Mukesh Ambani surpasses Warren Buffet to become seventh richest person in the world

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Mukesh Ambani, Warren Buffet
Mukesh Ambani, Warren Buffet

Mumbai : Reliance Industries Limited Chairman Mukesh Ambani is now richer than Warren Buffet. Ambani with a net worth $68.3 billion, surpassing Buffett’s $67.9 billion, according to the Bloomberg Billionaires Index. 

Shares of Ambani’s Indian conglomerate have more than doubled since a low in March as its digital unit got more than $15 billion in investments from companies including Facebook Inc. and Silver Lake. 

While Ambani’s wealth has jumped -- he became the only Asian tycoon in the exclusive club of the world’s top 10 richest people last month -- Buffett’s fortune dropped this week after he gave away $2.9 billion to charity.