Mukesh Ambani overtakes Larry Page, Sergey Brin to become 9th richest in the world
According to Forbes' 'The Real-Time Billionaires List', Ambani's 'real-time net worth' stood at $60.8 billion on Thursday.
By PTI | Updated:
Agencies
In the Forbes' 2019 rich list released earlier this year, the RIL Chairman stood at the 13th spot globally.
NEW DELHI: With a net worth of USD 60 billion, Reliance Industries chief Mukesh Ambani has been ranked the 9th richest person globally, according to 'The Real-Time Billionaires List' of Forbes, that was topped by Amazon Founder and CEO Jeff Bezos.
The list tracks the daily ups and downs of the world's richest people and reflects changes since 5 pm EST of the previous trading day. Ambani was ranked 13th in the annual Forbes' rich list for 2019.
Ambani made it to the daily list of top 10 richest people in the world following a significant jump in the share price of his flagship firm Reliance Industries on Thursday.
The company on Thursday became the first Indian firm to hit the Rs 10 lakh crore market valuation mark following a spike in its share price.
At market close, the oil-to-telecom conglomerate's market capitalisation (m-cap) zoomed to Rs 10,01,555.42 crore (USD 139.8 billion) on the BSE.
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The stock rose 0.65 per cent to close at Rs 1,579.95. During the day, it jumped 0.90 per cent to an all-time high of Rs 1,584.
Bezos with a networth of USD 113 billion topped the The Real-Time Billionaires List of Forbes, followed by Microsoft co-founder Bill Gates (USD 107.4 billion) and Bernard Arnault & family Chairman and CEO, LVMH Moet Hennessy Louis Vuitton (USD 107.2 billion) in the second and third positions, respectively.
Sergey Brin is at the 11th spot on the list. The wealth-tracking platform provides ongoing updates on the net worth and ranking of each individual confirmed by Forbes to be a billionaire.
Others in the top 10 include CEO of Berkshire Hathaway Warren Buffett with a net worth of USD 86.9 billion, Chief Executive Officer of Facebook Mark Zuckerberg (USD 74.9 billion), Amancio Ortega founder and former chairman of Inditex fashion group, best known for its chain of Zara clothing and accessories shops (USD 69.3 billion), Co-founder of software firm Oracle Larry Ellison (USD 69.2 billion), Carlos Slim Helu (USD 60.9 billion) and CEO of Alphabet Larry Page (USD 59.6 billion).
Like every year, Forbes World's Billionaire list highlighted some obvious names, and brought in some surprises.
Amazon CEO Jeff Bezos topped the global list, and Reliance Industries Chairman Mukesh Ambani ranked 13th making him the wealthiest Indian.
With 55 fewer billionaires from the previous year, the ultra-rich make a total net worth of $8.7 trillion ($400 million lower last year), Forbes reported.
Here's a look at who made it to the Forbes rich list this year.
Like every year, Forbes World's Billionaire list highlighted some obvious names, and brought in some surprises.
Amazon CEO Jeff Bezos topped the global list, and Reliance Industries Chairman ..
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The Forbes list reported that Amazon founder Jeff Bezos (L) rules the world with a net worth of 131 billion that increased $19 billion from last year.
At the second spot, net worth of Microsoft co-founder and philanthropist Bill Gates was reported at $96.5 billion, up from 90 billion last year. The money gap between the two has widened substantially.
The Forbes list reported that Amazon founder Jeff Bezos (L) rules the world with a net worth of 131 billion that increased $19 billion from last year.
At the second spot, net worth of Microsoft co-f..
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Followed by Bezos and Gates, the 88-year-old investment guru and Berkshire Hathaway CEO Warren Buffett (L) became the third wealthiest man in the world. The magazine reported that Buffett's fortune slipped by $1.5 billion to $82.5 billion.
French luxury brand LVMH CEO Bernard Arnault held on to fourth place with net worth of $76 billion, up $4 billion from the previous year.
Followed by Bezos and Gates, the 88-year-old investment guru and Berkshire Hathaway CEO Warren Buffett (L) became the third wealthiest man in the world. The magazine reported that Buffett's fortune s..
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RIL head Mukesh Ambani (L), who ranks 13th on the Forbes global list, leads the 106 Indian billionaires. The industrialist's wealth increased from $40.1 billion in 2018 to $50 billion in 2019. His rank jumped six positions.
Businessman brother and chairman of Reliance Group, Anil Ambani, ranks 1349 and has a net worth of $1.8 billion. According to Bloomberg data, Ambani Jr's worth plunged 26% since January and he lost around $408 million of wealth this year after his telecom venture Reliance Communications filed for bankruptcy.
RIL head Mukesh Ambani (L), who ranks 13th on the Forbes global list, leads the 106 Indian billionaires. The industrialist's wealth increased from $40.1 billion in 2018 to $50 billion in 2019. His ra..
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Forbes magazine named Kylie Jenner both the world's youngest billionaire and the youngest 'self-made' billionaire of all time, thanks to her flourishing three-year-old cosmetics company Kylie Cosmetics. With endorsements and TV appearances, Jenner has touched the billionaire-mark and her fortune is estimated at around $1 billion.
The richest Indian woman - Biocon founder Kiran Mazumdar-Shaw - holds the 617th position with a net worth of $3.4 billion.
Forbes magazine named Kylie Jenner both the world's youngest billionaire and the youngest 'self-made' billionaire of all time, thanks to her flourishing three-year-old cosmetics company Kylie Cosmeti..
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Facebook founder Mark Zuckerberg fell three spots from fifth to eighth position. After losing $9 billion in personal wealth, his current net worth stands at $63.8 billion.
Facebook founder Mark Zuckerberg fell three spots from fifth to eighth position. After losing $9 billion in personal wealth, his current net worth stands at $63.8 billion.
After India's richest Ambani at the 13th spot, Wipro Chairman Azim Premji (L) held the 36th position with a net worth of $22.6 billion. HCL co-founder Shiv Nadar (C) and ArcelorMittal CEO Lakshmi Mittal were ranked at 82nd and 91st place, respectively. Nadar has a fortune of $14.4 billion and Mittal's wealth is at $14.1 billion.
After India's richest Ambani at the 13th spot, Wipro Chairman Azim Premji (L) held the 36th position with a net worth of $22.6 billion. HCL co-founder Shiv Nadar (C) and ArcelorMittal CEO Lakshmi Mit..
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The list of Indian billionaires includes Aditya Birla Group Chairman Kumar Mangalam Birla (L) at 122th spot, Adani Group Chairman and founder Gautam Adani (C) at 167th position, and Bharti Airtel head Sunil Mittal at 244th place.
The list of Indian billionaires includes Aditya Birla Group Chairman Kumar Mangalam Birla (L) at 122th spot, Adani Group Chairman and founder Gautam Adani (C) at 167th position, and Bharti Airtel hea..
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At 365th place, consumer goods giant Patanjali Ayurveda's co-founder Acharya Balkrishna (C) made it to the Forbes list with a net worth of $4.8 billion. Piramal Entreprises Chair Ajay Piramal was at 436th place and Infosys co-founder NR Narayana Murthy ranked 962nd.
At 365th place, consumer goods giant Patanjali Ayurveda's co-founder Acharya Balkrishna (C) made it to the Forbes list with a net worth of $4.8 billion. Piramal Entreprises Chair Ajay Piramal was at ..
