Mukesh Ambani Asia richest: Mukesh Ambani has again become the richest person from Asia, leaving behind Chinese Billionaire Zhang Shanshan. He is the tenth richest in the world.
Mukesh Ambani, chairman of Reliance Industries, has once again become the richest man in Asia. This week, the Chinese Billionaire Zhang Shanshan (Zhong Shanshan) Company has seen a 20 per cent decline in its share value, due to which there has been a significant decline in their assets. In the Forbes billionaires index, Mukesh Ambani is the 10th richest in the world, while Zhong Shanshan has reached the thirteenth position.
According to information available on Forbes, Mukesh Ambani’s current assets are $ 81.3 billion, while Zhang Shanshan’s assets have come down to $ 77 billion. In this list, once again Jeff Bezos of Amazon has overtaken Elon Musk. Bezos has reached the first position with assets of $ 181.5 billion, while Elon Musk is in second place with $ 161.5 billion. Bernard Family is in third place with $ 155 billion and Jeff Bezos in fourth place with $ 123.2 billion.
Raised $ 1.1 billion through IPO
Due to the huge jump in shares of Zhang’s water company Nongfu Spring, he won the title of China’s richest man, leaving behind Jack Ma first and leaving Mukesh Ambani to become the richest person in Asia. The company had raised $ 1.1 billion in funds through an IPO. Zhang Shanshan is also the chairman of Beijing Wantai Biological Pharmacy Company Limited. This week, a huge decline has been recorded in the global stock market. The Chinese and Hong Kong stock markets have fallen the most, due to which their property has fallen drastically.
Weekly performance of shares
On the last day of this week, shares of Reliance fell sharply. On Friday, it closed at Rs 2085.80 per share, down 2.73 per cent (Rs 58.55). The company’s market cap has come down to 13 lakh 44 thousand 318 crore. On a weekly basis, the company’s stock has recorded a gain of 0.26 per cent. The stock of Nongfu Spring in the Hong Kong stock market has fallen by 19.53 percent this week. It closed 9.17 percent down at 51.50 on Friday.
Also read, RBI is giving a chance to buy cheap gold, in the coming few months it can get up to 20% returns