India’s Mukesh Ambani, Chairman of Reliance Industries Limited, a company built from scratch by his late father Mr. Dhirubhai Ambani, has becomed the world’s richest man. Mukesh Ambani has surpassed Bill Gates, Carlos Slim and Warren Buffett, to become the world’s richest man. The strong bull rally witnessed in the Indian stock markets has boosted the market capitalisation of all reliance group companies in which Mukesh Ambani has a very significant stake. His brother and younger son of Dhirubhai Ambani, Anil Ambani, the chairman of Anil Dhirubhai Ambani Group has also forged his way into the top 20 richest billionaires. Anil is likely to make it to the top 10 once Reliance Power comes out with an IPO and gets listed in the stock markets. Mukesh Ambani is the first Indian to make it to the top of the list of richest men in the world.
The five richest people in the world with their net worth:
- Mukesh Ambani ($63.2 billion)
- Carlos Slim Helu ($62.2993 billion)
- William (Bill) Gates ($62.29 billion)
- Warren Buffett ($55.9 billion)
- Lakshmi Mittal ($50.9 billion)
While Carlos Slim and Bill Gates are head to neck in second and third, Indian born steel tycoon, Lakshmi Mittal - Chairman of Arcelor-Mittal is the fifth in the list of richest men in the world. It is to be mentioned that Bill Gates and Warren Buffett have, in the recent past, donated a part of their wealth to the Bill and Melinda Gates Foundation, an organisation founded by Bill gates and his wife Melinda Gates, which is primarily involved in enhancing healthcare and reducing extreme poverty, globally.
India, Mukesh Ambani, Bill Gates, Carlos Slim Helu, World, Richest Man, Stock, Finance, Corporate News
Source:→ Stock Market
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Pingback from 1Web 2.0 - Social Media - Internet News - Blogging » Mukesh Ambani World’s Richest Man says:October 30th, 2007 at 6:39 pm
[...] SETOVER WORLD wrote an interesting post today onHere’s a quick excerptIndia’s Mukesh Ambani, Chairman of Reliance Industries Limited, a company built from scratch by his late father Mr. Dhirubhai Ambani, has becomed the world’s richest man. Mukesh Ambani has surpassed Bill Gates, Carlos Slim and Warren … [...]
