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Mukesh Ambani is now richer than Warren Buffet

Bloomberg billionaires index As of Thursday states that Mukesh Ambani surpassed Warren Buffett is the world’s richest index. Mukesh Ambani, chairman of Reliance industries limited now holds a worth of dollar 68.3 billion. On the other hand, Warren Buffet stands at dollar 67.9 billion.
Shares of Reliance industries have zoomed consistently after hitting a low in March. This comes as its digital unit Jio platforms secured more than dollar 15 billion investments from major companies all over the world. Jio platforms are the Digital arm of Reliance Industries which has cracked deals with 12 major investors all over the world within a span of just two months. Some of its biggest investors are Facebook, silver lake, and Intel. In the current week only, BP Plc purchased a dollar 1 billion stakes in its fuel retail business. This deal will facilitate the rebranding of Reliance owned fuel outlets as Jio BP outlets.
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Ambani is also the only Asian tycoon in the exclusive club of the world’s top 10 richest people. In the same index, Warren Buffet dropped to the ninth position this week after donating dollar 2.9 billion to charity. The nine-year-old has given away more than dollar 37 billion of Berkshire Hathaway stock since 2006.
63-year-old Indian business tycoon, Mukesh Ambani is now the 8th richest person on the planet wild buffet is in 9th position.
The 89-year-old business tycoon, Warren E. Buffett has donated dollar 2.9 billion worth of Berkshire Hathaway stock to charity. He has done this in order to follow through on his pledge to give away nearly all his stake and share with philanthropic causes by the time he dies. This was his 15th annual donation since the year 2006. All this time, he has donated nearly $37 billion worth of Berkshire stock on various occasions. This amount is measured by the value of the shares at the respective time when they were donated. Currently, The vale of stock Mr. Buffett still owns after all these donations are approximately $67 billion.