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Monday, October 18, 2021

Mukesh Ambani Enters World’s Unique $100-billion Membership Alongside Jeff Bezos, Elon Musk

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Mukesh Ambani, Chairman and Managing Director of Reliance Industries. (Picture: Reuters)

Mukesh Ambani, the 64-year-old Asia’s richest particular person, is ranked eleventh amongst others within the $100-billion membership.

Reliance Industries Restricted (RIL) Chairman Mukesh Ambani entered the unique $100-billion membership after the inventory of his conglomerate surged on October 8 – taking his web value $100.6 billion, in response to Bloomberg Billionaire Index.

The 64-year-old Asia’s richest particular person is now within the firm of 10 others together with Jeff Bezos, Elon Musk, Warren Buffet and Larry Web page amongst others. He’s ranked eleventh amongst others within the $100-billion membership.

Ambani, on September 3, reiterated his dedication to speculate Rs 75,000 crore over the following three years in inexperienced vitality initiatives, together with the Dhirubhai Ambani Inexperienced Vitality Giga Complicated in Jamnagar, as the worldwide vitality behemoth shifts its focus from hydrocarbons to renewable energy.

In June, Ambani together with Adani Group founder and Chairman Gautam Adani had overtaken Chinese language billionaires like Jack Ma within the world wealth rankings.

With a web value of $222.1 billion, the record is topped by SpaceX and Tesla’s founder Elon Musk adopted by Amazon’s Jeff Bezos with $190.8 billion.

Ambani’s retail and know-how ventures raised practically $27 billion in 2020 by promoting stakes to traders together with Fb Inc. and Google to KKR & Co. and Silver Lake.

Disclaimer:News18.com is a part of Network18 Media & Funding Restricted which is owned by Reliance Industries Restricted that additionally owns Reliance Jio.

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