Jack Ma is no longer the richest man in Asia :: Investor.bg



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  Jack Mac is no longer the richest man in Asia

Mukesh Ambani Photo: Reuters

The founder of Alibaba Group Jack n '39 is more officially the richest man in Asia. Mukesh Ambani, whose company, Reliance Industries Ltd., has increased its value by 1.6%, reaching record highs since the end of the US trading session on Friday when the company is listed

According to the Bloomberg Index Billionaires, the state of Ambani is estimated at $ 44.3 billion, while the Indian billionaire added $ 4 billion to its wealth just earlier this year after Reliance doubled its petrochemical capacity and investors embraced the success of its telecommunication company, Reliance Jio Infocomm Ltd. At the same time in 2018 Alibaba Group Holding Ltd.

Ambani, who is famous for his large-scale projects, has been at the helm of building the world's largest refining complex, located on Indian Gammungar, also owns the largest, largest mobile data network in the world. world, and claims ownership of the largest and most profitable retailer in India

At this annual meeting of Reliance shareholders this month, Ambin said the company had its "greatest growth potential" on the other hand give a platform of hybrid trading online and offline. At the time of the event, Ambangi also said that Reliance would increase more than twice by 2025.

The billionaire inherited Reliance from his father, Dirbuy Ambani, whose work spreads the culture of the middle clbad in India using their savings for the creation of the textile and petrochemical department of the group

After his death in 2002, the case remained in the hands of Mukesh and his younger brother Anil Ambani. In 2005, the brothers divide the company through a family contract pbaded by their mother after years of tension between them

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