Hey Guyz welcome back to my blog, Today I have brought an articles about India's richest man Mukesh Ambani, now became Asia's richest man.
As you all know, Mukesh Ambani is the chairman of Reliance Industries Ltd, has become the richest person in Asia. He left behind Alibaba group founder Jack Ma. On Friday, the total assets of Reliance Industries is estimated at $ 44.3 billion. While Jack Ma's total assets are estimated to be $ 44 billion.
Reliance Industries rose by 1.7 percent on Friday. This year Ambani's assets have increased by a total of four billion dollars. The biggest role behind Ambani's success is being considered as Reliance Jio, which he had launched almost two years back. Meanwhile, Jack Ma Alibaba Group lost $ 1.4 billion this year.
Mukesh Ambani got the benefit of doubling his petrochemicals capacity by Reliance's report. Keep in mind that this year Mukesh Ambani had told in his group AGM that by 2025 Reliance will double.
Keep in mind that Mukesh Ambani's Reliance Industries had a good share in the stock on Thursday and its market capitalization again crossed the $ 100 billion mark. Its market capitalization went up to Rs 6.89 lakh crore. Earlier, Reliance had crossed the $ 100 billion market cap figure for the first time in October 2017.
Content written by - https://www.bloomberg.com/news/articles/2018-07-13/who-is-mukesh-ambani-asia-s-newest-richest-man-quicktake
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