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Mukesh Ambani joins Bezos, Musk in world's exclusive $100 bn club

The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate's stock climbed to a record on Friday

Mukesh Ambani, Chairman & MD, RIL
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Mukesh Ambani

Bloomberg
Mukesh Ambani, Asia’s richest person, joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least $100 billion.

The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his conglomerate’s stock climbed to a record on Friday. He’s now worth $100.6 billion, according to the Bloomberg Billionaires Index, after his wealth increased by $23.8 billion this year.

Since inheriting the oil-refining and petrochemicals businesses of his late father’s empire in 2005, Ambani, 64, has been seeking to transform the energy giant into a retail, technology and e-commerce titan. His telecommunications

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