Our Bureau
Mumbai
Billionaire industrialist Mukesh Ambani witnessed a significant rise in his net worth on Wednesday after it topped the $100 billion mark post strong quarterly results and a soaring share price of Reliance Industries. The share price of the oil-to-telecom conglomerate has rallied eight per cent in three days after the Ambani-led empire reported strong January-March quarter results for fiscal 2024-25 on April 25.
The financial surge comes in the backdrop of renewed foreign investor inflows amid easing global trade tensions that began in the second half of March 2025. Ambani emerged as the biggest gainer during this period, with his net worth surging by nearly $20 billion from a March low of around $81 billion to over $100 billion, according to Bloomberg Billionaire Index. The index last saw his net worth at $99.24 billion.
The other major players who rode the wave of financial gains were Sun Pharmaceutical’s Dilip Shanghvi and Bharti Airtel’s Sunil Mittal. Both of their net worth rose by more than $4.9 billion from March lows to $28.8 billion and $27.4 billion, respectively.
Ambani is the 16th richest globally followed by the ports-to-power conglomerate’s chairman, Gautam Adani, with a net worth of $77.5 billion. Adani is the 20th richest person globally with HCL Enterprise chairman Shiv Nadar securing the 43rd position. Nadar is the third richest Indian in the index, with a net worth of $36.4 billion.
