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RIL chairman Mukesh Ambani becomes Asia's richest person

RIL chairman Mukesh Ambani becomes Asia's richest person

President Mukesh Ambani on Wednesday left behind China's Yun Yi and became the wealthiest person in Asia to receive a total of $ 42.1 billion in total wealth.

According to Forbes' list of real-time billionaires, Ambani's private property rose by $ 466 million, which rose 1.22 per cent to Rs 952.30 on Wednesday, with Reliance Industries increasing 1.22 per cent.

On the other hand, China's Evergreen Group's Chairman Hu's Yan's property came down to $ 40.6 billion from $ 1.28 billion on Wednesday.
Globally, Ambani was at the 14th position in the Forbes list of Real Time Billionaires, which is based on the real time holding of the person's share and the value of the property.
Ambani has seen a major leap in his personal property in 2017, because the shares of Reliance Industries have increased by 75%. Last month, due to strong growth in Reliance Margin and petrochemical revenue, Reliance Industries had raised profits of one billion dollars in the September quarter.
Consolidated net profit of the company rose by 12.48 per cent to Rs 8,109 crore in the quarter ended September 30, 2017 compared to Rs 7,209 crore in the same quarter last year.
RIL became the first Indian company to market capital of Rs 6 lakh crore on Wednesday.
Ambani's telecom rival Sunil Mittal also saw a major leap on Wednesday in private property. According to Mittal's real-time Forbes, the net worth has increased from $ 751 million to $ 10.9 billion.
Bharti Airtel's share rose 8.19 percent to Rs 538.40.


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