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Tuesday, October 30, 2007

Now When is He Going to Give It All Away

With the booming stock market, chief of Reliance India Ltd, Mukesh Ambani is the latest richest man on the planet.

New Delhi: Billionaire Mukesh Ambani today became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.
Following a strong share price rally today in his three group companies -- India’s most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd -- the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).
In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.
Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about 56 billion dollars. [PTI - Livemint]

So when will Mukesh give it all away just like Gates and Buffet are?