Mukesh Ambani becomes world's richest man, surpassing bill gates.

**americanmohit** · October 29th, 2007, 11:38 AM

Mukesh Ambani world's richest now
29 Oct 2007, 1915 hrs IST,PTI
Print Save EMail Write to Editor

(TOI Photo)
NEW DELHI: Billionaire Mukesh Ambani on Monday became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.

Following a strong share price rally on in his three group company, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).

In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.

Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion.

Ambani's wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98 per cent stake), Rs 37,500 crore from RPL (37.5 per cent) and Rs 2,100 crore from RIIL (46.23 per cent).

Slim's wealth has been calculated on the basis of his stake in companies like America Movil (30 per cent), Carso Global (82 per cent), Grupo Carso (75 per cent), Inbursa (67 per cent), IDEAL (30 per cent) and Saks Inc (10 per cent).

According to information available with the US and Mexican stock exchanges where these companies are listed, Slim currently holds shares worth a total of $62.2993 billion, with more than half coming from Latin American mobile major America Movil. Slim is closely followed by Gates with a net worth of $62.29 billion currently.

Earlier last month, US business magazine Forbes had named Gates as the richest American with a net worth of $59 billion, calculated as on August 30. The magazine had said that a movement of two dollars in the share price for Microsoft, the world's biggest software maker, could "add or subtract a billion dollars" from his wealth.

Since August-end, Microsoft's share price has risen by $6.58 (based on yesterday's closing on Nasdaq at $35.03), which results into a gain of $3.29 billion in Gates' wealth based on Forbes assumption.

Besides a stake in Microsoft, Gates' wealth also includes the commission and license fees earned by him and gains through his shares in an investment holding company that invests across the market.

Gates is followed by Buffett at the fourth place in the league of the world's richest with a net worth of $55.9 billion through his holding in his investment vehicle Berkshire Hathaway and in other companies. At the end of August, Buffett's wealth stood at $52 billion, as per the Forbes magazine. Berkshire Hathaway's share price has gained by about 7.5 per cent since then.

Earlier on September 26, Ambani had overtaken steel czar Lakshmi Mittal to become the richest Indian in the world.

Mittal currently ranks as the fifth richest in the world with a net worth of $50.9 billion through his 44.79 per cent stake in world's biggest steel maker ArcelorMittal.

While most of Mittal's wealth comes from his steel empire, though he has also spread his wings into businesses like oil and real estate, those of Ambani and Gates are mostly through petrochemicals and software respectively. However, Buffett and Slim are making money from investments across a host of sectors

http://timesofindia.indiatimes.com/M...ow/2500308.cms

wooohooooo India is pwning

**americanmohit** · October 29th, 2007, 11:39 AM

21st century is for India and China...they will rule

sunny333333 · October 29th, 2007, 11:39 AM

Quote:

Originally Posted by americanmohit

Mukesh Ambani world's richest now
29 Oct 2007, 1915 hrs IST,PTI
Print Save EMail Write to Editor

(TOI Photo)
NEW DELHI: Billionaire Mukesh Ambani on Monday became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.

Following a strong share price rally on in his three group company, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).

In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.

Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion.

Ambani's wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98 per cent stake), Rs 37,500 crore from RPL (37.5 per cent) and Rs 2,100 crore from RIIL (46.23 per cent).

Slim's wealth has been calculated on the basis of his stake in companies like America Movil (30 per cent), Carso Global (82 per cent), Grupo Carso (75 per cent), Inbursa (67 per cent), IDEAL (30 per cent) and Saks Inc (10 per cent).

According to information available with the US and Mexican stock exchanges where these companies are listed, Slim currently holds shares worth a total of $62.2993 billion, with more than half coming from Latin American mobile major America Movil. Slim is closely followed by Gates with a net worth of $62.29 billion currently.

Earlier last month, US business magazine Forbes had named Gates as the richest American with a net worth of $59 billion, calculated as on August 30. The magazine had said that a movement of two dollars in the share price for Microsoft, the world's biggest software maker, could "add or subtract a billion dollars" from his wealth.

Since August-end, Microsoft's share price has risen by $6.58 (based on yesterday's closing on Nasdaq at $35.03), which results into a gain of $3.29 billion in Gates' wealth based on Forbes assumption.

Besides a stake in Microsoft, Gates' wealth also includes the commission and license fees earned by him and gains through his shares in an investment holding company that invests across the market.

Gates is followed by Buffett at the fourth place in the league of the world's richest with a net worth of $55.9 billion through his holding in his investment vehicle Berkshire Hathaway and in other companies. At the end of August, Buffett's wealth stood at $52 billion, as per the Forbes magazine. Berkshire Hathaway's share price has gained by about 7.5 per cent since then.

