So what if India saw an economic slowdown this year and has some hiccups going? Reliance Industries Chairman, Mukesh Ambani knows no slowdown! For the 10th Time in a row Mukesh Ambani again made it to the top in the Forbes India rich list. The only way he knows is the one that goes ahead, one that grows ahead!
While the elder brother retained his top spot the younger brother slipped places from the 32nd place in 2016 to 45th place in 2017 Forbes India Rich List.
The oil and gas Tycoon added a whooping, USD 15.3 billion to his net worth while others were toiling hard to digest demonetization and the implementation of the Goods and Services tax. While entrepreneurs were having a tough time Mukesh Ambani was hardly bothered. The net worth of Mukesh Ambani now stands at USD 38 Billion. Well he can surely buy half the India with that!
Forbes India said that the economic adventures and experiments of Prime Minister Narendra Modi have not in any away affected the BIG BILLIONAIRES of the nation.
Credit goes to Jio
This big surge seen in the net worth of Mukesh Ambani is clearly a narrative of the thundering grand success of Jio! Jio has been able to procure 130 million subscribers since its 2016 launch. The success of Jio speaks in the increased net worth of Mukesh Ambani.
Who’s second in the list?
Second in the list is Azim Premji, the face of Wipro. His net worth as per the Forbes India rich list is exactly half of that of Mukesh Ambani. Azim Premji’s networth is USD 19 Billion and now you see that Mukesh Ambani holds the number one spot with a clear distinction and now one besides Azim Premji is anywhere even half close to him.