Mukesh Ambani is the richest Asian Reliance Industries Ltd (RIL) Chairman Mukesh Ambani became the richest Asian on Friday, pushing Alibaba Group founder Jack Ma to the second spot, according to a report by Bloomberg.
The market valuation of Reliance Industries surged past Rs 7 lakh crore mark during Friday morning trade, as Ambani positioned his company to disrupt the e-commerce space in India.
His net worth is estimated to be around $44.3 billion with RIL rising 1.6 percent to a record 1,099.8 Rupees, according to Bloomberg Billionaires Index. The business magnate added $4 billion to his wealth just in 2018.
Ma’s wealth on the other stood at $44 billion at the close of trade on Thursday in the US, where the company is listed.