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In 2020 Mukesh Ambani Net Worth Becomes Double, Know How

Posted on August 9, 2020 by ARVIND GUPTA
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Recently, India’s biggest business tycoon Mr. Mukesh Dhirubhai Ambani has now become 4th richest person in the world. Mukesh was born on 19 April 1957 in Yemen, but he lived shortly there because his father shifted back to India in 1958.
Mukesh is Stanford University dropout and before that he completed his Graduation from Institute of Chemical Technology (ICT) in Mumbai. After his dropout he joined his father’s Reliance Industries which was not that bigger at that time. In Past few years Mukesh Ambani net worth has increased seemingly which is a product of his hard work.

Mukesh Ambani net worth

Let’s see how Mukesh Ambani become 4th richest person in lockdown but for this we have to go in past when he launched Reliance’s Jio Platform. Jio telecom services was launched on 5 September 2016. In just one year after the launch JIO became the largest telecom service provider in India and and 2nd largest in the World.

READ ALSO:- Vodafone Prepaid Plans in 2020: Great Benefits with Affordable Plans

In April 2020, it was announced that Facebook is going to invest 435.74 billion by acquiring 9.9% stacks in JIO and after that many MNC’s like Google, Intel Capital, Qualcomm invested in Jio. Till now, Jio has sold 25.09% approx for Rs 117,588.45 crore.

Facbook And Jio
These investments are the biggest reason that took Mukesh Ambani to the 4th position in Forbes richest person list.
During this pandemic Mukesh Ambani donated Rs 1000 crore to fight with Corona virus. Right Now, Mukesh Ambani net worth is $80.6 billion.

Google and jio
Recently, Jio has also announced that they are going to launch 5G services and affordable 5G smartphones with Google soon in India. Mukesh Ambani net worth truly shows us that hard work always pays off.

READ ALSO:- Apple iPhone Supplier Joins Wave of Tech Investment in India


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