The Bloomberg Billionaires List gets an update again, cause the Chairman of Reliance Industries Ltd. Mr. Mukesh Ambani comes up at the 4th place on the world’s top billionaires list. He overtakes Bernard Arnault who is from France. One three persons are ahead of him – Jeff Bezos, Bill Gates, and Mark Zuckerberg.

Currently, the net worth of Mr. Ambani is $80.6 billion after saving up $22 billion this year, whereas Bernard Arnault, who just slipped down at 5th has $80.2 billion.

Earlier, India’s richest person crossed so many well-known business tycoons a few weeks earlier. The list includes Elon Musk, along with Sergey Brin and Larry Page, the co-founders of Alphabet Inc. and obviously Warren Buffett.

So, to let you know the fact that over the past two to three months, Reliance backed telecom operator Jio got lots of investments from various internationally known and established investors. The list includes Google, Facebook, Intel, Qualcomm, KKR, and so on. In its last AGM, this company announced the partnership with Google and revealed their moto to bring build affordable 5G enabled smartphones of Indians.

One of the most exciting things about this AGM was the announcement of the 5G network that built fully in India and by using Indian technologies. Jio also announced that the entire structure is ready and they are waiting for the spectrum auction and trials.

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