Mukesh Ambani No Longer World’s Fourth Richest Man After Drop In Net Worth

Reliance Industries Limited Chairman and Managing Director Mukesh Ambani is no longer the fourth richest man in the world! ALSO READ| EXPLAINED | From WSJ Revelations To Blame Games Between BJP-Congress; All About Facebook Hate Speech Controversy The Reliance Chairman had recently also surpassed business titans like Tesla and SpaceX's Elon Musk and Google co-founders Sergey Brin and Larry Page, as well as Warren Buffett. After Reliance's telecommunications company Jio received investments in billions from global giants like Facebook, Silver Lake and Qualcomm, the conglomerate's shares doubled, making Mukesh Ambani richer than several of his peers internationally. In July 2018, Ambani had replaced Alibaba's Jack Ma to become Asia's richest man with a net worth of $44.3 billion.