Katamarayudu telugu movie review | Katamarayudu Movie Review Rating | Katamarayudu Review | Pawan Kalyan Katamarayudu

X
close save
crop image
x
TM
Fri, Nov 16, 2018 | Last Updated 4:32 am IST

Menu &Sections

Search

Ambanis net worth stood at $44.3 billion as per Bloomberg Billionaires Index

Ambanis net worth stood at $44.3 billion as per Bloomberg Billionaires Index
Ambanis net worth stood at $44.3 billion as per Bloomberg Billionaires Index
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

Sources from Mumbai reported that Chairman of India’s oil to telecom major Mukesh Ambani has overtaken Alibaba Group’s founder Jack Ma to become the richest person in Asia. Meanwhile a day after Reliance Industries’ stock entered the $100 billion market capitalization club, the stock went on to rally to breach the 7 lakh crore market valuation on Friday. As per Bloomberg Billionaires Index “With Reliance Industries trading up by 1.6%, Ambani’s net worth stood at $44.3 billion”.



Accordingly as per report Jack Ma’s wealth was at $44 billion. Alibaba Group Holding’s Ma has lost $1.4 billion in 2018. Moreover as per a Bloomberg report, Ambani added $4 billion to his fortune this year thanks to its petrochemical capacity doubling. In addition, investors have also lauded the success of his disruptive telecom venture Reliance Jio. Furthermore, Ambani recently also unveiled his plans on entering the ecommerce space by leveraging the 200+ million telecom subscribers that the company has amassed.

Ambanis net worth stood at $44.3 billion as per Bloomberg Billionaires Index

Furthermore after taking on incumbents such as Idea, Airtel and Vodafone in the telecom space, Ambani now wants to take on Amazon.com, Walmart, Paytm and the likes. Recently Ambani took over Reliance Industries from his father Dhirubhai Ambani and has played an important role in the company foraying into refining and petrochemicals in the 1990s and telecom and retail in the 2000s.

Ambanis net worth stood at $44.3 billion as per Bloomberg Billionaires Index

Ambanis net worth stood at $44.3 billion as per Bloomberg Billionaires Index
5/ 5 - (1 votes)
Add To Favourite
More from author
ISRO successfully launched GSLV-Mk III on Wednesday
Chandrababu Naidu confident in winning in Telangana
Muslims in Telangana state upset seeing attitude of political parties
A new memoir titled "Becoming" by Michelle Obama out
Bengaluru likely to receive rainfall on November 16-17 & 22-23
Swiggy plans to deploy Women as delivery personnel across India
Has AP government misused Tirumala Tirupathi temple funds?
Sexual abuser arrested finally!
Infosys founder supports Modi!
Downfall of Rajapakse govt!
Gaja reaches Chennai!
SC to hear 49 Review Petitions in Sabarimala Temple case
PM Narendra Modi is in Singapore for East Asia Summit
Melania Trump explicitly Donald Trump to oust Mira Ricardel
Will traffic be ensured safely during rallies & processions?
Sonali Bandre thanked her Hubby on their wedding day
Sehwag challenges Kohli can't do it!
Ice seller tries to commit suicide!
Rajinikanth's sudden press meet!
Gaja storm takes extreme speed!
Rajinikanth is against PM Narendra Modi
Is Chandrababu Naidu & DGPs involved in knife attack on YS Jagan?
Soorasamharam Event held in a spiritual way at Tiruchendur
Lives of tribals mean nothing to Chandrababu today: Pawan
Did Governor E.S.L. Narasimhan brought KCR closer to BJP?
Cyclonic storm Gaja to bring heavy Rainfall Coupled with Gale Wind
Puducherry CM slammed KCR
Why Prabhas not showing interest in his marriage?
Chandrababu Naidu released TDPs candidates list for Telangana Polls
Pawan Kalyan contributed Rs. 100 for serving people
World's biggest OIL supplier Saudi Arabia announced plans to cut production
Tougher laws & stricter implementation for rapism & Murder against girls: Rajinikanth
Alibaba makes record selling in first five minutes & $10 billion figure achieved
Distributing 1 Lakh Cows per year is in BJPs Manifesto
69% Pakistanis aged 15-65 years don't know what the Internet is!!!
Why Pasupuleti Balaraju quit TDP joined Janasena Party?
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.