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.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Will depend on situation, no problem if someone else leads: Mamata Banerjee on being face of Oppn

48% parents not willing to send their kids to schools till they get Covid vaccines: Survey

CM Bommai holds first Cabinet meet; schemes announced

Rahul rejects govt charges on Parliament disruption, says Opposition united on Pegasus

Will work for development of state: CM Bommai assures PM Modi

Congress urges new CM Basavaraj Bommai to “rectify injustice” to K’taka

PM Modi to address education community on first anniversary of NEP


Related Articles More

Airtel discontinues Rs 49 prepaid recharge, raises entry-level pricing

Hyundai pitches for import duty cut on EVs

Sensex tumbles for 2nd day as Asian sell-off deepens on China crackdown; Dr Reddy’s tanks 10 pc post earnings

Bajaj Auto, Pierer Industrie AG to rejig shareholding in KTM

No plan to print currency notes to tide over crisis, says FM

MUST WATCH

Basavaraj bommai family celebration

Pregnent lady may get Covid vaccine : Actress Chaitra rai

Uses of Nelanelli Gida | Bhumi Amla (Phyllanthus niruri) – Benefits

Udayavani News bulletin 27-July-2021

DR. MOHAN ALVA’S THOUGHTS ON CORONA

Latest Additions

19-year-old sets record for the youngest woman to fly solo around the world

Instagram reel about Bengaluru roads, BBMP official responds

Will depend on situation, no problem if someone else leads: Mamata Banerjee on being face of Oppn

48% parents not willing to send their kids to schools till they get Covid vaccines: Survey

Kundapura: Cycle rider dies after collision with car

Thanks for visiting Udayavani

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