Mukesh Ambani Becomes World’s Richest Man
Indian billionaire industrialist Mukesh Ambani, 50, became the world's richest man yesterday, overtaking Microsoft's Bill Gates and Mexican tycoon Carlos Slim Helu, as the value of his stake in refinery-to-textiles giant Reliance Industries and two other group companies swelled, a direct result of the strong performance witnessed in the Indian stock markets recently.
Only last month, he overtook steel czar Lakshmi Mittal to become the richest Indian in the world.
The list of the five richest people in the world and their net worths is as follows now:
1. Mukesh Ambani ($63.2 billion)
2. Carlos Slim Helu ($62.2993 billion)
3. Bill Gates ($62.29 billion)
4. Warren Buffett ($55.9 billion)
5. Lakshmi Mittal ($50.9 billion)
How long he'll be able to hold onto the title of 'Richest man in the world' is another matter that remains to be seen. Poor Carlos Slim didn't hold on to it for too long.
The World's Top 20 Richest People The World's Richest Arabs 10 Richest People in Tech World Outsources Pregnancies To India The World's Richest PeopleThe difference between their net worths would be enough for me :-)
Posted by: Slim Z. at October 31, 2007 04:36 PMI'm really impressed with Indian businessmen. Together Ambani & Mittal have a net worth exceeding 100 billion. I hope they have at least some foundations to help fight poverty in India
Posted by: lot at November 1, 2007 03:52 PM@Slim: loool... same feeling here...
@lot: Yep, I share those same thoughts too. I hope they put some of their money back into the community to help others.
Posted by: MMM at November 2, 2007 10:55 AMSr, As a matter of fact I really RESPECT the highest carrier you have reach inlife. May you never have a bad situation that will brings your fortunes back to square Zero. Forward ever and backward never. Finally, the best in life at ends oint is to give PART of what people has given to you back to the world.
Posted by: Julius G at April 27, 2008 05:51 PM