Mukesh Ambani is now 4th richest man in world

  • by Staff@ TSD Network
  • August 8, 2020
mukesh-ambani-richest-man

Indian business tycoon and billionaire, Mukesh Ambani is now the world’s fourth-richest man. The chairman of oil-to-telecom conglomerate Reliance Industries, Mukesh Ambani secured the fourth position in Bloomberg Billionaires Index.

Now only three names featured ahead of Ambani that is, Jeff Bezos, Bill Gates, and Mark Zuckerberg respectively. According to the list that shows the ranking of the world’s richest people, Ambani is wealthier than Bernard Arnault, Warren Buffett, Steve Ballmer, Larry Page, Sergey Brin, Elon Musk, and more.

Ambani has jumped ten places on the Index since January as shares of his giant surged over 145% from a low of Rs 867.82 in March after the company got Zuckerberg’s Facebook onboard. Ambani’s appearance among the top 5 billionaires is significant for a lot many reasons, mainly because for decades, the world’s five richest comprised a little-changed group dominated by Americans, one or two Europeans and occasionally a Mexican.

Here’s The Complete List of Top 10 Richest People In The World

THE RICHEST NET WORTH
JEFF BEZOS $187B
BILL GATES $121B
MARK ZUCKERBERG $102B
MUKESH AMBANI $80.6B
BERNARD ARNAULT $80.2B
WARREN BUFFETT $79.2B
STEVE BALLMER $76.4B
LARRY PAGE $71.3B
SERGEY BRIN $69.1B
ELON MUSK $68.7B

Following these names are Francoise Bettencourt Meyers, Larry Ellison, MacKenzie Scott, Rob Walton, Jim Walton, Alice Walton, Amancio Ortega, Charles Koch, Julia Flesher Koch, Pony Ma, Jack Ma, Carlos Slim, Jacqueline Mars, John Mars, Dan Gilbert, Francois Pinault, Phil Knight, Michael Dell, Giovanni Ferrero, Hui Ka Yan, Len Blavatnik, Laurene Powell Jobs, Colin Huang, Alain Wertheimer, Gerard Wertheimer, Abby Johnson and more.

Notably, Ambani has slowly been shifting his focus to e-commerce, with tech giants like Google, Facebook, Intel, Qualcomm, etc., seeking to take a piece of India’s fast-growing digital business.

Google said last month it will spend $10 billion in the coming years to help accelerate the adoption of digital technologies in the world’s second-most populous nation.

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Staff@ TSD Network

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