BusinessPhoto: Mint CompaniesMukesh Ambani Reclaims Asia's Richest Person Title, Surpasses Zhang Yiming
Mukesh Ambani, chairman of Reliance Industries, regained the title of Asia's richest person by surpassing ByteDance co-founder Zhang Yiming. Ambani's net worth rose to $88.8 billion after a 12% surge in Reliance shares, adding $8.5 billion. Reliance's strong Q2 revenue of $2.7 billion beat estimates, boosting market value by $19 billion and prompting an analyst upgrade to 'add'.
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