{"id":122,"date":"2007-10-29T14:41:50","date_gmt":"2007-10-29T14:41:50","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/worlds-richest-man-is-mukesh-ambani-from-reliance\/"},"modified":"2007-12-24T08:45:25","modified_gmt":"2007-12-24T08:45:25","slug":"worlds-richest-man-is-mukesh-ambani-from-reliance","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/worlds-richest-man-is-mukesh-ambani-from-reliance\/","title":{"rendered":"Worlds Richest Man is Mukesh Ambani from Reliance"},"content":{"rendered":"

I just read this from many other news source which mentioned that our indian business magnet has become the worlds richest man today ie October 29th 2007. Here are some source for the news –<\/p>\n

Billionaire Mukesh Ambani<\/a> today became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.<\/p>\n

Following a strong share price rally on in his three group companies, India’s most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).<\/p>\n

In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.<\/p>\n

The five richest people in the world with their net worth<\/p>\n

1. Mukesh Ambani ($63.2 billion)<\/p>\n

2. Carlos Slim Helu ($62.2993 billion)<\/p>\n

3. William (Bill) Gates ($62.29 billion)<\/p>\n

4. Warren Buffett ($55.9 billion)<\/p>\n

5. Lakshmi Mittal ($50.9 billion)<\/p>\n

Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion.<\/p>\n

Ambani’s wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98% stake), Rs 37,500 crore from RPL (37.5%) and Rs 2,100 crore from RIIL (46.23%).<\/p><\/blockquote>\n

Source : Business Standard<\/a>
\n\"Mukesh<\/p>\n

Reliance Industries chairman Mukesh Ambani has overtaken NRI steel tycoon Lakshmi Mittal to become the richest Indian in the world, thanks to the unprecedented boom in the domestic stock market.<\/p>\n

Ambani’s net worth has soared past 50 billion dollars, making him the first Indian and only the fourth person in the world to have a wealth higher than this amount. The RIL chief is now believed to be next only to software czar Bill Gates of the US, Mexican business baron Carlos Slim Helu and Warren Buffett, regarded as the world’s greatest investor.<\/p>\n

Based on the closing share prices of various group companies such as RIL, Reliance Petroleum, IPCL and Reliance Industrial Infrastructure, Mukesh Ambani<\/a> is estimated to hold shares worth 50.1 billion dollars (about Rs 2,00,000 crore) through promoter holdings in these companies.<\/p>\n

The four companies together have a market value of Rs 4,09,325 crore (103 billion dollars).<\/p><\/blockquote>\n

Source : India Times<\/a><\/p>\n

He has already beaten all the top richies including lakshmi mittal and bill gates and at the same time his new house antilia<\/a>‘s construction has already started now. Lets see if anyone can beat him in this year since i personally feel this #1 position wont be for long as the reliance stocks went high for today and iam in a feeling that they would again come down for a week’s time , due to which Carlos Slim Helu can come to the #1 position.<\/p>\n

Anyway the news for today is finalised that Mukesh Ambani takes the #1 Richest Position.<\/p>\n","protected":false},"excerpt":{"rendered":"

I just read this from many other news source which mentioned that our indian business magnet has become the worlds richest man today ie October 29th 2007. Here are some source for the news – Billionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon […]<\/p>\n","protected":false},"author":1,"featured_media":17954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[725],"tags":[],"class_list":{"0":"post-122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corporate-talk","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/mukesh-ambani-pic.jpg?fit=200%2C221&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":145,"url":"https:\/\/www.amitbhawani.com\/blog\/mukesh-ambani-gifts-neeta-ambani-jet-worth-242crores\/","url_meta":{"origin":122,"position":0},"title":"Mukesh Ambani Gifts Neeta Ambani Jet worth 242Crores","author":"Amit Bhawani","date":"November 2, 2007","format":false,"excerpt":"Mukesh Ambani has been declared the richest man, a few days ago. He gifted his wife, Neeta Ambani, the most expensive birthday gift of all, a Rs 242 Crore Airbus 319 Corporate Jet, if news items are to be believed on her 44th birthday which is a luxury jet with\u2026","rel":"","context":"In "Corporate Talk"","block_context":{"text":"Corporate Talk","link":"https:\/\/www.amitbhawani.com\/blog\/category\/corporate-talk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89,"url":"https:\/\/www.amitbhawani.com\/blog\/mukesh-ambanis-new-home-antilia\/","url_meta":{"origin":122,"position":1},"title":"Mukesh Ambani’s new home Antilia","author":"Amit Bhawani","date":"October 10, 2007","format":false,"excerpt":"Mukesh Ambani's new house Antilia is under construction right now and is said to have 27 floors with 600 full staff to be working in the whole building.The height of these 27 floors would be equivalent to 60 floors of a normal building\/apartment. The current residence of mukesh ambani is\u2026","rel":"","context":"In "Corporate Talk"","block_context":{"text":"Corporate Talk","link":"https:\/\/www.amitbhawani.com\/blog\/category\/corporate-talk\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/mukesh-ambani.jpg?fit=220%2C264&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":352,"url":"https:\/\/www.amitbhawani.com\/blog\/reliance-power-free-bonus-shares-for-saving-brand-image\/","url_meta":{"origin":122,"position":2},"title":"Reliance Power Free Bonus Shares for Saving Brand Image?","author":"Amit Bhawani","date":"February 19, 2008","format":false,"excerpt":"Reliance Power : A project from Anil DhiruBhai Ambani group was recently highly in media because of the issue of Reliance Power IPO which was announced to be India's biggest IPO which was once announced oversubscribed by 73 times and made a big surprise in the Indian stock market industry.\u2026","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/www.amitbhawani.com\/blog\/category\/business\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":208,"url":"https:\/\/www.amitbhawani.com\/blog\/reliance-jewels-from-reliance-retail-limited-launched\/","url_meta":{"origin":122,"position":3},"title":"Reliance Jewels from Reliance Retail Limited Launched","author":"Amit Bhawani","date":"November 19, 2007","format":false,"excerpt":"Mukesh Ambani owned Reliance Retail Limited[RRL] has now ventured into \"jems\" and \"jewellery trade\" with a aim of launching 300 stores all over india during 3 years time frame. This step was taken because of the never ending demand of jewels. The first store is launched in banglore - Jaya\u2026","rel":"","context":"In "Corporate Talk"","block_context":{"text":"Corporate Talk","link":"https:\/\/www.amitbhawani.com\/blog\/category\/corporate-talk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15035,"url":"https:\/\/www.amitbhawani.com\/blog\/reliance-big-tv-adds-channels-including-dd-sports-hd\/","url_meta":{"origin":122,"position":4},"title":"Reliance BIG TV adds New channels including DD Sports HD","author":"Neal","date":"October 1, 2010","format":false,"excerpt":"Reliance BIG TV, the DTH arm of Reliance Anil Dhirubhai Ambani Group today launched 7 new channels including DD HD keeping Common Wealth games in mind taking the count to 238 TV channels and 11 Radio channels for its subscribers. 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