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)