Asia’s richest man joins Elon Musk among world’s biggest wealth gainers
Indian billionaire Mukesh Ambani, the richest man in Asia, joined top billionaire Elon Musk among the world’s biggest wealth gainers on Tuesday.
Reliance Industries chairman Mukesh Ambani, Asia's wealthiest individual, saw his wealth soar by an impressive $8 billion as of 3:09 PM, according to Forbes' real-time data. The 69-year-old entrepreneur now boasts a total fortune of $88.3 billion, placing him at 22nd globally in terms of wealth. In a narrow second place, Elon Musk, the world's top billionaire, added $10 billion to his fortune, which now totals $878.5 billion.
In the Asian region, Ambani surpasses other notable figures such as TikTok founder Zhang Yiming ($84 billion), infrastructure magnate Gautam Adani ($79 billion), and Uniqlo founder Tadashi Yanai ($65 billion). The growth in Ambani's wealth can be attributed to the successful listing of his new digital and telecom platform, Jio Platforms, which raised $3.2 billion during its Mumbai debut, following a 27% increase in share prices. Reliance Industries' shares have risen by 8.5% over the past five days.
Other significant wealth gainers on Tuesday included Amazon founder Jeff Bezos, who added $4.7 billion to his fortune, and Rob and Jim Walton, heirs of the Walmart retail giant, who each added $3.8 billion to their wealth.
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