As the BSE Sensex and Nifty 50 trading close to their record-higher level, Reliance Industries Ltd’s (RIL) chairman Mukesh Ambani has now moved up two areas in the list of world’s richest billionaires. According to the newest information collated by Bloomberg Billionaire Index, as of January 22, 2021, Mukesh Ambani has now moved up to 11th spot with a total net worth of $79.2 billion (5.78 lakh crore), surpassing Larry Ellison of Oracle Corporation and world’s richest lady Francoise Bettencourt Meyers, with a net worth at $78.4 billion and $72.2 billion, respectively. In this list, former CEO of Microsoft, Steve Ballmer has also climbed up 1 spot, getting into in the list of prime 10 world’s richest billionaires with a net worth at $81.6 billion. On Friday, oil-to-telecom conglomerate posted a 12.55 per cent on-year rise in net profit at Rs 13,101 crore in the October-December quarter of the third fiscal.
Also study: RIL beats expectations: Reliance Industries Q3 net profit soars more than 12% to Rs 13,101 crore
RIL stock gains more than 3% YTD in January
Ahead of third fiscal quarter earnings, RIL share price tag dipped 2.30 per cent to finish the session at Rs 2,049.65 apiece on BSE. So far in January 2021, RIL share price tag has gained more than 3 per cent, However, it is trading under its 52-week-higher of Rs 2,368 per share hit on September 16, 2020. From Friday’s close, RIL shares are off 15.53 per cent from record higher level. Mukesh Ambani’s RIL share price tag hit a 52-week low of Rs 878 apiece on March 23, 2020, and zoomed 170 per cent to an all-time higher. Reliance Industries Ltd’s shares have rallied practically 31 per cent in the calendar year 2020, ending at Rs 1,984.65 per share.
Also study: Mukesh Ambani’s new cash-minting machines: Retail, Digital arms now make practically half of RIL’s revenues
World’s prime 10 richest billionaires
Tech entrepreneur Elon Musk continues to be the world’s richest particular person on the planet with a net worth of $202 billion. While Amazon.com Inc. founder Jeff Bezos stood at second spot with $192 billion net worth. The other 3 individuals in the prime 5 list are Microsoft co-founder Bill Gates with $133 billion, Louis Vuitton SE group head Bernard Arnault with $112 billion and Facebook founder Mark Zuckerberg with $104 billion net worth.
However, Chinese billionaire businessman Zhong Shanshan maintained his sixth position in the list with a net worth of $88.9 billion. Chairman of the Chinese bottled-water corporation Nongfu Spring also continues to be the richest Asian. According to the Bloomberg Billionaire Index, multi-billionaire investor Warren Buffet stood at seventh position with a total net worth at $88.4 billion. Google co-founders, Larry Page and Sergey Brin have been at the eighth spot ($88.4 billion) and ninth position (85.5 billion), respectively. Former CEO of Microsoft Steve Ballmer stood at 10th position in the list with a net worth of $81.6 billion. While Larry Ellison of Oracle Corporation was at 12th position with a total net worth of $78.4 billion.