Summary:
Reliance Industries Chairman Mukesh Ambani is unstoppable with his winning spree as he once again become the wealthiest person in Asia after China`s Zhong Shanshan lost $22 billion in the week.
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Reliance Industries Chairman Mukesh Ambani is unstoppable with his winning spree as he once again become the wealthiest person in Asia after China`s Zhong Shanshan lost $22 billion in the week.
According to Bloomberg Billionaires Index.
Zhong Shanshan`s bottled-water company tanked a record 20 per cent this week, making Mukesh Ambani the richest person in Asia.
With a net worth of about $80 billion, Mukesh Ambani is now richer than Zhong Shanshan, who is worth $76.6 billion.
Zhong Shanshan had previously become Asia`s richest person, surpassing Chinese tech titans like Jack Ma.
For the past two years, Mukesh Ambani has lead the ranking of Asia`s richest people.
But, Zhong Shanshan grabbed the title of Asia`s richest person from Mukesh Ambani after the listing of his two companies.
By early 2021, Zhong Shanshan was the sixth-wealthiest person on Earth.
Over time, Zhong Shanshan`s Nongfu Spring Co.
more than tripled to a peak in January, while his Beijing Wantai Biological Pharmacy Enterprise Co.