Asia’s Richest Person Re-Joins $100 Billion Club as Stock Surges

  • Ambani’s Reliance Industries closed at a record high Thursday
  • He now Asia’s richest person, ahead of compatriot Gautam Adani
Mukesh AmbaniPhotographer: Dhiraj Singh/Bloomberg

Mukesh Ambani is once again a centibillionaire.

The richest person in India — and in Asia — saw his wealth climb $2.8 billion to $101.8 billion Thursday, as shares of his flagship, Reliance Industries Ltd., rose 2.6% to close at a record high. He’s returning to the $100-billion club for the first time since June 2022, according to the Bloomberg Billionaires Index.