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. surged 3,757 per cent. With a bad week for stock markets, Zhong`s companies recorded plunges.

If You Like This Story, Support NYOOOZ

NYOOOZ SUPPORTER

₹ 10 - ₹ 1000

NYOOOZ FRIEND

₹ 2000 - ₹ 5000

Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.