Udayavni Special

Mukesh Ambani surpasses Warren Buffet to become world’s 7th richest person


Team Udayavani, Jul 10, 2020, 9:07 PM IST

New Delhi: Reliance Industries (RIL) Chairman Mukesh Ambani surpassed Warren Buffet to become the seventh richest person in the world, according to the Forbes Real Time Billionaires Index.

As per the latest Forbes data, Ambani”s net worth rose $2 billion on Friday and currently stands at $70.1 billion. With a net worth of $68.1 billion, Warren Buffet is at the eight spot.

Ambani’s rise among the world’s richest individuals has been boosted by the recent continuous surge in the share price of Reliance Industries (RIL) owing to the recent investments coming into its technology and telecom arm Jio Platforms from global marquee investors. Jio Platforms has raised Rs 1.17 lakh crore so far in just over two months.

On Friday, RIL shares on the BSE hit a fresh all-time high of Rs 1,884.40. Following the surge in share prices, the oil-to-telecom major”s market capitalisation crossed Rs 11.90 lakh crore.

Amazon CEO Jeff Bezos holds the first rank with a net worth of $186.8 billion, followed by Bill Gates in the second position with a net worth of $110.5 billion.

Forbes” Real-Time Billionaires ranking tracks the daily ups and downs of the world”s richest people. Individuals whose fortunes are significantly tied to private companies will have their net worths updated once a day.

Top News

Bengaluru: Police arrests accused of sharing derogatory post, 110 people for violence

COVID-19 hits Hockey: India men’s training camp uncertain after 6 positive cases

Chitradurga: 5 charred to death after bus catches fire

Narayan Murthy warns GDP growth may hit lowest point since 1947

2 killed, 3 inured as violence breaks out against social media post by Congress MLA’s alleged aide

Dakshina Kannada district police uncover huge network of inter-State marijuana smugglers

K’taka COVID-19 update: 6257 new cases; 6473 discharges; 86 deaths on Aug 11



Related Articles More

Narayan Murthy warns GDP growth may hit lowest point since 1947

Hyundai Creta crosses 5 lakh cumulative sales milestone in domestic market

Indian users can now create virtual visiting cards on Google Search

GoAir told to pay daily to use AAI airports from August 11

Govt abolishes Cotton Advisory Board; notifies change in status of textiles research associations

MUST WATCH

Russia becomes first country to develop COVID vaccine? Putin’s daughter inoculates?

EXPOSED | Peacocks of Bangalore are in threat from Sewage | Udayavani

Karnataka SSLC Results 2020 Declared | Udayavani

Belthangady : A massive landslide near Mittagabilu village

SSLC results: Nidhi Rao from DK dist amongst second toppers in state

Latest Additions

Bengaluru: Police arrests accused of sharing derogatory post, 110 people for violence

COVID-19 hits Hockey: India men’s training camp uncertain after 6 positive cases

Forensic lab starts probe in Disha Salian death case

Chitradurga: 5 charred to death after bus catches fire

Militant gunned down, soldier martyred in JK’s Pulwama encounter

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.