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<ul><li>After a brief period, <keyword id="3820" type="General" weightage="80" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword> is back to being the <keyword id="405464" type="General" weightage="20" keywordseo="richest-indian" source="Orion">richest Indian</keyword>.</li><li>The Reliance Industries’ honcho has seen his company’s market capitalisation surge more than 25% in the last three months.</li><li>Mukesh <keyword id="10924" type="General" weightage="100" keywordseo="ambani" source="Orion">Ambani</keyword>’s rival, Gautam Adani, on the other hand, has seen his group companies’ value decline by over 16%.</li></ul>Mukesh Ambani is the richest Indian once again, beating his rival Gautam Adani after several weeks of being in the second position. In the last few months, Gautam Adani had been India’s richest man after a massive surge in Adani Group company stocks. Now, Mukesh Ambani is back to the No.1 position. Ambani regaining the top position is driven by a rebound in the Reliance Industries stock – which is up by more than 25% since early March. <div type="image" title="Reliance Industries 08_03_22 to 03_06_22." msid="91977061" hostid="261" caption="&amp;lt;p&amp;gt;Reliance Industries share price&amp;lt;/p&amp;gt;"></div> According to the Forbes rich list, Mukesh Ambani’s wealth stood at $104.4 billion, gaining $6.2 billion in the last one day. On the other hand, Gautam Adani’s wealth stood at $100.7 billion. According to Bloomberg Billionaires Index, Ambani’s wealth stood at $99.7 billion, while Gautam Adani’s stood at $98.7 billion. Adani now stands at the 9th place – <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">a little over a month ago, he was tied with Bill Gates as the fourth richest person in the world</a>. Just a few days ago, Adani crashed out of the $100 billion club. Since his peak, Adani has lost nearly $25 billion in wealth, but he still has <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">10 times more wealth</a> than what he had two years ago. <cmsannotation type="cmsannotation" annotationid="Mukesh Ambani added an average of $2 billion wealth per month in 2022" comment="subhead" text="Mukesh Ambani added an average of $2 billion wealth per month in 2022">Mukesh Ambani added an average of $2 billion wealth per month in 2022</cmsannotation> According to Forbes, Mukesh Ambani is the sixth richest person in the world, adding $10 billion to his wealth in the first five months of 2022. Born in Yemen, Ambani took over the reins of Reliance Industries from his father Dhirubhai Ambani in 2002, after the latter passed away. Since then, the share price of Reliance Industries has surged from ₹42 to ₹2,800 today, with several instances of bonus shares and stock splits during the period. Both Adani and Ambani run conglomerates with interests across multiple sectors within and outside India. Ambani's interests include energy, telecom, retail and media. He is also looking to expand his interests in high-end tech innovation that can transform both his consumer-facing businesses. Adani, on the other hand, has been strengthening his FMCG brands with a legacy in power, infrastructure - and has recently added cement and media to the many interests that he holds. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-sets-sights-on-defence-showcases-made-in-india-software-for-aircraft-design/articleshow/91959787.cms">Mukesh Ambani sets sights on defence – showcases Made in India software for aircraft design</a> <a href="https://www.businessinsider.in/thelife/personalities/news/gautam-adani-crashes-out-of-the-100-billion-club-but-still-is-10x-richer-than-he-was-2-years-back/articleshow/91807766.cms">Gautam Adani crashes out of the $100 billion club, but still is 10x richer than he was 2 years back</a> <a href="https://www.businessinsider.in/business/news/gautam-adani-is-now-as-wealthy-as-bill-gates/articleshow/91115934.cms">Gautam Adani is now as wealthy as Bill Gates – rally in Adani group</a>

Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

<ul><li><keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword>’s $72 billion net worth has made him the sixth richest person in the world. </li><li>He is now richer than Tesla founder <keyword id="6355315" type="UNKNOWN" weightage="20" keywordseo="elon-musk">Elon Musk</keyword> ($68.6 billion) and Google founders <keyword id="100155" type="PERSON" weightage="20" keywordseo="Larry-Page">Larry Page</keyword> and <keyword id="100154" type="PERSON" weightage="20" keywordseo="Sergey-Brin">Sergey Brin</keyword>. </li><li>Just four days ago, Ambani — who runs oil-to-telecom conglomerate Reliance Industries — had crossed stock legend Warren Buffet in the billionaires list. </li></ul>Mukesh Ambani is richer than ever. Indian tycoon Mukesh Ambani has become the sixth richest person in the world with his $72.4 billion fortun, beating Tesla founder Elon Musk ($68.6 billion) and Google founders Larry Page and Sergey Brin, <a href="https://www.bloomberg.com/news/articles/2020-07-14/ambani-s-wealth-beats-tech-giants-elon-musk-and-google-founders">reported Bloomberg.</a> Just four days ago, Ambani — who runs oil-to-telecom conglomerate Reliance Industries — <a href="https://www.businessinsider.in/business/news/mukesh-ambani-beats-warren-buffet-on-the-list-of-billionaires/articleshow/76896889.cms">became richer than stock legend Warren Buffet</a> after Reliance’s stock rallied in the market. Since then, Ambani has added $4.1 billion more to his wealth. Reliance share price has jumped by 25.8% since January — with analysts expecting a lot more gains in the near future. <div type="image" title="Mukesh Ambani net worth" msid="76955257" hostid="261"></div> The sudden surge in Ambani’s wealth since April is because his three-year-old telecom arm Reliance Jio <a href="https://www.businessinsider.in/business/news/mukesh-ambani-jio-fiber-and-reliance-invit-set-to-raise-over-1-billion-from-abu-dhabi-and-saudi-sovereign-funds-for/articleshow/76888352.cms">has raised more than $15.6 billion in the last four month</a>s from Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, Saudi PIF (Public Investment Fund) and more. Ambani is said to be in<a href="https://www.businessinsider.in/business/news/akash-ambani-was-the-one-to-choose-facebook-the-next-big-investments-for-reliance-jio-and-the-ideas-sold-to-investors/articleshow/76316650.cms"> talks with Google for a $4 billion investment in Jio.</a> He also <a href="https://www.businessinsider.in/business/news/reliance-is-net-debt-free-after-rs-1-69-lakh-cr-fund-raising-mukesh-ambani/articleshow/76456786.cms">declared that the $100 billion Reliance Industries is now net debt-free</a> a lot earlier than the target of March 2021. In the last decade, Ambani has doubled his wealth and in 2020, as India’s richest are losing money, Ambani is gaining more. According to Bloomberg, Ambani is slowly shifting his focus from energy to e-commerce. The next wave of growth and value for Ambani and Reliance’s shareholders is likely from the retail vertical. Reliance Retail is already the country’s largest chain and is now likely to get even bigger, as Asia’s richest man focuses on <a href="https://www.businessinsider.in/business/news/mukesh-ambani-next-goal-seems-to-be-the-retail-king-of-india/articleshow/76953716.cms">becoming India’s retail king</a>. SEE ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-jio-fiber-and-reliance-invit-set-to-raise-over-1-billion-from-abu-dhabi-and-saudi-sovereign-funds-for/articleshow/76888352.cms">Mukesh Ambani is not done – Jio Fiber to get over $1 billion as Abu Dhabi and Saudi sovereign funds are set to invest in Reliance InvIT</a> <a href="https://www.businessinsider.in/thelife/news/9-mind-blowing-facts-that-show-just-how-wealthy-mukesh-ambani-the-richest-person-in-asia-really-is/articleshow/73671508.cms">9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is</a>

Mukesh Ambani’s $72 billion fortune makes him richer than Elon Musk and Google’s Larry Page and Sergey Brin

<keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> was born in Aden and grew up in Mumbai. Today he is the richest person in India and one among the most influential and powerful personalities on the earth. While he has proved his business acumen and talents to the whole world, he has so many other notable things about his personality. Here are a few interesting facts about Mukesh Ambani that are awe inspiring. Simple beginnings When Mukesh Ambani was young, their family lived in a simple 2-bedroom apartment in Mumbai. This was before the company his father founded, took off. He was hardly given pocket money during his youth and always used to travel in public transport. Loved playing hockey During his school days, Mukesh had a keen love for the game of hockey. He in fact lost his interest in studies due to his preoccupation with the game. A strict vegetarian and teetotaler Mukesh has never consumed alcohol in his life. He is also a pure vegetarian by food habits. His favorite foods are chapatti, rice and dal. He does not mind eating anywhere even from a roadside stall as long as he gets access to tasty food. Discontinued his MBA Mukesh pursued his MBA programme from the Stanford University. He had to drop from the college as he was called back at home to support his father who was at the process of setting up a Polyester Filament Yarn Manufacturing Plant. His nick name and public speaking capabilities His nick name is Muku. By nature Mukesh Ambani is a shy person and gets nervous while he has to address the public. He is the owner of the largest refinery in the world Mukesh commissioned a refinery in Jamnagar in <keyword id="6354766" type="LOCATION" weightage="20" keywordseo="Gujarat">Gujarat</keyword>. The refinery has a capacity of processing 668000 barrels in a single day. It is the largest refinery in the world today. He accounts for 5% of the country’s GDP The taxes paid by his firm <keyword id="10926" type="DOMAIN" weightage="20" keywordseo="Reliance">Reliance</keyword> Industries makes about 5% of the total tax revenues made by the country. Reliance Fresh consists of over 700 stores In 2006 Mukesh started a chain of stores called Reliance Fresh and the network consists of more than 700 stores across 93 cities of the country. Simple and loves watching movies Mukesh is simple in his nature and dressing. He always loves wearing a simple white shirt and black pants. He never follows any brand. He is a lover of films and watches about three movies in a week. His house is the most expensive one His house is today the most expensive residential property of the world. Antilla is located in South Mumbai. The value of this property is more than $1 billion. The house has 27 stories and supported by more than 600 staffs. He has his father’s photograph and his family photograph in every room of his property. He has a custom built car-bus vanity van He loves travelling in a customized car-bus vanity van that was ordered to be made for his taste. The worth of the van is around 25 crore in Indian money.

Interesting facts about Mukesh Ambani

<ul><li>As of 11.30 am, Reliance Industries’ share price stood at ₹2,289. </li><li>The spike in Reliance shares comes after Abu Dhabi’s royal family’s fund – Abu Dhabi Investment Authority – said it was investing $750 million in <keyword id="58448" type="COMPANY" weightage="20" keywordseo="Reliance-Retail">Reliance Retail</keyword>.</li><li>After raising over $20 billion for Jio Platforms, <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> is currently on an investment spree for his retail venture.</li></ul>Reliance is on a roll again as its share price rose by almost 4% on Wednesday morning. As of 11.30 am, Reliance Industries’ share price stood at ₹2,289. After raising over $20 billion for Jio Platforms, Mukesh Ambani is currently on an investment spree for his retail venture. Reliance’s share price has jumped by over 159% since March 23. <div type="image" title="RIL share price mar-oct" msid="78528829" hostid="261"></div> The spike in Reliance shares comes after Abu Dhabi’s royal family’s fund – Abu Dhabi Investment Authority – said it was investing <a href="https://www.businessinsider.in/business/news/reliance-retail-secures-750-million-from-adia-mukesh-ambani-has-now-raised-over-5-billion-for-retail-alone/articleshow/78517289.cms">$750 million</a> in Reliance Retail. This is the eight investment that Reliance Retail has raised in the last four weeks. Ambani has now raised a total of ₹37,710 crore or $5.1 billion for his retail venture from marquee investors Silver Lake, KKR, General Atlantic, Mubadala, GIC, TPG, and ADIA. So far, Mukesh Ambani has sold 8.47% stake in Reliance Retail – which is India’s largest retail chain with over 12,000 stores across 6,700 cities. This market rally has also helped Ambani become the 6th richest person in the world, with a total wealth of $84.8 billion, according to the <a href="https://www.bloomberg.com/billionaires/">Bloomberg Billionaires Index.</a> SEE ALSO: <a href="https://www.businessinsider.in/business/news/reliance-retail-secures-750-million-from-adia-mukesh-ambani-has-now-raised-over-5-billion-for-retail-alone/articleshow/78517289.cms">Reliance Retail secures $750 million from ADIA – Mukesh Ambani has now raised over $5 billion for retail alone</a>

