Mukesh Ambani, the richest individual in Asia, has joined a membership with solely 10 different members—the 12-figure membership. The chairman of India’s Reliance Industries is now price $100.6 billion after climbing greater than $7 billion within the final 4 weeks, in line with the Bloomberg Billionaire’s Index. Reliance inventory hit a file excessive on Oct. 8.
On Oct. 7, Ambani’s firm introduced a partnership with American model 7-Eleven to carry the chain of comfort shops to India.
The world’s richest individuals
The all-male group of people price 12 figures or extra is topped by Elon Musk, whose fortunes additionally soared final week, following a $100 billion valuation of SpaceX.
Reliance Industries is a multinational conglomerate with companies in industries together with vitality, petrochemicals, pure gasoline, retail, telecommunications, and extra. It is without doubt one of the largest employers in India and ranks 155 on Fortune’s Global 500. Ambani has led the corporate since 2002.