Mukesh Ambani overtakes Hong Kong's Li Ka-shing to become second richest man in Asia: report

Mukesh Ambani overtakes Hong Kong's Li Ka-shing to become second richest man in Asia: report

Reliance Industries Chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia's second-richest man.

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BusinessToday.In
  • Aug 1, 2017,
  • Updated Aug 1, 2017 4:09 PM IST

Reliance Industries Chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia's second-richest man. According to the Bloomberg Billionaires Index, Ambani's wealth has seen a rise of $12.1 billion with the oil-to telecom conglomerate's shares seeing a surge with investors rallying behind his decision to launch the cheapest 4G phone, according to a Bloomberg report. : Tired of paying income tax? There's no need to pay taxes in these 10 countries

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Reliance Industries Chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia's second-richest man. According to the Bloomberg Billionaires Index, Ambani's wealth has seen a rise of $12.1 billion with the oil-to telecom conglomerate's shares seeing a surge with investors rallying behind his decision to launch the cheapest 4G phone, according to a Bloomberg report. : Tired of paying income tax? There's no need to pay taxes in these 10 countries

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