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Mukesh Ambani: Mukesh Ambani is again richest Asian as China's Zhong loses $22 billion

Mukesh Ambani spent most of the past two years leading the ranking of Asias richest people, taking over from Alibaba Group Holding Ltd.s Jack Ma. ....

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Mukesh Ambani news | Mukesh Ambani becomes richest Asian again, overtakes China's bottled water king Zhong Shanshan

Updated Feb 26, 2021 | 17:29 IST
According to the Bloomberg Billionaires Index, the Chinese tycoon is worth $76.6 billion, down more than $22 billion from a peak just last week
Mukesh Ambani becomes richest Asian again, overtakes China s bottled water king Zhong Shanshan | Photo Credit: BCCL
Key Highlights
Ambani is again richer than Zhong Shanshan, whose bottled-water company tanked a record 20 per cent
Zhong grabbed the title from Ambani at the end of December and by early 2021 was the sixth-wealthiest person on Earth, surpassing Warren Buffett
Ambani s current net worth is $82.8 billion, down from nearly $90 billion (around Rs 6.62 lakh crore) last year
New Delhi: Mukesh Ambani is once again being the wealthiest person in Asia. With a net worth of about $80 billion, Ambani is again richer than Zhong Shanshan, whose bottled-water company tanked a record 20 per cent this week. ....

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Mukesh Ambani: Latest Mukesh Ambani News, Designation, Education, Net worth, Assets

Mukesh Ambani News
Reliance Industries gets shareholders, creditors OK for hiving off O2C business into separate entityIn February, RIL had announced the contours of spinning-off its oil refining, fuel marketing and petrochemical (oil-to-chemical) business into an independent unit with a USD 25 billion loan from the parent, as it looked to unlock value by settling stakes to global investors like Saudi Aramco.
Ambani security scare: National Investigation Agency searches hotel in MumbaiSuspended Mumbai police officer Sachin Waze, whom the NIA arrested last month in connection with the security scare outside Ambani s residence, was recently brought by the probe agency to the Babulnath area as part of its probe into the case, he said. ....

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mukesh ambani net worth: RIL's weak Q3 earnings make Mukesh Ambani lose $5.2 billion in one day

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MUMBAI: It was not a good Monday for Mukesh Ambani, the owner of India’s largest listed company
Reliance Industries, as RIL stock tanked over 5 per cent leading to a notional loss of wealth worth close to $5.2 billion for the family.
The notional wealth lost by the Ambani family today was greater than the market capitalisation of several Nifty50 companies and was equivalent to losing $13 million per minute of today’s trade.
Today’s loss will likely push Ambani to the 12th place in the Bloomberg Billionaires’ Index, where his position was at No. 11 at the time of publishing. According to the index, Ambani’s wealth was at $79.2 billion prior to today’s stock price crash. ....

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Mukesh Ambani news | RIL stocks tank over 5% post weak Q3 earnings, Mukesh Ambani losses $5.2 billion in a day

Updated Jan 25, 2021 | 17:18 IST
The weak topline performance of the company was attributable to the continued struggles of the refining business and retail business of the company due to the Covid-19 pandemic
RIL stocks tank over 5% post weak Q3 earnings, Ambani losses $5.2 billion in a day | Photo Credit: BCCL
Mumbai: As RIL stock fell 5 per cent intraday on Monday, Mukesh Ambani, Chairman of India’s largest listed company, will see a notional loss of wealth close to $5.2 billion, as reported by ET.
Currently, Ambani s place in the Bloomberg Billionaires’ Index is at No. 11, and today s loss will likely push him to 12th place. According to the index, Ambani’s wealth was at $79.2 billion prior to today’s stock price crash. ....

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