Indian billionaire Mukesh becomes the world's new richest person

by yinyin on 2007-10-31 16:26:44

Last year, India's economic growth rate was as high as 9.4%. The share price of Reliance Industries, the flagship petroleum and retail group of the country's richest man Mukesh Ambani, rose by more than 100%, doubling his personal wealth in a year. It is estimated that he now owns US$63.2 billion in assets, replacing Microsoft Chairman Gates who is worth US$62.29 billion, to become the world's richest man.