Updated Feb 26, 2021 | 17:29 IST
According to the Bloomberg Billionaires Index, the Chinese tycoon is worth $76.6 billion, down more than $22 billion from a peak just last week Mukesh Ambani becomes richest Asian again, overtakes China s bottled water king Zhong Shanshan | Photo Credit: BCCL
Key Highlights
Ambani is again richer than Zhong Shanshan, whose bottled-water company tanked a record 20 per cent
Zhong grabbed the title from Ambani at the end of December and by early 2021 was the sixth-wealthiest person on Earth, surpassing Warren Buffett
Ambani s current net worth is $82.8 billion, down from nearly $90 billion (around Rs 6.62 lakh crore) last year
New Delhi: Mukesh Ambani is once again being the wealthiest person in Asia. With a net worth of about $80 billion, Ambani is again richer than Zhong Shanshan, whose bottled-water company tanked a record 20 per cent this week.
Mukesh Ambani no longer Asia s richest man; replaced by Chinese Lone Wolf
Known as Lone Wolf , Zhong Shanshan has also eclipsed another Chinese giant, Jack Ma of Alibaba. His rise to top in Asia is believed to be one of the fastest in history as he was little known outside of China until this year
BusinessToday.In | December 31, 2020 | Updated 10:12 IST
Chinese billionaire Zhong Shanshan and RIL Chairman Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani has been replaced as Asia s richest person by Chinese private billionaire Zhong Shanshan. The rise in Shanshan s net worth is attributed to listing of two of companies vaccine maker Beijing Wantai Biological Pharmacy Enterprises Co and Nongu Spring Co, a bottled water firm.