Reliance share price soars as Mukesh Ambani continues with his fundraising blitzkrieg for retail venture

Mukesh Ambani added ₹90 crore per hour to his wealth in the last six months, says Hurun report

<keyword id="3820" type="General" weightage="100" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword>, Chairman and Managing Director, Reliance Industries, has been appointed as the member of <keyword id="223206" type="General" weightage="80" keywordseo="advisory-committee" source="Orion">Advisory Committee</keyword> to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). Mukesh Ambani joined other important global leaders on the COP28 Advisory Council such as Larry Fink, Chairman and CEO of BlackRock, Olafur Grimsson, Chairman of Arctic Circle (Former President of Iceland), Laurent Fabius, President of COP21 / Paris Agreement, Former Prime Minister of France, Francesco La Camera, Director General, International Renewable Energy Agency (IRENA), Bob Dudley, Chair of the Oil &amp; Gas Climate Initiative (OGCI), former CEO of BP. Mukesh Ambani is the only Indian, other than <keyword id="111359" type="General" weightage="50" keywordseo="sunita-narain" source="Orion">Sunita Narain</keyword>, Director General, Centre for Science and Environment, on the Advisory <keyword id="47865" type="General" weightage="80" keywordseo="committee" source="Orion">Committee</keyword> to the President of COP28. The COP28 UAE Advisory Committee brings together the climate expertise of thought leaders from countries across six continents. Representing policy, industry, energy, finance, civil society, youth, and humanitarian action, the 31 members of the Committee, of which 65 per cent are from the Global South, will provide guidance and counsel to the COP Presidency in the run up to COP28 and beyond. The UNFCCC Secretariat announced in January 2023 appointed <keyword id="2021753" type="General" weightage="50" keywordseo="sultan-ahmed-al-jaber" source="Orion">Sultan Ahmed Al Jaber</keyword>, Minister of Industry and Advanced Technology and UAE Special Envoy for Climate Change, as COP 28 President-Designate. UAE has been chosen to host the 28th session of the Conference of Parties (COP 28) to the UNFCCC (United Nations Framework Convention on Climate Change) from November 30, 2023 to December 12, 2023. It will be held at Dubai Expo City. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/lic-shares-surge-over-3-after-it-posts-a-five-fold-jump-in-q4-net-profit/articleshow/100495712.cms">LIC shares surge over 3% after it posts a five-fold jump in Q4 net profit</a> <a href="https://www.businessinsider.in/stock-market/news/adani-enterprises-titan-eicher-motors-tata-motors-reliance-and-other-big-companies-performance-in-nifty-50/articleshow/100474408.cms">Big boys drive Nifty50’s revenue and profit growth in FY23</a> <a href="https://www.businessinsider.in/business/corporates/news/gqg-partners-rajiv-jain-doubles-down-on-his-adani-bet/articleshow/100450041.cms">GQG Partners’ Rajiv Jain doubles down on his Adani bet</a>

