A year ago, the Chinese business tycoon Jack Ma was the richest person in Asia, but currently, in 2021, Forbes magazine has officially announced that Mukesh Ambani is the richest man in Asia. Being the chairman of Reliance Industries, Ambani dethrones Jack Ma from the spot of Asia’s richest person. Ambani is also the richest person in India and is ranked 10th on the global billionaire’s list. Gautam Adani, the Chairman of the Adani group, is the second richest person in the country and is ranked 24th on the global list of billionaires.
Net worth and businesses:
Mukesh Ambani is worth an estimated USD 84.5 billion and being a well-renowned business icon worldwide, he has been mentioned as the richest person in the Forbes data before too. As per the Forbes 35th annual list, India has the world’s 3rd highest number of billionaires and Ambani is one of them. As per the reports, Reliance Jio owned by him is one of the most renowned and largest telecom networks currently in the country. More than $20 billion has been raised within a few months by the Jio company. Some reports also stated that Ambani has lifted up his fortune by selling his holdings in Reliance’s digital and retail units to investors. Emerging once again as the wealthiest person in Asia, Reliance Industries Ltd. remains unaffected as it was known that Ambani’s oil to chemical business would turn to an independent unit.
Ambani’s future plans:
Plotting for a technology future, billionaire Ambani lays out a vision for technology’s future. Having a meeting conducted on their plans, Ambani and his children, Isha and Akash Ambani gave a glimpse of the idea of a 5th generation wireless network to bring many T.V channels together. It simply means that some huge streaming platforms like Netflix, Hotstar, Amazon Prime, and others will be under one umbrella now. Google is one of the latest investors to join Jio and with upcoming plans, Jio might be a huge rival to amazon.com Inc. and other such e-commerce platforms. Currently, Google and Jio are building an OS for producing cheaper 4G/5G smartphones. JioMart and WhatsApp are also collaborating to make their platform much more customer-friendly. Another announcement made by their group is regarding the Jio Glass, which indicates a plan of developing a 3D virtual classroom to give an enhanced learning experience to students. Still many of his plans are under development. Well, this Indian businessman has gained much more popularity over the years and within this year, he earned more billions too. This was some of the information regarding Indian business tycoon Mukesh Ambani and him becoming Asia’s and India’s richest man in 2021.