New Delhi: Following on the footsteps of his elder brother, Anil Ambani has surged ahead in the wealth race as he entered the exclusive trillionaire club with personal riches of over Rs 100,000 crore in terms of share holding in various group companies.
As per the closing prices on Friday on the Bombay Stock Exchange, the value of Anil Ambani share was worth Rs 100,334 crore while market capitalisation of his group soared to Rs 162,930 crore.
As Ambani junior enters the league of India’s top-notch business tycoons, he also silences his worst critics who had earlier written him off for his party-goer image and association with star kids and politicians.
After the Reliance Groups’ de-merger, Anil Ambani’s groups of companies were eyed with a lot of doubt and apprehension. However, the soaring profits on the balance sheets now prove Anil’s capability as an avid businessman and a corporate head.
On the BSE, while Mukesh Ambani’s wealth climbed upwards of Rs 115,000 crore, shares held by of Anil’s group companies—Reliance Communication and Reliance Capital touched an all time high of Rs 551 and Rs 1,149 respectively, resulting in the increase in wealth.
KP Singh, Chairman of recently listed real estate giant DLF is close behind with the wealth of about Rs 85,000 crore in terms of market capitalisation of his share in the group company as per the closing at BSE on Friday.
With inputs from PTI
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