Mukesh Ambani the richest man in the world?

October 29, 2007

Well guess what?

The guy who is knowning for own India, Mukesh Ambani along with his brother Anil Ambani are known to be the richest people in the world. However, Mukesh was getting bored, so he decided he should take the lead as number 1, and he sure made it. As you might have seen, the average man tries to earn money for a living, these guys earn money as if its a game of tetris. Who gets the high score. The Ambani’s are holders in Reliance Industires Ltd.

According to a report by the Press Trust of India released on Monday, which pegged his wealth at $63.2 billion (almost Rs 2.49 lakh crore).

He has reportedly just overtaken Carlos Slim of Mexico and Microsoft’s Bill Gates, whose personal assets are $62.299 billion and $62.290 billion respectively. The calculations take into account Ambani’s holding in Reliance Industries and Reliance Petroleum through Reliance Industries, apart from stakes in Reliance Industrial Infrastructure Ltd.

However, some say he is not yet there. “Ambani’s holding in Reliance Petroleum should not be counted, as he doesn’t hold any share in the company directly and the price of Reliance Industries already reflects its investment in Reliance Petroleum,”.

Hmm, it doesn’t matter even if they count his stake in Petroleum. As the dollar gets weaker and weaker, Ambani will outtake Billy in a matter of time. If Billy wants to stay on top, he should come up with microsoft currency. Rawr.

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Posted in Believe it or NOT, Business/Stocks, Random