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Who became the First Indian to join top 10 richest billionaire list of Hurun Research?
- a)Pallonji Mistry
- b)Lakshmi Mittal
- c)Azim Premji
- d)Mukesh Ambani
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
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Who became the First Indian to join top 10 richest billionaire list of...
Reliance Industries Chairman and Managing Director Mukesh Ambani became the first Indian and the only Asian to enter the Global top 10 richest billionaire list compiled by Hurun Research, China after a USD 9 billion or 20% surge in his wealth to USD 54 billion. India is at 5th spot with 104 billionaires. Last year, the country had added 32 billionaires, but this year it lost 28.Mumbai and New Delhi are the billionaire capitals of the country.
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Who became the First Indian to join top 10 richest billionaire list of...
The correct answer is option D: Mukesh Ambani.
Mukesh Ambani, the chairman of Reliance Industries Limited (RIL), became the first Indian to join the top 10 richest billionaire list of Hurun Research. Here is a detailed explanation of this answer:
Background:
- Hurun Research is a leading luxury publishing and events group based in China that releases annual rankings of the world's billionaires.
- The list is compiled by calculating the net worth of individuals based on their equity holdings in listed companies, real estate, investment portfolios, and other assets.
Mukesh Ambani:
- Mukesh Ambani is an Indian business magnate and the richest person in India. He is the chairman and largest shareholder of Reliance Industries Limited, a conglomerate with interests in petrochemicals, refining, oil, telecommunications, and retail.
- Under his leadership, RIL has grown exponentially and diversified its business into various sectors, making it one of the largest and most valuable companies in India.
- Ambani is known for his vision and strategic thinking, which has led to the success of Reliance Industries.
Mukesh Ambani's inclusion in the top 10 richest billionaire list:
- In April 2020, Hurun Research released its annual list of billionaires, and Mukesh Ambani's net worth was estimated to be $64.5 billion.
- With this, he secured the ninth position on the list, making him the first Indian to enter the top 10.
- The increase in Ambani's net worth can be attributed to the success of Reliance Industries' digital arm, Jio Platforms, which has attracted significant investments from global tech giants like Facebook, Google, and Qualcomm.
- Additionally, RIL's retail business has also performed well, further contributing to Ambani's wealth.
Significance of Mukesh Ambani's achievement:
- Mukesh Ambani's inclusion in the top 10 richest billionaire list is a testament to his business acumen and the success of Reliance Industries.
- It highlights the growth and potential of the Indian economy.
- Ambani's wealth and influence make him a key player in the global business landscape and an inspiration for aspiring entrepreneurs in India.
In conclusion, Mukesh Ambani became the first Indian to join the top 10 richest billionaire list of Hurun Research. His inclusion is a result of his leadership at Reliance Industries and the success of Jio Platforms and the retail business. This achievement highlights Ambani's business acumen and the growth of the Indian economy.
Mukesh Ambani, the chairman of Reliance Industries Limited (RIL), became the first Indian to join the top 10 richest billionaire list of Hurun Research. Here is a detailed explanation of this answer:
Background:
- Hurun Research is a leading luxury publishing and events group based in China that releases annual rankings of the world's billionaires.
- The list is compiled by calculating the net worth of individuals based on their equity holdings in listed companies, real estate, investment portfolios, and other assets.
Mukesh Ambani:
- Mukesh Ambani is an Indian business magnate and the richest person in India. He is the chairman and largest shareholder of Reliance Industries Limited, a conglomerate with interests in petrochemicals, refining, oil, telecommunications, and retail.
- Under his leadership, RIL has grown exponentially and diversified its business into various sectors, making it one of the largest and most valuable companies in India.
- Ambani is known for his vision and strategic thinking, which has led to the success of Reliance Industries.
Mukesh Ambani's inclusion in the top 10 richest billionaire list:
- In April 2020, Hurun Research released its annual list of billionaires, and Mukesh Ambani's net worth was estimated to be $64.5 billion.
- With this, he secured the ninth position on the list, making him the first Indian to enter the top 10.
- The increase in Ambani's net worth can be attributed to the success of Reliance Industries' digital arm, Jio Platforms, which has attracted significant investments from global tech giants like Facebook, Google, and Qualcomm.
- Additionally, RIL's retail business has also performed well, further contributing to Ambani's wealth.
Significance of Mukesh Ambani's achievement:
- Mukesh Ambani's inclusion in the top 10 richest billionaire list is a testament to his business acumen and the success of Reliance Industries.
- It highlights the growth and potential of the Indian economy.
- Ambani's wealth and influence make him a key player in the global business landscape and an inspiration for aspiring entrepreneurs in India.
In conclusion, Mukesh Ambani became the first Indian to join the top 10 richest billionaire list of Hurun Research. His inclusion is a result of his leadership at Reliance Industries and the success of Jio Platforms and the retail business. This achievement highlights Ambani's business acumen and the growth of the Indian economy.
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Who became the First Indian to join top 10 richest billionaire list of Hurun Research?a)Pallonji Mistryb)Lakshmi Mittalc)Azim Premjid)Mukesh Ambanie)None of theseCorrect answer is option 'D'. Can you explain this answer?
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