close
close

Mukesh Ambani's net assets are again 100 billion US

The billionaire Mukesh Ambani resigned on Tuesday (April 29) to the Elite Club of people with over 100 billion US dollars after the shares of Reliance Industries LTD rose by 8% over two sessions. The rally pursued a strong series of results in the fourth quarter and promoted India's largest stock market to add more than $ 16 billion in market capitalization in just two trading days.

The Rallye from Reliance also made it the largest contribution to the 1.2% increase in the NIFTY50 in the same period. With a net assets of 100.2 billion US dollars, Ambani ran in 16th in the Bloomberg Milliardaires Index, directly behind Dell Technologies founder Michael Dell.

From the end of Tuesday, Reliance Industries has a market capitalization of $ 222.4 billion and corresponds to almost 90% of the group's overall rating of $ 247 billion. Jio Financial Services contributes another 8%. A significant part of Ambanis' assets is based on the reliance industry, in which the promoter group involves a little more than 50%.
Ambanis assets had previously reached a high point of $ 121 billion in July 2024, but fell back to a low of 81.5 billion US dollars in March of this year, which was loaded by a longer under -performance of the reliance shares. Since then, however, its net assets have recovered by over 20 billion US dollars, which is due to the renewed trust of investors and stronger business bases. The company's core individual trade segment grew by 15.6%in the March district, while Jio further strengthened the Free Cashflow and the growing broadband penetration process for home.

So far, Mukesh Ambani added $ 11 billion to his net assets in 2025 and, in terms of profit from wealth profits, annoyed him from year to the best global billionaires. Warren Buffett leads an increase of $ 24.9 billion, followed by the L'Oréal heiress Françoise Bettencourt Meyers and the Bytedance founder Zhang Yiming, which added $ 17 billion or $ 14 billion.

Among the Indian billionaires, the founder of Avenue Supermarts, Radhakishan Damani, and Sunil Mittal from Bharti Airtel followed Ambani with wealth gains and added 3.5 billion US dollars this year. They followed closely from Lakshmi Mittal, whose net assets rose by US dollars by 3.1 billion

In contrast, Gautam Adani-India has seen the second richest person in a decline in its net assets by $ 2.2 billion to this year and underlines the different trajectories of the best industrial India. Bloomberg data is currently 77 billion US dollars.

Leave a Comment