Worth $100.6 Billion, Mukesh Ambani Enters Exclusive 'Global Club' of 11
Ambani is now worth $100.6 billion, after his wealth increased by $23.8 billion this year.
What's common between Mukesh Ambani, Jeff Bezos and Elon Musk? They for sure are big-ticket billionaires, but what ties them together is their presence in an imagined club of global individuals with a fortune north of $100 billion or more.
In short, the 64-year-old Ambani, who's also Asia's richest, has now entered an imagined group of 11 men worth $100 billion or more, after the former's Reliance Industries witnessed a record jump in stock prices on Friday, 8 October.
According to the Bloomberg Billionaires Index, Ambani is now worth $100.6 billion, after his wealth increased by $23.8 billion this year.
Ambani had inherited his late father's oil-refining and petrochemicals businesses in 2005 and has since expanded his empire by foraying into sectors like retail, technology, and e-commerce. Started in 2016, his business' telecommunications arm, popularly known as Jio, is the dominant service provider in India.
The Pecking Order of Wealth
But who are the other 10 billionaires in the exclusive club? Here's a cue from the Bloomberg Billionaires Index.
Elon Musk – $222.1 Billion
Jeff Bezos – $190.8 Billion
Bernard Arnault – $155.6 Billion
Bill Gates – $127.9 Billion
Larry Page – $124.5 Billion
Mark Zuckerberg – $123.0 Billion
Sergey Brin – $120.1 Billion
Larry Ellison – $108.3 Billion
Steve Ballmer – $105.7 Billion
Warren Buffett – $103.4 Billion
Mukesh Ambani – $100.6 Billion
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