Indian billionaire Mukesh Ambani added $3.7 billion to his net worth last Friday, as shares of his main company surged after the entrepreneur doubled his clean energy goals.
The wealthiest person in Asia is now $92.6 billion, according to the Bloomberg Billionaires Index. As the Indian billionaire approaches Françoise Bettencourt Myers from L'Oreal, who has a fortune of 92.9 billion dollars, the two men also reduce the difference between them and enter the club of wealthy people exceeding 100 billion dollars.
According to (Al Arabiya.net), Ambani's jump was caused by a rise in the shares of Reliance Industries Ltd., after he said that the company would aggressively continue to produce cheaper green hydrogen. .
The telecommunications unit of the Ambani empire, known for making a splash in the business it enters, has become the dominant player in the Indian market as it expands its digital operations with the support of investors including Including Facebook after it participated in a deal said to be worth up to 25 billion dollars.
This year Ambani also unveiled an ambitious $10 billion plan to invest in clean energy, marking a new hub for India's most important company.
The goal is in line with Prime Minister Narendra Modi's ambitions to combat climate change and reduce imports to the world's third-largest oil consumer.
Reliance shares rose 4.1% to a record high in Mumbai on Friday.
