Mukesh Ambani Bags 5th Position In The List Of World’s Richest People

Mumbai: Chairman of Reliance Industries, Mukesh Ambani is the 5^th richest person in the world.

According to the Real-Time Billionaires List by Forbes magazine, Mukesh Ambani has an estimated wealth of $75 billion (₹5.61 lakh crore) after a 4.49% increase in his total wealth.

The Reliance Industries shares hit a new high of ₹2,010 on Wednesday, thereby adding to his total net worth and making him the fifth richest person in the world.

He is now just below Facebook’s Mark Zuckerberg, whose net worth is at $89 billion.

According to the Forbes list, Amazon founder and CEO Jeff Bezos is at the top position with a net worth of $185.8 billion.

During the company’s all-important Annual General Meeting (AGM) on July 15, Mukesh spoke about Jio’s deal with Google to develop-android based operating system, the AR-enabled Jio Glass and the Jio TV+ among others.

Last month, he was the only Asian tycoon in the list of world’s top 10 richest people.

Reliance sold nearly 33% stake in Jio Platforms to several investors including tech giants Facebook, Google, Qualcomm Ventures etc in the last few months.