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Mukesh Ambani now richer than Elon Musk, Google founders

Mukesh Ambani is the only Asian among the world's top ten richest people, according to the Bloomberg Billionaires Index.

July 15, 2020 / 01:33 AM IST

Billionaire Mukesh Ambani' wealth has now surpassed the net worths of Tesla's Elon Musk and Google co-founders Sergey Brin and Larry Page.

The Reliance Industries (RIL) Chairman's net worth is $72.4 billion, making him the world's sixth richest person, according to the Bloomberg Billionaires IndexWhile Musk's net worth is worth $68.6 billion, Page's wealth is currently $71.6 billion and Brin's is at $69.4 billion.

RIL's share price has increased since March, after its telecom unit Jio Platforms received funding from several global investors, including Facebook, KKR and Intel.

Also Read: RIL now 51st most-valued firm in the world, among top 10 in Asia

On June 19, RIL said company has become net debt-free ahead of its targeted date of March 31, 2021, due to its rights issue and the investments into Jio Platforms.

Ambani's wealth recently surpassed that of renowned investor Warren Buffett, according to the Bloomberg Billionaires Index. Ambani is the only Asian among the world's ten richest people.

Disclaimer: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.

Moneycontrol News
first published: Jul 14, 2020 01:48 pm