Mukesh Ambani Joins Jeff Bezos, Elon Musk In World’s Exclusive $100 Billion Club

  

Mukesh Ambani, Asia’s richest individual, joined Jeff Bezos and Elon Musk on the earth’s most unique wealth membership with a fortune of a minimum of $100 billion.

 The chairman of India’s Reliance Industries Ltd. entered the rarefied group of 11 males as his conglomerate’s inventory climbed to a file on Friday. He’s now value $100.6 billion, in line with the Bloomberg Billionaires Index, after his wealth elevated by $23.eight billion this yr. 

Since inheriting the oil-refining and petrochemicals companies of his late father’s empire in 2005, Ambani, 64, has been in search of to rework the vitality big right into a retail, know-how and e-commerce titan. His telecommunications unit, which began companies in 2016, is now the dominant service within the Indian market. His retail and know-how ventures raised about $27 billion final yr, promoting stakes to buyers starting from Facebook Inc. and Google to KKR & Co. and Silver Lake.