MUMBAI -- Mukesh Ambani, the chairman and main shareholder of Indian conglomerate Reliance Industries, has overtaken Hong Kong's Li Ka-shing as Asia's second richest man in the Bloomberg Billionaires Index, riding investor confidence in Reliance Jio Infocomm, his telecom venture.
For a few days in April and again on July 7, Ambani had a net worth of $34.8 billion, according to Bloomberg. He ranks 19 in the global index, up from 29 at the end of 2016.