Mukesh Ambani joins COP28 Advisory Committee

Reuters/Amit Dave <keyword id="3820" type="PERSON" weightage="20" keywordseo="Mukesh-Ambani">Mukesh Ambani</keyword> gets approximately $31,202 richer every minute. <ul class="summary-list"><li>Indian businessman Mukesh Ambani is <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">worth about $60 billion</a>, making him the richest person in India and all of Asia.</li><li>Forbes ranked <a href="https://www.forbes.com/sites/gracechung/2017/11/14/asia-richest-billionaire-families-2017-ambani-lee-kwok/#40d2fec62655">the Ambanis the richest family in Asia</a> in 2017.</li><li>Ambani, the chairman and largest shareholder of oil-to-telecom conglomerate Reliance Industries, is almost four times richer than <a href="https://www.forbes.com/profile/shiv-nadar/?list=rtb/">the second-richest person in India</a>.</li><li>Ambani and his family live in <a href="https://www.businessinsider.com/most-expensive-home-in-the-world-2014-5">a 27-story skyscraper in Mumbai</a> that cost an estimated $1 billion to build, which would make it one of the most expensive homes anywhere in the world.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories.</a></li></ul>Mukesh Ambani has been <a href="https://www.businessinsider.com/wealthy-indians-losing-money-mukesh-ambani-getting-richer-2019-10">India's richest person for 12 years</a> in a row. He's also the richest person in all of Asia, according to both Forbes and Bloomberg. The Indian businessman, the chairman and majority shareholder of <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">$100 billion conglomerate Reliance Industries</a>, is <a href="https://www.businessinsider.com/ambani-richest-family-in-asia-india-lifestyle-home-wedding-photos-2018-12">worth about $60 billion</a>, making him the 14th-richest person in the world. Ambani's wealth has more than doubled in the past 10 years, and he continued to grow richer in 2019 even as most of India's richest people lost money. Here are nine mind-blowing facts that show just how wealthy Asia's richest man really is.

