India’s Ambani now the world’s fifth richest person

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India’s Ambani now the world’s fifth richest person
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With a US$77 bil fortune, he is the only Asian in the top 5. FMTNews WorldRichest Billionaires Ambani

Ambani’s wealth rose a further US$3.5 bil on Friday, bringing him closer to Mark Zuckerberg.

The jump in ranking is just the latest milestone for Ambani, 63, whose fortune has surged by US$22.3 billion since the beginning of the year. Ambani’s dealmaking has helped make India a bright spot for M&A during an otherwise barren year, with Indian news channel ET Now reporting that Amazon.com Inc is in early talks for a stake in Reliance’s retail division.Two weeks ago, he surpassed Warren Buffett, now ranked No 6. He overtook Elon Musk and Google co-founders Sergey Brin and Larry Page days later.

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