Mukesh Ambani earned Rs 39,311.54 crore in just 120 hours!
Asia's richest man mukesh Ambani's wealth increased by Rs 39,311.54 crore this week. With this, he became even richer. In fact, in 5 days (120 hours) from monday to Friday, the market cap of reliance Industries increased to Rs 17,27,339.74 crore and it became the most valuable company in the country. After this, there are companies like hdfc bank, Tata Group's TCS, Bharti airtel in the list.
Huge jump in the company's stock
Last week, the BSE Sensex of 30 stocks rose by 3,076.6 points or 4.16 percent, NSE Nifty gained 953.2 points or 4.25 percent. On Friday, the company's stock closed at Rs 1,277.50. The total valuation of nine of the top 10 most valuable companies, including reliance, increased by Rs 3,06,243.74 crore this week. Among these, ICICI and Bharti airtel earned the highest profits. This is in line with the tremendous surge in the domestic stock markets this week.
18th richest man in the world
According to Forbes, mukesh Ambani's real-time net worth is US$95.5 billion. On march 23, he was the 18th richest person in the world. He is continuously expanding the scope of his business. Recently, reliance Group's subsidiary Company Strategic business Ventures Limited acquired 74 percent stake in Nauyan Shipyard Private Limited (NSPL) from Welspun Corp Limited for Rs 382.73 crore through Nauyan Tradings Private Limited (NTPL).
All three children are handling the business
Since 2023, all three children of mukesh ambani are handling different businesses of reliance Group. Daughter Isha Ambani handles the retail, e-commerce and luxury business of reliance Group. Younger son Anant Ambani oversees businesses related to the energy sector. Elder son akash Ambani is the head of India's largest telecom company Jio.
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