Mukesh Ambani owes Reliance Jio for becoming Asia's second richest

Mukesh Ambani owes Reliance Jio for becoming Asia's second richest

Nevin John | August 02,2017

The chairman of Reliance Industries has , according to reports, added $12.1 billion to his wealth this year.

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.

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