10Billionaires
PROFILE
Mukesh Ambani
Founder And Chairman, Reliance Industries
$94.3B
$403M (0.43%)
Real Time Net Worth
as of 11/14/22
#8 in the world today
$90.7B
2022 Billionaires Net Worth
as of 4/5/22
• Mukesh Ambani chairs and runs $104 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom and retail.
• Reliance was founded by his late father Dhirubhai Ambani, a yarn trader, in 1966 as a small textile manufacturer.After his father's death in 2002, Ambani and his younger sibling Anil divvied up the family empire.
• Reliance sparked a telecom price war with the launch of 4G phone and broadband service Jio in 2016. Today, it has more than 420 million subscribers and is readying to launch 5G services.
• Ambani is pivoting Reliance into green energy. The company will be investing $80 billion over the next 10-15 years on renewable energy and building a new complex next to its refinery.
• Ambani has spelled out his succession plan: son Akash is now chairman of Reliance Jio; daughter Isha oversees retail and younger son Anant has been inducted into the new energy business.
• Did you know
• During the Covid-19 lockdown, Ambani raised more than $20 billion selling a third of Jio to a string of investors, such as Facebook and Google.
• Reliance owns Network18, a licensee of Forbes Media.
• Ambani's U.S.-educated daughter Isha's marriage to fellow billionaire Ajay Piramal's son in December 2018 drew 10,000 guests, including Hillary Clinton.
• Reliance Industries bought the Mandarin Oriental hotel in New York for $98 million.
• In Their Own Words
• Anything and everything that can go digital is going digital. India cannot afford to be left behind.
11Billionaires
PROFILE
Gautam Adani
$147.1B
$577M (0.39%)
Real Time Net Worth
as of 11/14/22
#3 in the world today
$90B
2022 Billionaires Net Worth
as of 4/5/22
• Gautam Adani is chairman of the $21 billion (revenue) Adani Group with interests in ports, airports, power generation and transmission, green energy, edible oils, cement and real estate, among others.
• Adani controls Mundra Port, India's largest, in his home state of Gujarat.
• Adani acquired a 74% stake in Mumbai International Airport, India's second-busiest, in September 2020. He's now the country's biggest airport operator.
• In 2022, Adani acquired Swiss firm Holcim's Indian assets for $10.5 billion to become India's second-largest cement producer.
• Adani wants to be the world's largest producer of green energy and has said he will invest upto $70 billion on renewable energy projects.
• Did you know
• Adani owns Abbot Point, a controversial coal mining project in Australia, whose Carmichael coal mine is billed as one of the world's largest.
• Adani is a college dropout, who spurned his father's textile shop to set up a commodities export firm in 1988.
• In Their Own Words
• Being an entrepreneur is my dream job as it tests ones tenacity. I could never take orders from anyone.
#12Billionaires
PROFILE
Michael Bloomberg
CEO, Bloomberg L.P.
$76.8B
Real Time Net Worth
as of 11/14/22
#13 in the world today
$82B
2022 Billionaires Net Worth
as of 4/5/22
• Michael Bloomberg cofounded financial information and media company Bloomberg LP in 1981.
• He put in the seed funding for the company and now owns 88% of the business, which has estimated revenues north of $12 billion.
• Bloomberg got his start on Wall Street in 1966 with an entry level job at investment bank Salomon Brothers. He was fired 15 years later.
• A major philanthropist, he has donated more than $12.7 billion to gun control, climate change and other causes.
• He announced a run for president in November 2019 (but dropped out in March 2020), and spent hundreds of millions to defeat Donald Trump in 2020.
• The mayor of New York City for 12 years, Bloomberg is one of just four individuals to have served that long.
• Did you know
• In November 2018, Bloomberg pledged $1.8 billion to Johns Hopkins University, his undergraduate alma mater, adding to $1.5 billion he had already given the school.
• As a teenager, Bloomberg worked at an electronics company in Cambridge, MA.
• In Their Own Words
• Organizations resist innovation and those that do inevitably fail because people are more comfortable with what they know than with what they don't.
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