India It is the third country with the largest number of billionaires in the ranking Forbes Billionaires 2023 Mukesh Ambani is the richest person in the country.
(Net assets as of March 10, 2023)
169 billionaires (compared to 166 billionaires in 2022)
total net worth $675 billion (down $75 billion from 2022)
the richest person Mukesh Ambani, with an estimated net worth of $83.4 billion
- About Mukesh Ambani:
Founder and President of Reliance Industries
noOh 9 in the ranking Forbes Billionaires 2023
net value : 83.4 billion dollars
Sources of income : miscellaneous
age : 65 years | residence : Mumbai, India | nation : India | Private life : married | children) : 3 | Education : Stanford University (dropping out); Bachelor of Science in Engineering, University of Mumbai
Mukesh Ambani heads and operates Reliance Industries, which has a turnover of $104 billion It has interests in the petrochemical, oil and gas, telecom and retail sectors. Reliance Industries was founded in 1966 by his late father Dhirubhai Ambani, a yarn merchant, in the form of a small textile mill. After the death of his father in 2002, Mukesh Ambani and his younger brother Anil became involved in the family empire.
Reliance Industries sparked a price war in the telecom industry when it launched 4G phone and broadband service Jio in 2016. Today, it has more than 430 million subscribers and is rapidly rolling out 5G services.
Mukesh Ambani is shifting Reliance Industries towards green energy. The company will invest $80 billion Over the next ten to fifteen years in the field of renewable energy and a new complex will be built next to its refineries. Mukesh Ambani outlined the succession plan: his son Akash is now the chairman of Reliance Jio, his daughter Isha oversees the retail business and his youngest son Anant has been integrated into the new energy sector.
Translated article from Forbes US – Author: Forbes Wealth Team
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