Mumbai: The property of Mukesh Ambani, India's richest man and owner of Reliance Industries, has grown strongly in the past two days. In just two days, Mukesh Ambani's property has increased by Rs 29, 000 crore. The hike in property comes after Reliance's AGM meeting held two days ago. Reliance also made several major announcements at the meeting.
On the one hand, the stock market has seen a fall and Reliance's stock has seen a surge from the other side. The company is getting the benefit. According to the Bloomberg Billionaires Index, Mukesh Ambani now ranks 13th in the list of rich people around the world with a total wealth of $49.9 billion. Asia's richest man has grossed $5.57 billion on a year-to-date basis, with RIL's share around 15 percent.
In addition, Reliance Industries owner Mukesh Ambani made a big announcement at the AGM meeting. Mukesh Ambani has offered a plan to free the company from debt within 18 months. The company will raise funds in its oil and chemical business by partnering Saudi Aramco and BP of Britain in the fuel retail business.
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