Mukesh Ambani | Mukesh Ambani in the list of 10 richest people in the world, what is the total wealth?
Reliance Industries chairman Mukesh Ambani has now made it to the list of the 10 richest people in the world.
MUMBAI:
Reliance Industries chairman Mukesh Ambani, who has topped the list of the world's 10 richest people for the past eight years, has now made it to the list of the 10 richest people in the world. According to the Bloomberg Billionaires Index, Mukesh Ambani is ranked 9th with a net worth of 64 64.5 billion, or about Rs 5,000 crore. Mukesh Ambani is the only Asian businessman to make the list (World's 10 Richest Person).
Mukesh Ambani, who has a 42% stake in Reliance Industries, has benefited the most from the company's digital unit Jio Platform Limited. Corona is causing huge losses to companies around the world. However, Reliance's share price doubled after March.
Reliance became a debt free company
Reliance Industries is completely debt free, Mukesh Ambani said on Friday (June 20). The company's debt has come down to zero in the last two months after a rights issue and Rs 1.69 crore from global investors. Reliance repaid its loan 9.5 months ahead of schedule. 10 big global companies like Facebook, Silver Lake Partner, KKR have invested in Reliance Jio. According to a study, by 2025, Geo will account for 48 per cent of the Indian telecom market.
Mukesh Ambani's father's business debut
After completing his education at Stanford Business School, Mukesh Ambani took his first step in business in 1980 at the behest of his father Dhirubhai Ambani. After the death of Dhiru Bhai in 2002, a business dispute between brother Anil Ambani and Mukesh Ambani split.
After that, Mukesh Ambani took over the refineries, petrochemicals, oil and gas and textile industries. Reliance Industries is currently India's largest company in terms of revenue (Worlds 10 Richest Person).
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