industries Ltd., a conglomerate that’s pivoting more toward consumer offerings than its core oil refining and petrochemicals businesses. The rally in the stock is more than double the gains for India’s benchmark S&P BSE Sensex index during the period.

この記事は Business Sphere の February 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Sphere の February 2020 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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