RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Wealth

Mukesh Ambani Races Toward World’s Exclusive $100 Billion Wealth Club

Rate Captain by Rate Captain
September 16, 2021
in Wealth
Reading Time: 2 mins read
A A
0
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

AlsoRead

Dangote Refinery Halts Petrol Sales to Importing Marketers

Otedola’s Fortune Reaches $2 Billion as FirstHoldCo Crosses N7 Trillion Market Cap

Cash Outside Banks Rises to N4.87 Trillion in August After Three-Month Decline

Mukesh Ambani added $3.7 billion to his net worth on Friday as shares of his flagship firm surged after the tycoon doubled down on his clean-energy goals.

Asia’s wealthiest person is now worth $92.6 billion, according to the Bloomberg Billionaires Index. The Indian tycoon is closing in on L’Oreal’s Francoise Bettencourt Meyers at $92.9 billion, as both move closer to a rarefied group of men with fortunes of $100 billion. Ambani’s jump was due to a surge in the shares of his Reliance Industries Ltd., after he said the company will “aggressively” pursue production of cheaper green hydrogen.

Known for disrupting businesses he enters, Ambani’s telecommunications unit has become the dominant player in the Indian market while his digital operation has expanded with backing from investors including Facebook Inc. At the same time, Saudi Aramco is looking to acquire a stake in Reliance’s oil refining business in a deal said to be worth as much as $25 billion.

Exclusive Club

Ambani is getting closer to entering the elite club of individuals who are worth more than $100 billion

Ambani this year unveiled an ambitious plan to invest $10 billion in clean energy, marking a new pivot for India’s most valuable company. The goal aligns with Prime Minister Narendra Modi’s ambitions to combat climat change and slash imports into the world’s third-biggest oil consumer.

Previous Post

The Hottest Tax Break for the Rich Is a Middle-Class Retirement Account

 Next Post

Standard Bank Faces War To Attract Wealthy Africans

Related News

Debunking the Fuel Scarcity Myth and Its Impact on Financial Wellness

Dangote Refinery Halts Petrol Sales to Importing Marketers

by Rate Captain
October 6, 2026
0

The Dangote Petroleum Refinery has stopped supplying Premium Motor Spirit to major marketers that import petroleum products into Nigeria, according...

Otedola acquires 5.52% of Transcorp Plc.

Otedola’s Fortune Reaches $2 Billion as FirstHoldCo Crosses N7 Trillion Market Cap

by Victoria Attah
September 21, 2026
0

Femi Otedola’s wealth has risen to $2 billion, according to Forbes, placing him within $100 million of Tanzania’s Mohammed Dewji...

Naira Strengthens as Anticipation Mounts for $10 Billion Forex Inflows

Cash Outside Banks Rises to N4.87 Trillion in August After Three-Month Decline

by Jide Omodele
September 21, 2026
0

Cash held outside Nigeria’s banking system increased to N4.87 trillion in August 2026, reversing three consecutive months of decline, according...

NEC Affirms CBN $3 Billion Loan for Naira Stability

Foreign Reserves Climb $12.76 Billion in a Year, Gain $708 Million in September

by Victoria Attah
September 17, 2026
0

Nigeria’s gross foreign exchange reserves rose by $12.76 billion year-on-year to $54.61 billion as of 14 September 2026, reinforcing the...

Next Post

Standard Bank Faces War To Attract Wealthy Africans

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

NNPCL Reports Record Profit of N2.548tn, Uncovers 52 Illegal Refineries

NNPC Advances IPO Preparations, Addresses Governance and Reporting Shortfalls

October 15, 2026
IMF Applauds Tinubu Policy Reforms While Lowering Growth Projections

IMF Urges Nigeria to Avoid Blanket Petrol Subsidy Return

October 15, 2026

Popular Story

  • Oil Prices Waver Near $80 as OPEC+ Meeting Looms and Supply Concerns Persist

    Nigeria Exceeds OPEC Quota for Fifth Month as Crude Output Reaches 1.53 Million bpd

    0 shares
    Share 0 Tweet 0

  • Foreign Reserves Climb to $58.81 Billion, Highest in Nearly 18 Years

    0 shares
    Share 0 Tweet 0

  • Financial Services Account for $9.64 Billion as Nigeria’s FX Demand Hits 15-Year High

    0 shares
    Share 0 Tweet 0

  • Naira Weakens to N1,332.10 at Official Window as Parallel Market Holds Steady

    0 shares
    Share 0 Tweet 0

  • Dangote Refinery Records N6.29 Trillion Profit in Nine Months as IPO Demand Increases.

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>