1. US rules out bailout for Silicon Valley Bank, auctions reportedly underway 2. Apple CEO Tim Cook backs AR/VR headset, likely to launch this year 3. Infosys’ Mohit Joshi joins Tech Mahindra as MD and CEO

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

RIL-Ambani
Spread the love

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.

Claim Free Bets
    DRISHTI SHARMA

    DRISHTI SHARMA

    All Posts

    Related Post

    View All

    Maharashtra to cut VAT on fuel prices: Shinde

    July 4th, 2022 | DRISHTI SHARMA

    Spread the loveNagpur: Newly-elected Maharashtra chief minister Eknath Shinde on Monday announced in the assembly that the...

    Gandhi hated poverty and supported entrepreneurship:...

    October 2nd, 2021 | SRUSHTI ATKARE

    Spread the loveChennai: Today marks the 152nd birth anniversary of father of the nation Mahatma Gandhi. The world remember...

    Black Swan! A buzzword currently in sway, let’s find...

    June 22nd, 2022 | NISHA HIRANI

    Spread the loveThe Reserve Bank of India (RBI) has discussed the possibility of $100 billion in capital outflows from Indi...