India’s wealthiest Tycoon, Now Richer than American Money Magnet

India’s wealthiest Tycoon, Now Richer than American Money Magnet

Mukesh Ambani has had a rollercoaster 2020, cutting string of deals for his digital business, undergoing wild swing of his wealth. Now he can add another chapter- eclipsing the fortune of Warren Buffett.

Mukesh Ambani

The chairman of Reliance Industries Ltd. is now worth $68.3 billion.

Facebook and Silverlake invested $15 Billion in investments with Ambani’s Indian conglomerate.

And BP Plc paid $1Billion for stake in Reliance’s fuel-retail business.

Warren Buffett

Money Magnet Buffett’s is now worth $67.9 billion as of Thursday (July 09,2020), has slipped down the ranking of Bloomberg Billionaires Index.

Berkshire Hathaway’s stock performance has also underwhelmed recently.

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