‘Global gamechanger’ Mukesh Ambani adds $7 billion wealth in just 5 months


The Economic Times reports:
NEW DELHI: Billionaire Mukesh Ambani, 60, whose conglomerate Reliance Industries (RIL) toppled Tata Group's TCS to become the most valued stock on BSE this April, has seen his wealth swell by over $7 billion so far this calendar. This was the biggest rise in wealth among Ambani's Indian peers, thanks to a surge in the shares of Reliance Industries on healthy growth in core business quarter after quarter and a good response to his telecom venture Reliance Jio, whose subscriber base touched 10.9 crore at the end of FY17.
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