Mukesh Ambani Is Set To Join The Elite Club Billion In Assets.
- Mukesh Ambani's net worth is now 10 billion less than Warren Buffett' Calculation that the share price will go up to Rs
- The company has a net worth of 4.5 billion.
Reliance Industries chairman Mukesh Ambani's net worth has risen by 4.5 billion to 4.5 billion and is set to reach the elite club of the world's most decadent with more than 100 billion. Shares of the company rose by Rs 2.50 to a new high of Rs 4.5 crore today, taking its market capitalization to Rs 12.5 lakh crore. With this, Mukesh Ambani's net worth also increased to a height of 4.5 billion.
Warren Buffett, one of the richest men globally, has a net worth of 104.5 billion. As a result, Mukesh Ambani's net worth is now as low as 10 billion. Meanwhile, the net worth of Reliance Industries 'chairman is now close to L'Oreal's Francois Batoncourt Meyers' net worth of 4.5 billion.
Reliance Industries has announced an ambitious plan to invest 10 billion in clean NGOs at the AGM this year after gaining billions of dollars in global investment in its digital geo-platforms business in 2020. In addition, last week, Reliance Industries acquired a controlled holding in the healthcare sector by reaching 25 million shares in Strand Life Sciences.
News that Reliance has entered the global acquisition race and bid to acquire T-Mobile, the largest telecom company in the Netherlands, for 3.5 billion, has taken the stock to new heights today as funds and investor attraction in Reliance Industries have increased.
Given Reliance's ambitious plans, analysts predict a surge in Reliance's share price to as high as Rs 2,000. The market expectation is that Reliance Industries' stock will reach Rs 2,000 in the next 8 to 12 months.
- Mukesh Ambani family's net worth is 104 billion.
- The Mukesh Ambani family's net worth has crossed 103 billion with a 5 percent stake in Reliance Ind.
- Reliance to consider 2.5 billion stakes in Netherlands telecom company
Reliance Industries Ltd wants to acquire a controlling stake in Dutch telecom company T-Mobile Netherlands BV. For this, Reliance may make a non-binding offer of 4.5 billion.
source from Gujarat Samachar