Mukesh Ambani left Asia's richest, Jack Ma behind
new Delhi. Reliance Industries chairman Mukesh Ambani has become the richest person in Asia after leaving the founder of the Alibaba Group behind Jack Ma. This year, Ambani's wealth has increased by 27.2 billion rupees.
According to Bloomberg's Billonney's Index, Mukesh Ambani's net worth is Rs 3.012 lakh crore ($ 44.3 billion) on Friday. Reliance shares broke the level of Rs 11,00 yesterday. Jack Ma's Alibaba Group lost $ 1.4 billion this year.
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This year, Ambani's wealth has increased by 27.2 billion rupees. During this, Reliance increased its petrochemical capacity doubled and the 4G service also got great success. This month, in Reliance's AGM, Mukesh Ambani announced to increase his e-commerce business on the lines of Amazon and Walmart with 21.5 million telecom customers.
On the other hand, in the year 2018, Jack Ma's wealth of Rs 9,500 crore has been reduced. Reliance plans to launch broadband and DTH services from August 15 in 1100 cities. Since this announcement, the stock of Reliance is seeing rapid growth. Reliance joined the club again in the $ 100 billion club on Thursday.
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