UwidoNews

Mukesh Ambani has emerged the wealthiest person in India with a net worth of $32 billion, as the number of Indian billionaires in Forbes’ “India Rich List” this year has nearly doubled to 52, thanks to the rebound in stock markets.

Petrochemicals giant Reliance Industries’ chief Mukesh Ambani has clinched the title of the world’s richest Indian from NRI steel tycoon Lakshmi Mittal, even as both of them saw their fortunes dwindle to less than half in a year, US magazine Forbes has said.
With a net worth of $19.5 billion, Mukesh Ambani has been ranked seventh in the global list, topped by software czar and Microsoft founder Bill Gates ($40 billion). Mukesh, who has lost more than $23 billion, was ranked at fifth position last year.

Reliance Industries chairman Mukesh Ambani with a total wealth of $19.5 billion and NRI steel baron Lakshmi Mittal with a total wealth of $19.3 billion. topped the list of 24 Indians on the 2009 Forbes World Billionaire list. In the global list, Mukesh is ranked at the 7th position, while Mittal closely followed him at the 8th position

Micrsoft boss Bill Gates is the richest man in America. But the magazine maintained that, “One of the predictions is that Reliance Industries’ chief Mukesh Ambani, who currently has a net worth of 29 billion dollars, pips the World’s Richest Man Mexican businessman Carlos Slim to top Forbes’ rich list in 2014.”

Isha Ambani photos: An Indian industrialist businessman Mukesh Ambani is married with Nita Ambani, who is chairman of dhirubhai ambani foundation. Here are two Isha Ambani photos, right below.

Mukesh Ambani, who heads India's most valuable company Reliance Industries, has been ranked among top five best performing CEOs in the world by the prestigious Harvard Business Review.

Mukesh Ambani, Asia’s richest man, took a 66 percent pay cut to “set a personal example of moderation” after India’s government called for austerity in salaries of executives.

Long time Mukesh Ambani confidant Kalyan Sarangi has quit Reliance Industries Ltd (RIL).

Mukesh Ambani-led Reliance Industries Ltd (RIL) told the Supreme Court on Thursday that the government can even undo a judicial verdict, if it is held that it has no powers to regulate gas prices based on production sharing contracts.