Mukesh Ambani had a rollercoaster 2020 that created a string of deals for his digital company, went through crazy fluctuations in his wealth, and had his brother’s finances laid bare for the globe to see.
The Forbes Real-Time Billionaires Index reveals that Reliance Industries Chairman Mukesh Ambani has overtaken legendary investor Warren Buffett in terms of net worth.
Ambani’s net worth stood at $70.1 billion, up $2 billion today, compared to Buffett who stood at $67.8 billion, according to the latest data.
Ambani, 63, is currently the eighth richest person in the world, and according to the ranking that launched in 2012, Buffett is seventh.
Although the wealth of Ambani has jumped — he is the only Asian tycoon in last month’s club of the world’s top ten wealthiest people. The wealth of Buffett has fallen this week since donating $2.9 billion to charity.
Amazon founder Jeff Bezos is the wealthiest person in the world, with a net worth of $188.2bn.