9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is

<ul><li>The fortune of India’s richest man has swelled to $74.7 billion. </li><li><keyword id="10924" type="PERSON" weightage="20" keywordseo="Ambani">Ambani</keyword> is wealthier than several American business tycoons including Warren Buffett, Larry Ellison and Elon Musk, according to Forbes. </li><li>Just today, he has added $2.9 billion to his net worth. </li><li>Shares of Ambani led-Reliance Industries (RIL) surged to a new high on July 22, as they crossed the ₹2,000-mark for the first time </li></ul>There’s no stopping the money rush! Indian businessman Mukesh Ambani<a href="https://www.forbes.com/real-time-billionaires/#2e1acf463d78"> has become the fifth richest person </a>in the world with a fortune of $74.7 billion in his coffers. He is wealthier than American business tycoons including Warren Buffett, Larry Ellison and Elon Musk, according to Forbes. The recent rally in Reliance’s share price has added to Ambani’s wealth. Just today, he has added $2.9 billion to his net worth. Shares of Ambani led-Reliance Industries (RIL)<a href="https://www.cnbctv18.com/market/stocks/reliance-industries-shares-hit-rs-2000-mark-up-130-from-march-lows-6410811.htm"> surged to a new high on July 22, as they crossed the ₹2,000-mark for the first time</a>. RIL shares touched an all-time high of Rs 2,010 per share. In the past three months, RIL's stock price has grown around 48%. <div type="image" title="RIL Share Price" msid="77105958" hostid="261"></div> A week ago, Mukesh Ambani was on his course to become the fifth richest man but he <a href="https://www.businessinsider.in/business/news/mukesh-ambani-loses-over-2-billion-and-drops-down-four-places-in-the-billionaires-list-thats-how-important-the-ril-aramco-deal-is/articleshow/76992950.cms">lost about $2 billion dollars in a single day</a> after Reliance’s share fell by over 6% following an annual general meeting. <div type="Article" hostid="261" msid="76992941" title="JioPhone is Google and Ambani's second go at launching a smartphone — this time with help from Qualcomm" mstype="2" mssubtype="0"></div> Top 10 richest people in the world, as of July 22, according to Forbes <table style="border-width: initial; border-style: none; width: 468pt; table-layout: fixed;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Jeff Bezos </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$185.8 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bill Gates </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$113.1 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bernard Arnault and family </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$112 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mark Zuckerberg </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$89 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Mukesh Ambani </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$74.7 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Warren Buffet </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$72.7 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Larry Ellison </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$72.7 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Elon Musk </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$71.6 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Steve Ballmer </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$71.4 Billion </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Larry Page </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$69.4 Billion </td></tr></tbody></table> The reason behind this sudden surge in Ambani’s wealth since April is because his three-year-old telecom arm <a href="https://www.businessinsider.in/business/news/akash-ambani-was-the-one-to-choose-facebook-the-next-big-investments-for-reliance-jio-and-the-ideas-sold-to-investors/articleshow/76316650.cms">Reliance Jio has raised more than $20 billion in the last four months </a>from <a href="https://www.businessinsider.in/tech/news/google-may-put-4-billion-into-indias-reliance-jio-months-after-facebook-invested-5-7-billion/articleshow/76957941.cms">Google</a>, Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, Saudi PIF (Public Investment Fund) and more. READ ALSO: <a href="https://www.businessinsider.in/business/news/mukesh-ambani-owned-reliance-jio-compared-to-alibaba-and-tencent/articleshow/77059624.cms">If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio ⁠— only much smaller for now</a> Jio is <a href="https://www.businessinsider.in/tech/mobile/news/jio-google-qualcomm-deal-for-new-4g-smartphone-jiophone/articleshow/76992941.cms">now planning to work on a new smartphone</a> for the Indian market. Backed by the likes of Qualcomm and Google, Jio’s smartphone may emerge as a serious threat to the Chinese peers like Xiaomi, Vivo and Oppo who dominate India’s smartphone market. In the last decade, Ambani <a href="https://www.businessinsider.in/thelife/personalities/news/mukesh-ambani-is-now-richer-than-elon-musk-and-google-founders-larry-page-and-sergey-brin/articleshow/76955217.cms">has doubled his wealth and in 2020</a>, as India’s richest are losing money, Ambani is gaining more. According to Bloomberg, Ambani is slowly shifting his focus from energy to e-commerce. The next wave of growth and value for Ambani and Reliance’s shareholders i<a href="https://www.businessinsider.in/business/news/mukesh-ambani-next-goal-seems-to-be-the-retail-king-of-india/articleshow/76953716.cms">s likely from the retail vertical.</a> Reliance Retail is already the country’s largest chain and is now likely to get even bigger, as Asia’s richest man focuses on becoming India’s retail king. SEE ALSO: <a href="https://www.businessinsider.in/thelife/news/9-mind-blowing-facts-that-show-just-how-wealthy-mukesh-ambani-the-richest-person-in-asia-really-is/articleshow/73671508.cms">9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is</a> <a href="https://www.businessinsider.in/science/health/news/coovid-vaccine-from-oxford-serum-institute-and-astrazeneca-shows-promising-immune-response/articleshow/77069321.cms">The COVID-19 vaccine from Oxford and AstraZeneca shows 'promising' results in early human trials</a> <a href="https://www.businessinsider.in/careers/news/from-intel-and-wipro-to-tcs-and-google-here-are-the-top-job-openings-in-the-multinational-companies/articleshow/77058769.cms">From Intel and Wipro to TCS and Google— Here are the top job openings in the multinational companies</a>

You Searched For "Mukesh Ambani" and got 8 results

Mukesh Ambani gets his ‘richest Indian’ crown back with a wealth of $104.4 billion

Rounak Jain

Mukesh Ambani’s $72 billion fortune makes him richer than Elon Musk and Google’s Larry Page and Sergey Brin

BI India Bureau

Interesting facts about Mukesh Ambani

BI India Bureau

Reliance share price soars as Mukesh Ambani continues with his fundraising blitzkrieg for retail venture

Sanchita Dash

Mukesh Ambani added ₹90 crore per hour to his wealth in the last six months, says Hurun report

Sanchita Dash

Mukesh Ambani joins COP28 Advisory Committee

IANS

9 mind-blowing facts that show just how wealthy Mukesh Ambani, the richest person in Asia, really is

Katie Warren

Mukesh Ambani is now the fifth richest person in the world, according to Forbes

BI India Bureau

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