In the list of World’s Richest Man, Mukesh Ambani overtook Europe’s wealthiest man and is now the fourth richest person in the world. He attained $22 billion and as per the Bloomberg Billionaires Index, he is now worth $80.6.
Mukesh Ambani, Reliance Industries Ltd’s Chairman, surged past France’s Bernard Arnault, whose LVMH Moet Hennessy Louis Vuitton SE has experienced clients curbing high-end fashion buy quicker than the organization can reduce expenses. Apparently, Arnault has lost the most among the world’s 500 most extravagant individuals, with his total assets plunging $25.1 billion.
According to Bloomberg, this improvement comes after Mukesh Ambani strode past some other huge magnates in the recent week, including Elon Musk and Alphabet Inc prime supporters Sergey Brin and Larry Page.
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RELIANCE COMPANY DID NOT SUFFER IN COVID-19 PANDEMIC
In the coronavirus pandemic, Mukesh Ambani’s Reliance India Ltd did not suffer as it is getting billions in investments from Facebook Inc and Google.
GOOGLE WILL SPEND $10 BILLION IN INDIA ON DIGITAL TECHNOLOGIES
Mukesh Ambani will focus more on e-commerce and will grow to build up India’s fast-growing digital business. Google said last month that it will speed up the digital technologies with India, the world’s second-most populous nation. It has decided to spend $10 billion on digital technologies.