Business

Mukesh Ambani Earned Rs. 90 Crore Every Hour Since Lockdown

Mukesh_Ambani_Earned_Rs_90_Crore_Every_Hour_Since_Lockdown

India's richest man Mukesh Ambani, who surged past Silicon Valley tech titan Elon Musk and Alphabet co-founders Sergey Brin and Larry Page to become the world's fourth-richest person, has earned ?90 crore every hour since the March lockdown this year, according to IIFL Wealth Hurun India Rich List 2020.

Mukesh Ambani’s personal wealth rose by ?2,77,700 crore to ?6,58,400 crore with the Reliance Industries MD and chairman retaining the richest Indian title for the ninth consecutive year, IIFL Wealth Hurun India Rich List 2020 mentioned.

At the beginning of the coronavirus pandemic, Mukesh Ambani’s wealth dropped by 28% to ?3,50,000 crore and then backed by a series of fund raising and strategic investment from Facebook, Google among others into Jio and Reliance Retail, his valuation improved by 85% in just four months.


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