Published By : Prameya News Bureau | July 10, 2020 IST
Share
New Delhi, July 10: Reliance Industries (RIL) Chairman Mukesh Ambani has become the seventh richest person in the world overtaking Warren Buffet, one of the most successful investors globally, according to the Forbes Real Time Billionaires Index. As per the latest Forbes data, Ambani's net worth rose $2 billion on Friday and currently stands at $70.1 billion. His rise among the world's richest individuals has been boosted by the recent continuous surge in the share price of Reliance Industries (RIL). On Friday, RIL shares on the BSE hit a fresh all-time high of Rs 1,884.40. Following the surge in share prices, the oil-to-telecom major's market capitalisation crossed Rs 11.90 lakh crore. The shares have risen largely due to the investments coming into its technology and telecom arm Jio Platforms from global marquee investors. Jio Platforms has raised Rs 1.17 lakh crore so far in just over two months. The net worth of Warren Buffet, who runs Berkshire Hathaway and is popularly known as the "Oracle of Omaha", stands at $68.1 billion and is at the eight spot. Amazon CEO Jeff Bezos holds the first rank with a net worth of $186.8 billion, followed by Bill Gates in the second position with a net worth of $110.5 billion. Forbes' Real-Time Billionaires ranking tracks the daily ups and downs of the world's richest people. Individuals whose fortunes are significantly tied to private companies will have their net worths updated once a day. (IANS)
News7 Is Now On WhatsApp Join And Get Latest News Updates Delivered To You Via WhatsApp
You Might Also Like
More From Related News
BSE Sensex up 42 points, analysts predict tensions in Middle East likely to weigh on stock markets
realme P Series to go on sale from April 22
ECoR to run 40 Summer Special trains
Semiconductor chips driving innovation in tech
ZEE withdraws merger implementation application from NCLT, to pursue claims against Sony
India’s GDP growth at 6.5 pc in 2024: UNCTAD
Microsoft invests $1.5 billion in UAE-based AI company G42
Mahindra unveils Bolero Neo+
Morgan Stanley does not expect RBI to go for a rate cut in 2024-25
Fintech firm BharatPe appoints Nalin Negi as CEO
Banks must provide simple key facts statement to borrowers on terms of loans: RBI
TCS announces new delivery centre in Brazil, to create 1,600 new jobs
New price of Ola S1 X range of e-scooters to start from Rs 69,999
Rising global risks could delay RBI rate cuts, say analysts
Sensex down more than 300 points on global headwinds
Edtech major upGrad creates 55k jobs in FY24
X bans over 2 lakh accounts in India for policy violation
This is how Tesla can produce a Rs 20 lakh 'Make in India' EV
Elon Musk looking for engineers, designers, tutors to join his AI company
India's Index of Industrial Production grows by 5.7% in February, 2024