Reliance Industries Ltd (RIL) chairman Mukesh Ambani has joined the elite club of centi-billionaires – global tycoons with a net worth of at least $100 billion. Ambani’s wealth rose after Reliance Industries Ltd hit a new record high on Thursday and other group companies rose sharply of late.
According to data available with the Bloomberg Billionaires Index, Mukesh Ambani added $2.76 billion in the previous trading session as his wealth stood at $102 billion. He is currently ranked 12th. Mexican businessman Carlos Slim is just $1 billion ahead of Ambani. Bloomberg’s Billionaires Index has only a dozen centi-billionaires.
Shares of Reliance Industries rose nearly 3 percent to Rs 2,724.95 in Thursday’s trading session, before finally settling at Rs 2,718.40, up 2.58 percent. RIL’s total market capitalization stands at Rs 18.40 lakh crore. The stock has gained 5 percent in the last two trading sessions, while it has gained 12 percent in the past month.
Recently, the defunct NFBC Jio Financial Services (JFSL) added to the recent rise in Mukesh Ambani’s fortunes. NBFCs closed up over 4.6 percent at Rs 251.50 on Thursday, with a total market capitalization close to Rs 1.6 lakh crore on the BSE.