Earlier on September 26, Ambani had overtaken steel czar Lakshmi Mittal to become the richest Indian in the world.

Mittal currently ranks as the fifth richest in the world with a net worth of $50.9 billion through his 44.79 per cent stake in world's biggest steel maker ArcelorMittal.

While most of Mittal's wealth comes from his steel empire, though he has also spread his wings into businesses like oil and real estate, those of Ambani and Gates are mostly through petrochemicals and software respectively. However, Buffett and Slim are making money from investments across a host of sectors

http://timesofindia.indiatimes.com/M...ow/2500308.cms

wooohooooo India is pwning

wait till i open my piggy bank ill surpasss all these motherfuckers

DasJa · October 29th, 2007, 11:43 AM

Link kaunsi website se mila laundey?

**americanmohit** · October 29th, 2007, 11:50 AM

Quote:

Originally Posted by DasJa

Link kaunsi website se mila laundey?

times of india

**americanmohit** · October 29th, 2007, 11:51 AM

Quote:

Originally Posted by sunny333333

wait till i open my piggy bank ill surpasss all these motherfuckers

jealous ho kya

**lil_sexy** · October 29th, 2007, 11:54 AM

I shud go get married to him!

NYC101 · October 29th, 2007, 11:57 AM

Quote:

Originally Posted by lil_sexy

I shud go get married to him!

he's 55 year old man who will force you to suck his cock every night as your wifely duties. You still interested?

On a sidenote, these Indian rich men don't do anything for charity or society with their money. They instead spend it on multimillion dollars weddings for their spoiled kids.

ssjasper2003 · October 29th, 2007, 12:19 PM

I wish I was their kid.

**lil_sexy** · October 29th, 2007, 12:29 PM

Quote:

Originally Posted by NYC101

he's 55 year old man who will force you to suck his cock every night as your wifely duties. You still interested?

On a sidenote, these Indian rich men don't do anything for charity or society with their money. They instead spend it on multimillion dollars weddings for their spoiled kids.

mayb I can marry him n then kill him n take all his money....

born2wiinn · October 29th, 2007, 12:53 PM

Quote:

Originally Posted by lil_sexy

mayb I can marry him n then kill him n take all his money....

sikhndconquer · October 29th, 2007, 12:58 PM

Quote:

Originally Posted by americanmohit

Mukesh Ambani world's richest now
29 Oct 2007, 1915 hrs IST,PTI
Print Save EMail Write to Editor

(TOI Photo)
NEW DELHI: Billionaire Mukesh Ambani on Monday became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market.

Following a strong share price rally on in his three group company, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore).

In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin.

Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion.

Ambani's wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98 per cent stake), Rs 37,500 crore from RPL (37.5 per cent) and Rs 2,100 crore from RIIL (46.23 per cent).

Slim's wealth has been calculated on the basis of his stake in companies like America Movil (30 per cent), Carso Global (82 per cent), Grupo Carso (75 per cent), Inbursa (67 per cent), IDEAL (30 per cent) and Saks Inc (10 per cent).

According to information available with the US and Mexican stock exchanges where these companies are listed, Slim currently holds shares worth a total of $62.2993 billion, with more than half coming from Latin American mobile major America Movil. Slim is closely followed by Gates with a net worth of $62.29 billion currently.

Earlier last month, US business magazine Forbes had named Gates as the richest American with a net worth of $59 billion, calculated as on August 30. The magazine had said that a movement of two dollars in the share price for Microsoft, the world's biggest software maker, could "add or subtract a billion dollars" from his wealth.

Since August-end, Microsoft's share price has risen by $6.58 (based on yesterday's closing on Nasdaq at $35.03), which results into a gain of $3.29 billion in Gates' wealth based on Forbes assumption.

Besides a stake in Microsoft, Gates' wealth also includes the commission and license fees earned by him and gains through his shares in an investment holding company that invests across the market.

Gates is followed by Buffett at the fourth place in the league of the world's richest with a net worth of $55.9 billion through his holding in his investment vehicle Berkshire Hathaway and in other companies. At the end of August, Buffett's wealth stood at $52 billion, as per the Forbes magazine. Berkshire Hathaway's share price has gained by about 7.5 per cent since then.

Earlier on September 26, Ambani had overtaken steel czar Lakshmi Mittal to become the richest Indian in the world.

Mittal currently ranks as the fifth richest in the world with a net worth of $50.9 billion through his 44.79 per cent stake in world's biggest steel maker ArcelorMittal.

