Mukesh Ambani again joins $100 billion club, his net worth is now Rs…

Shares of Reliance Industries, have been rising for the third consecutive day. This rise led to an increase in the net worth of Mukesh Ambani and took him back into the $100 billion club.

According to Forbes’ Real-Time Billionaires list, Mukesh Ambani’s net worth has now reached $106.1 billion. Reliance Industries shares are growing after its quarterly results last Friday. After the announcement, Reliance’s stock started rising and continued their gain till the date.

Reliance Stock Performance

Reliance Industries’ stock has risen over 8% in the past three trading sessions. Year-to-date, the stock has climbed by 14.79%, with a 9.98% rise in just one month. As of Wednesday, at 2:40 PM IST, the stock was trading 0.57% higher at Rs 1,408.35, and the company’s market capitalization also reached to Rs 19 lakh crore.

Reliance’s stock has a 52-week high of Rs 1,608.95 and a low of Rs 1,115.55 after its strong market performance.

India’s Richest Individuals

Mukesh Ambani is not only the richest individual in India but also the wealthiest in Asia. After him Gautam Adani is in the list, whose net worth is at $61.8 billion. Other Indian billionaires are Shiv Nadar with $35.4 billion, Dilip Shanghvi with $28.8 billion and Cyrus Poonawalla: $26.1 billion.

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