By Thilak October 29, 2007

Mukesh Ambani is the world’s richest man!

Mukesh Ambani The money race is on! Few months back, we wrote that Carlos Slim Helu went beyond Bill Gates as the world’s richest man. And today, Business Standard is reporting that Indian billionaire, Mukesh Ambani, took the first place as the world’s richest man. Putting Carlos to the second place and Bill Gates to the third.

Thanks to the Bull Run in Indian Stock Market, the stock prices of three group companies owned by Mukesh Ambani went up. It took Mukesh’s net worth to $63.2 billion (Rs 2,49,108 crore).

Business Standard compares 5 richest people in the world by their net worth. Two out of five are Indians:

  1. Mukesh Ambani ($63.2 billion)
  2. Carlos Slim Helu ($62.2993 billion)
  3. William (Bill) Gates ($62.29 billion)
  4. Warren Buffett ($55.9 billion)
  5. Lakshmi Mittal ($50.9 billion)

Prior to this, Warren Buffett occupied the 3rd slot and Lakshmi Mittal was in the 4th place. Just last year, Mukesh was nowhere to be seen in the list of top 5 richest people.

[via: Quick Online Tips]

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Discussion

Comments for “Mukesh Ambani is the world’s richest man!”

  • yeah, I still cannot believe this news. I was thinking if some Indian will ever be able to beat the place and he just did it... :) hats-off
  • Yeah I heard the news yesterday... I hope he will remain as the #1 richest man for a considerable amount of time. But Sensex is so volatile. Let see whether luck favors him and the Indians..
  • Whoah !! I'd say its a close shave. But, he really did achieve it. But, kudos to Dhirubhai, the man behind everything Reliance !!
  • hi
    best of luck mukesh ambani

    u will be on top everytime
  • Makes me feel all dizzy when I look at their wealth. Is it good to have so much money accross so few people? Ah whatever, at least Mr Bill Gates donates tonnes of money to poor starving people. He may own windows which is nothing on OSX, but he's a good man :)
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