Mukesh Ambani earns US$31,202 every minute and is worth more than Tanzania’s GDP – plus 9 more crazy facts about Asia’s richest person

Jul 10 , 2020

Mukesh Ambani, chairman and managing director of Reliance Industries, has billions of reasons to be smiling. Photo: Reuters

Friends with Hillary Clinton and Google CEO Sundar Pichai, Indian businessman Mukesh Ambani earns 7.2 million times the average Indian and is worth US$68.4 billion – greater than the GDPs of Latvia, Botswana and Niger combined – making him the richest person all of Asia and 9th in the world

Mukesh Ambani has been India’s richest person for 12 years in a row. He’s also the richest person in all of Asia, according to both Forbes and Bloomberg.

The Indian businessman, the chairman and majority shareholder of US$100 billion conglomerate Reliance Industries, is worth about US$68.4 billion, making him the ninth-richest person in the world.

Ambani’s wealth has more than doubled in the past 10 years and he grew richer in 2019 even as most of India’s richest people lost money. His fortune took a hit in the spring of 2020 due to the coronavirus pandemic, but his companies have since been thriving.

Here are 11 mind-blowing facts that show just how wealthy Asia’s richest man really is.

Mukesh Ambani, the richest person in India and all of Asia, has more than doubled his wealth in the past 10 years

Mukesh Ambani has seen his wealth double in the past decade. Photo: AFP

In 2010, he was worth an estimated US$27 billion. Today, he's worth US$68.4 billion, according to the Bloomberg Billionaires Index.

Ambani is the first Asian member of the world's top 10 richest people

In 2020, his wealth surpassed that of Oracle co-founder Larry Ellison and the world’s richest woman, Francoise Bettencourt Meyers, to become the ninth-richest person in the world, according to Fortune.

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