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Mumbai14 hours ago
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- On August 8, he was ranked fourth in the Bloomberg Billionaires Index in the ranking of wealthy businessman
- On 14 July, Mukesh Ambani reached number six in the list of world’s richest people.
Mukesh Ambani is now out of the top-10 in the list of world’s richest businessman. According to Bloomberg Billionaires Index on Saturday, Mukesh Ambani came in at number 11 with a net worth of $ 72.2 billion (Rs 5.35 lakh crore). The list is topped by Amazon owner Jeff Bezos with a net worth of $ 183 billion.
Top 5 in August included
On July 14 this year, Mukesh Ambani reached number six in the list of world’s richest people. His total assets at that time were Rs 5.36 lakh crore. Within just 8 days, his assets had increased by Rs 1.21 lakh crore to Rs 6.57 lakh crore on 23 July. He became the fifth richest man in the world.
Mukesh saw a sharp rise in net worth due to the sharp rise in the shares, leading to a net worth of $ 80.6 billion (Rs 5.96 lakh crore). On August 8, he was ranked fourth in the Bloomberg Billionaires Index in the ranking of wealthy businessman.
Effect of fall in shares
There has been a sell-off in Reliance shares last week. On September 16, the company’s stock was trading at a price of Rs 2,324.55, which slipped 18% to close at 1,899.50 on November 20. At the same time, in 45 days the market cap of Reliance Group in NSE has also come down from Rs 15.68 lakh crore to Rs 2.97 lakh crore to Rs 12.71 lakh crore.
World’s top-5 wealthiest businessmen
|Rank||Name||Total net worth||company|
|1.||Jeff bezos||13.57 lakh crores||Amazon|
|2.||Bill Gates||9.49 lakh crores||Microsoft|
|3.||Elon Musk||8.97 lakh crores||Tesla|
|4.||Bernard Arnault||7.78 lakh crores||LVMH|
|5.||Mark zuckerberg||7.56 lakh crores|
At the top of the list is Amazon owner Jeff Bezos. Jeff’s net worth has increased by Rs 5 lakh crore in 2020. In second place is Bill Gates. Elon Musk has grown the most in networth over the year. This year, Musk’s net worth has increased by Rs 6.9 lakh crore to Rs 8.97 lakh crore.