Business

Mukesh Ambani Becomes World's Fifth Richest as RIL Shares Rises

Mukesh_Ambani_Becomes_World039s_Fifth_Richest_as_RIL_Shares_Rises_
  • On Wednesday, Reliance Industries shares hit a new high of ?2,010
  • Amazon founder and CEO Jeff Bezos are at the top position in the list, with a net worth of $185.8 billion, according to Forbes' Real-Time Billionaires List.

Chairman of oil-to-telecom conglomerate Reliance Industries Mukesh Ambani's shares now the world's fifth-richest person, according to the Real-Time Billionaires List by Forbes magazine.

With an estimated wealth at $75 billion ( ?5.61 lakh crore at $1 = ?74.76) after a 4.49% increase from earlier, the Indian billionaire is now just below Facebook's Mark Zuckerberg, whose net worth is at $89 billion.

On Wednesday, Reliance Industries shares hit a new high of ?2,010. Year to date, RIL shares are up about 35%, taking its market capitalization to ?12.70 lakh crore.

According to the Forbes list, Amazon founder and CEO Jeff Bezos is at the top position in the list, with a net worth of $185.8 billion.






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