Asia's Richest Man: Mukesh Ambani Reclaims The Title

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Asia’s Richest Man: Mukesh Ambani Reclaims The Title

| Updated: June 3, 2022 18:04

Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited (RIL), has reclaimed the title of India’s and Asia’s richest man, succeeding Adani Group Chairman Gautam Adani.

Mukesh Ambani’s net worth has grown to $99.7 billion, according to Bloomberg Billionaire Index, while Gautam Adani’s net worth is $98.7 billion.

According to the Bloomberg Billionaire Index, Mukesh Ambani is the tenth richest person on the planet. RIL’s chairman is the wealthiest person in India and Asia.

On the global billionaire list, Ambani is followed by Gautam Adani. In the Bloomberg Billionaire index, Adani is placed ninth.

Mukesh Ambani’s fortune has risen thanks to a rise in RIL shares. RIL’s stock has risen by more than 16% so far this year. In the last week, the stock has risen 6.79 percent.

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