China’s Zhong Shanshan replaces Mukesh Ambani as Asia’s richest
NEW DELHI: Zhong Shanshan, founder of bottled water company Nongfu Spring has overtaken Reliance Industries Chairman Mukesh Ambani as the richest person in Asia, with a net worth of $77.8 billion. The Bloomberg Billionaires Index showed that Zhong’s net worth has surged $70.9 billion making him the richest man in Asian above both Mukesh Ambani […]
Market rout costs Mukesh Ambani’s crown as Asia’s richest
NEW DELHI: India’s Mukesh Ambani has lost his crown as Asia’s richest person after the latest rout across global markets wiped almost $6 billion off his fortune, according to the Bloomberg Billionaires Index. All told, the world’s 500 richest people lost $238.5 billion on Monday, according to Bloomberg, the biggest daily plunge since the index […]