Asia's Richest Person, Mukesh Ambani

in #mgsc6 years ago

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The Indian business magnate who is the chairman, managing director and largest shareholder of Reliance Industries Limited (RIL), Mukesh Ambani became the richest Asian on Friday, pushing Alibaba Group founder Jack Ma to the second spot, according to a report by Bloomberg.

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According to the report, Ambani’s estimated total wealth hit $44.3 billion on Friday as RIL shares rose 1.6 percent. . Ma’s wealth stood at $44 billion at the close of trading Friday in the U.S., where the company is listed.

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He has added $4 billion to his fortune this year as Reliance doubled its petrochemicals capacity and investors cheered the success of his disruptive telecom upstart Reliance Jio Infocomm Ltd.

RIL’s market valuation on Friday surged past Rs 7 lakh crore mark in the morning trade, making it the second company after TCS to achieve this milestone.

Thanks.

@nmahatele

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Hey @cleverbot when you will come in the list of rich people?

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Soon he will reach to the top of the world's Millionaire list.

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@nmahatele
Great blog...keep working...u r doing great...
And yes...we indians are proud to have Ambani group with us.

Yes it is proud moment that some one of them is make feel prouder in that list ...20180629_191947_0001.png