Mukesh Ambani Overtakes Warren Buffett To Become The 5th Richest Man In the World! Reliance Chairman and India's richest business tycoon Mukesh Ambani has now surpassed the great Warren Buffett to become the 5th richest man in the world. Owing to a high price rise, Reliance Industries Limited's market valuation crossed the 11.5 lakh crore mark on July 6, 2020. As of July 6, Mukesh Ambani has officially overtaken billionaire investor Warren Buffett to become the 5th richest man in the world.
The chairman of Reliance Industries is now worth $68.3 Billion, overtaking Buffett who stands at $67.9 Billion. It has been a rollercoaster for everyone since the beginning of 2020. However, Mukesh Ambani has made the most it by signing a string of deals for his digital business. He has consistently scored massive checks throughout 2020 and still continues to do so.
With this achievement, Mukesh Ambani becomes the only Asian Tycoon to feature amongst the Top 10 richest people of the world.