Mukesh Ambani inching closer to elite club of world’s top five billionaires

Reliance Industries Ltd (RIL) Chairman and Managing Director, Mukesh Ambani has becomes the world’s sixth richest man, surpassing Alphabet co-founder Larry Page.

According to data on the Bloomberg Billionaires Index, Ambani’s real-time net worth has increased by $ 217 billion to 72.4 billion (Rs 5.44 lakh crore) on Monday. He is now inching closer to elite club of world’s top five billionaires.

Ambani’s net worth of Rs 5.44 lakh crore is higher than the combined net worth of India’s next five billionaires—Azim Premji ($16.9 billion), Shiv Nadar ($15.8 billion), Gautam Adani ($12.6 billion), Radhakishan Damani ($11.8 billion) and Cyrus Poonawala ($11.8 billion).