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Asia s Richest Person Re-Joins $100 Billion Club as Stock Surges
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Asia s Richest Person Re-Joins $100 Billion Club as Stock Surges
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Billionaires: Instacart founder Apoorva Mehta checks out with $1 1bn fortune after IPO
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(Bloomberg) Mukesh Ambani, Asia’s richest person, joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least $100 billion.
The chairman of India’s Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate’s stock climbed to a record on Friday. He’s now worth $100.6 billion, according to the Bloomberg Billionaires Index, after his wealth increased by $23.8 billion this year.
Ambani Sold a Tech Dream for $27 Billion. Now He Has to Deliver Bloomberg 12/29/2020 Anto Antony, P R Sanjai and Saritha Rai
(Bloomberg) Mukesh Ambani spent much of 2020 convincing Facebook Inc., Google and a clutch of Wall Street heavyweights to buy into his vision for one of the world’s most ambitious corporate transformations.
Now flush with $27 billion in fresh capital, Asia’s richest man is under pressure to deliver. © Photographer: Prodip Guha/Getty Images AsiaPac Entertainment India January
Mukesh Ambani in Mumbai in January.
Photographer: Prodip Guha/Getty Images
The 63-year-old Indian tycoon is focused on a handful of priorities as he tries to turn Reliance Industries Ltd. from an old-economy conglomerate into a technology and e-commerce titan, according to recent public statements and people familiar with the company’s plans.