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.