Indian Billionare Mukesh Ambani beats Bill Gates
Oct 29th, 2007 by MadV
Indian billionare enters history along with the booming sensex. As the Sensex [Sensitive Index, Bombay Stock Exchange, India] crosses 20K points, Reliance Group headed by Mukesh Ambani grabs a big fortune.

Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd contributes heavily to the net worth of Mukesh Ambani making a $63.2 billion figures(Rs 2,49,108 crore). On the other hand the net worth of Bill Gates is estimated to be slightly lower at around $62.29 billion. And now the richest person in the world is an Indian, Mr. Mukesh Ambani.
Mukesh was ranked as the 14th richest in the world Forbes Magazine on August 30th 2007. And his brother Anil Ambani, heading Reliance Communication, had a place below him. The non-Ambani Indian, Lakshmi Mittal also finds a top place in the list.
RPL, [Reliance Petroleum Ltd] has shown an increase of Rs 221 per share today. Along with other Reliance subsidiaries now the company worths more than Microsoft. Surely this is a sign of Indians taking over the global market.
A remarkable increase in sensex points is supposed to be due to the announcement from SEBI quoting that the p-note issue is now settled down.
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