The chairman of Reliance India Limited Mukesh Ambani joined Amazon’s Jeff Bezos and SpaceX’s Elon Musk in World’s prestigious $100 billion clubs, as per the Bloomberg Billionaires Index. RIL’s uninterrupted surge in the stock market, earnings in the telecom, digital, and retail companies, has aided his wealth accumulation.
Mukesh Ambani’s riches soared by $23.8 billion this year, as per the Bloomberg Billionaires Index. His business’s shares hit a new top on Friday. His approximated net worth is $101 billion.
For the 14th year in a line, Mukesh Ambani topped Forbes’ listing of the 100 wealthiest Indians in 2021. The chairman of Reliance Industries Limited expanded his net worth by $4 billion in the last year, as per the report.
Ambani’s retail and tech enterprises garnered about $27 billion in 2020 by trading holding’s like KKR & Co. and Silver Lake to top investors such as Facebook Inc. and Google.
Ambani Outlined a Green Energy Project with $10B Budget
Ambani outlined an enormous green energy initiative in June, with a budget allocation of $10 billion within three years. Last month, the billionaire stated his organization would explore the development of green hydrogen “vigorously.”
The concept is in line with the Govt’s goal of making India a global focus for green hydrogen manufacturing and sales by 2047 in order for the country to optimize energy self-sufficiency.
Moreover, Gautam Adani, the owner of the Adani Group, coal power, and renewable energy behemoth, has gained $39.5 billion to his wealth this year, signaling that he could be the next from the country to join the elite club.
Elon Musk Leads the Bloomberg Billionaires Index with $222 Billion
- With a net wealth of $222 billion, Elon Musk leads the chart. Musk is SpaceX’s owner, CEO, and Chief Engineer. SpaceX’s Starlink broadband will serve internet services to 10 remote Lok Sabha constituencies in India. He also serves as the chief architect at Tesla.
- With a net wealth of $191 billion, Jeff Bejoz, the 57-year-old founder and CEO of the company of Amazon, was ranked second. He was the firm’s former CEO.
- Bernard Arnault ranked third. The French tycoon, investor, and art lover has a net wealth of USD 178.4 billion, putting him in the 3rd spot. He is the chairman of The board of the world’s largest luxury goods conglomerate, LVMH Mot Hennessy – Louis Vuitton SE.
- Bill Gates, the co-founder of Microsoft and an American business titan, came in fourth place in the world’s most prestigious riches club, with a total of approximately $100 billion.
- With a net wealth of $125 billion, Larry Page, one of the co-founders of Google, was ranked fifth on the listing. He is presently a member of Alphabet’s board of directors, an executive, and a substantial shareholder.
Mark Zuckerberg, Warren Buffet Also Made the Spot in Bloomberg Billionaires Index
- The 37-year-old Facebook owner Mark Zuckerberg ranks 6th in the world’s most elite billionaire club, with a sum of roughly USD100 billion.
- Sergey Brin– With a net wealth of USD 115.2 billion, Brin, an American corporate leader, software engineer, and Internet pioneer, is the world’s wealthiest individual.
- Larry Ellison, co-founder, executive chairman, chief technology officer (CTO), and former CEO of Oracle Corporation, was positioned eighth on the list with a net wealth of $108 billion.
- Steve Ballmer, an entrepreneur, investor, and founder of the Los Angeles Clippers of the National Basketball Association (NBA) in the United States, came in ninth place. His projected net wealth is $106 billion. He was Microsoft’s former CEO.
- Warren Buffett, an American corporate tycoon, investor, and humanitarian, rated 10th on the list with a net wealth of $103 billion. He is nowadays the chairman and CEO of Berkshire Hathaway, an American Megacorp holding company.