According to Bloomberg Billionaires Index
, Asia’s richest man Mukesh Ambani has added $17 billion (₹12,10,37,11,00,000 approx) to his wealth in 2019.
This means, his net worth has increased to a whopping $61 billion (₹43,43,09,63,00,000 approx).
On the other hand, Alibaba’s Co-Founder, Jack Ma’s net worth grew by $11.3 billion and Amazon’s CEO Jeff Bezos lost $13.2 billion wealth as of December 23.
Reports suggest, Ambani’s newer businesses are likely to contribute to 50% of Reliance’s earnings in the near future, which is 32% right now.
The sudden rise in wealth was apparently fueled by a 40% jump in the shares of his company, Reliance Industries Ltd.