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Mukesh Ambani now 9th richest globally; RIL's m-cap crosses Rs 11-trn mark

In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.

Mukesh Ambani
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RIL’s shares hit a new all-time high of Rs 1,788.60 on the BSE on Friday before ending at Rs 1,759.50 (up over 6 per cent) following Ambani’s statement on Friday that the company had become net debt-free ahead of its March 2021 deadline.

Aneesh PhadnisAmritha Pillay Mumbai
With the market capitalisation of Reliance Industries (RIL) crossing the Rs 11-trillion mark on Friday, its Chairman and Managing Director Mukesh Ambani has become the ninth richest billionaire globally on the Forbes Real-time Billionaires List with a net worth of $64.6 billion. Ambani is ahead of Google co-founders Larry Page and Sergey Brin, the 10th and 11th richest, respectively, and behind Zara founder Amancio Ortega.

In March 2020, Ambani was ranked 21st on Forbes’ annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th. Since then, Ambani has gone ahead of Walmart’s Walton