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MixIndia > Blog > News > Tech News > Mukesh Ambani : 6th Richest Man in the world beating the Chinese
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Mukesh Ambani : 6th Richest Man in the world beating the Chinese

Prashant P Patil
July 14, 2020 8:33 pm 8:33 pm
Prashant P Patil
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Reliance Industries Chairman and Managing Director Mukesh Ambani has topped the list of top 10 billionaires in the world. According to the Bloomberg Index, Mukesh Ambani has assets worth Rs 5.44 lakh crore ($ 72.4 billion). With this, Ambani has overtaken Google founder Larry Page, Tesla chief Elon Musk, Oracle Corp chief Larry Erison and the world’s richest man, Franോois Bettencourt mayors, to become sixth. Mukesh Ambani is the only Asian on the list. Ambani also defeated Chinese billionaires Tencent boss Pony Ma and Alibaba boss Jack Ma.

On July 13, Ambani’s assets rose $ 2.17 billion to $ 72.4 billion. He is also the richest man in India and Asia. Mukesh Ambani is all set to join the world’s top five richest clubs soon. It is known that Google will soon make a huge investment in Geo as well.

Another notable addition here is that Ambani has assets worth over Rs 5.44 trillion, the next five billionaires in India – Aziz Premji ($ 16.9 billion), Shivdar ($ 15.8 billion), Gautam Adani ($ 12.6 billion) and Radhakrishnan ($ 11.8 billion). Cyrus Poonawala ($ 11.8 billion).

Ambani, which owns a 42% stake in Reliance, has gained foreign investment in the company’s digital arm, Geo Platforms. Many companies in the US and UAE have invested in Geo. Recently, Mukesh Ambani announced that Reliance Industries has become a debt-free company. In August 2019, Mukesh Ambani had promised shareholders that he would settle all liabilities before March 2021.

Amazon founder Jeff Bezos is the world’s biggest billionaire. Assets are worth $ 184 billion. Second place went to Microsoft founder Bill Gates ($ 115 billion). LVMH Chairman and CEO Bernard Arnold ($ 94.5 billion), Facebook CEO Mark Zuckerberg ($ 90.8 billion) and Steve Ballmer ($ 74.6 billion) are next in line.

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ByPrashant P Patil
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