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Tuesday, October 30, 2007

Mukesh Ambani Now Richest Person in the World!

A few months back, Carlos Slim Helu overtook Bill Gates as World’s Richest Man and now news is breaking in that Mukesh Ambani is the richest person in the world!

A trusted business news resource, The Business Standard reports that billionaire Mukesh Ambani today became the richest person in the world, surpassing Carlos Slim Helu, Bill Gates, and Warren Buffett due to a strong bull run in the Indian stock markets that led to a share price rally on his group companies (Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure) and boosted his net worth to $63.2 billion.

They compare the 5 most richest persons the world by net worth
1. Mukesh Ambani ($63.2 billion)
2. Carlos Slim Helu ($62.2993 billion)
3. William (Bill) Gates ($62.29 billion)

One year back, Mukesh Ambani has topped Azim Premji of Wipro as the richest Indian. I guess the Forbes lists will start changing again…

The Indian stock market has witnessed a strong bull run in the past few months with top blue chip stocks scaling new highs. Today the BSE Sensex crossed the 20000-mark at end of the trading session and it took a mere 11 trading sessions from 19000 to 20000 points. Today the Bombay Stock Exchange’s benchmark touched a life high of 20,024.87, up 780 points or 3.9 per cent from previous close while the National Stock Exchange’s Nifty was up 199 points or 3.49 per cent at 5901.

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