- Mukesh Ambani is the richest man in Asia
- The achievement is behind the Chinese billionaire
- Mukesh Ambani has assets worth $ 82.5 billion
Ambani lost its position at the end of December 2020. Chinese businessman Zhong’s assets are worth $ 76.6 billion, down more than $ 2200 over the past week.
Despite the volatility in the market, Mukesh Ambani’s Reliance Industries Ltd has a reason to escape unscathed.
Mukesh Ambani has announced that he will transform the company’s oil and chemical business into an independent unit and set up a separate branch.
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But Zhong Shanshan in China grew rapidly through bottled water company Nongku Spring Co and vaccine makers Beijing Wantai Biological Pharmacy.
Ambani, who was ranked fourth on the Bloomberg Global Billionaires list last year, has since slipped to tenth. His current assets are $ 8.28 billion, up from $ 9 billion last year.