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Ambani makes his way into World’s exclusive $100 Billion club

RIL-Ambani
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Nagpur: Asia’s richest person and Reliance Industries chief Mukesh Ambani has joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club. Ambani’s fortune is worth at least $100 billion.

Reliance chairman entered the rarefied group of 11 men as his tocks climbed to a new record high on Friday. According to the Bloomberg Billionaires Index, Ambani is now worth $100.6 billion after his wealth increased by $23.8 billion in 2021.

Shares of Ambani’s retail-to-telecom hit a new intra-day peak of Rs 2,684, up by over 3 per cent on Friday. The stock gained over 4 per cent in the past two trading sessions after the announcement of 7-eleven stores in India.

The surge in RIL stock propelled the market capitalisation of the company to Rs 17.64 lakh crore.

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    DRISHTI SHARMA

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