Reliance Industries Ltd (RIL) Chairman and Managing Director, Mukesh Ambani has become the fifth richest man in the world with a net worth of Rs 5.702 lakh crore ($76.2 billion), according to Forbes. Ambani secured the fifth position beating Berkshire Hathaway CEO and legendary investor Warren Buffett, and Tesla and SpaceX founder Elon Musk.
Ambani’s net worth increased by $2.3 billion on July 23 (Thursday), according to Forbes, marking a jump of 3.11 per cent.
Amazon’s Jeff Bezos tops the list, followed by Microsoft co-founder Bill Gates. French billionaire Bernard Arnault and the family is in the third position, who owns the luxury goods company Louis Vuitton. Facebook co-founder and CEO Mark Zuckerberg is on the fourth position.