Proud moment for Mukesh Ambani after beating Elon Musk And Google Founders.
Last week the count of the total wealth of Reliance Industries Limited chairman, $72.4 billion, surpassed Warren Buffett’s last week.
According to a recent survey, the richest man of India has surged past co-founders of Alphabet, Larry Page and Sergey Brin and Silicon Valley tech giant, Elon Musk. He has made it right to the sixth position in the list of the world’s richest people.
Net worth of $72.4 billion:
Good News! It is a time to rejoice for the chairman of Reliance Industries Limited, Mukesh Ambani, as last week his wealth surpassed Warren Buffett’s riches. The facts were brought to limelight by the Bloomberg Billionaires Index.
The conglomerate shares have managed to get an edge over others, since March, in a remarkable manner. This was made possible after the digital unit received billions in investments. The companies which made this happen are:
Silver Lake, Facebook, and Qualcomm.
Mukesh Ambani: Richer than Sergey Brin, Larry Page, and Elon Musk
Mukesh Ambani is slowly shifting the focus of the empire towards e-commerce, which is here to stay in the present times. Several tech giants are making a desperate attempt to take a piece of fast-growing digital business in India.
The second most populous country in the world has recently witnessed a striking spike in terms of foreign interest in its financial system, particularly from Silicon Valley.
Google has also made an announcement to invest $10 billion in the country, in the coming years, for the purpose of accelerating the acceptance of digital technologies in India.
A sudden drop was noted in the tech shares of the U.S. on Monday. Presently Sergey Brin’s stands at net worth of $69.4 billion, Page’s fortune is at $71.6 billion, and Tesla’s Elon Musk is of $68.6 billion worth. These times also witnessed a drop in the net worth of Warren Buffett, last week, after he donated $2.9 billion for a noble cause.