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Mukesh Ambani
In a major development, Mukesh Ambani, the chairman of Reliance Industries Ltd (RIL), has witnessed a significant surge in his net worth, making him the ninth richest individual in the world, reports Economic Times.
With a net worth of $64.5 billion, Ambani is the only Asian to feature among the top 10 richest people on the planet as per Bloomberg Billionaires Index. He has stormed into the treasured club by displacing Oracle Corp's Larry Ellison and France's Francoise Bettencourt Meyers who is the wealthiest woman in the world.
Jio Platforms is the digital unit under (RIL) in which Ambani owns 42 per cent shareholding. It should be noted that bolstered by the stream of investments into Jio Platforms, RIL has now been declared net debt free much ahead of the p[lanned March 2021 deadline.