MUKESH, THE BILLIONAIRE .. Reliance’s Mukesh Ambani named world’s fifth richest person

NEWS RELIANCE LIST

NEW DELHI: Mukesh Ambani, head of the Reliance Industries that has major stakes in oil, telecom, retail etc has been named as the world’s fifth richest person. The Real-Time Billionaires List by Forbes magazine said Mukesh has an estimated wealth of $76billion or Rs 5.61lakh crore, registering a 4.49 per cent rise from his previously recorded wealth.

At top slot is Amazon founder and CEO, Jeff Bezos, with a net worth of $185.8 billion. Mukesh is placed right below Facebook’s Mark Zuckerberg, whose net worth is at $89 billion. The announcement comes on a day when RIL shares reported a high of RS 2,010. The company’s market capitalization is of the order of Rs 12.70lakh, a report said. IHN-NN


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