While most of Mittal's wealth comes from his steel empire, though he has also spread his wings into businesses like oil and real estate, those of Ambani and Gates are mostly through petrochemicals and software respectively. However, Buffett and Slim are making money from investments across a host of sectors

http://timesofindia.indiatimes.com/M...ow/2500308.cms

wooohooooo India is pwning

cheers dont go to india..your cheering some cunt who has massive amount of loot and lives in a country where some people dont have dinner before they go to sleep. and is building a 9 story house in bombay..where slums flourish.

fragiledoll · October 29th, 2007, 01:22 PM

thats amazing... is it true the bollywood movie GURU is about him?

born2wiinn · October 29th, 2007, 01:35 PM

Quote:

Originally Posted by fragiledoll

thats amazing... is it true the bollywood movie GURU is about him?

it's about his father...Dhirubhai Ambani who's the real man...

**americanmohit** · October 29th, 2007, 01:46 PM

Quote:

Originally Posted by lil_sexy

I shud go get married to him!

he is too old to you

**americanmohit** · October 29th, 2007, 01:48 PM

Quote:

Originally Posted by NYC101

he's 55 year old man who will force you to suck his cock every night as your wifely duties. You still interested?

On a sidenote, these Indian rich men don't do anything for charity or society with their money. They instead spend it on multimillion dollars weddings for their spoiled kids.

you rightly said..there are many poor people living in india. Mukesh is the owner of Reliance company which is growing rapidly..he should give employment to them so that they could earn money for their life

many people dont have heart toward poor people. if i become a rich person like him, i'd definitely have given lots of money for poor...a simple rich man can have everything but mukesh is too rich, he has billion of dollars so why not he gives for charity......

**americanmohit** · October 29th, 2007, 01:49 PM

Quote:

Originally Posted by lil_sexy

mayb I can marry him n then kill him n take all his money....

you won't get anything by killing him but a punishment in jail.

**americanmohit** · October 29th, 2007, 01:50 PM

Quote:

Originally Posted by sikhndconquer

cheers dont go to india..your cheering some cunt who has massive amount of loot and lives in a country where some people dont have dinner before they go to sleep. and is building a 9 story house in bombay..where slums flourish.

many rich people are selfish bastards

**americanmohit** · October 29th, 2007, 01:50 PM

Quote:

Originally Posted by fragiledoll

thats amazing... is it true the bollywood movie GURU is about him?

**dr_sinister1001** · October 29th, 2007, 02:00 PM

Well the difference is that Gates was worth almost double what he's worth today in 2000 and gave away a substantial part of his wealth to various charities and funds and what not.

chicano_desi · October 29th, 2007, 02:38 PM

Quote:

Originally Posted by americanmohit

21st century is for India and China...they will rule

i hope not.
the world run by fobs and communists is just hell.
they ain't thuggish ruggish.

freshmanik_13 · October 29th, 2007, 02:40 PM

fuck ur desi ppl

WHITE POWER

chicano_desi · October 29th, 2007, 02:42 PM

Quote:

Originally Posted by freshmanik_13

fuck ur desi ppl

WHITE POWER

on xbox live when we run halo, me and my boys always do that white power shit.
one time we pissed off some blacks.

**subaru** · October 29th, 2007, 02:42 PM

Quote:

Originally Posted by lil_sexy

mayb I can marry him n then kill him n take all his money....

If i was a wealthy man like gates.. and i had a a girl, after me (like you).. i'd be suspicious and hire a sniper to follow around.. one wrong move and ur DONE

NdNStaTEofMinD · October 29th, 2007, 02:44 PM

Tell the dickhead to do something useful with his money.

October 29th, 2007, 11:38 AM	#1
americanmohit Paid Member Join Date: Jun 28 2005 Location: Aamchi Mumbai Posts: 61,833 Reputation: 597236451 --> Rep Power: 59723911 Casino cash: $320611	Mukesh Ambani becomes world's richest man, surpassing bill gates. Mukesh Ambani world's richest now 29 Oct 2007, 1915 hrs IST,PTI Print Save EMail Write to Editor (TOI Photo) NEW DELHI: Billionaire Mukesh Ambani on Monday became the richest person in the world, surpassing American software czar Bill Gates, Mexican business tycoon Carlos Slim Helu and famous investment guru Warren Buffett, courtesy the bull run in the stock market. Following a strong share price rally on in his three group company, India's most valued firm Reliance Industries, Reliance Petroleum and Reliance Industrial Infrastructure Ltd, the net worth of Mukesh Ambani rose to $63.2 billion (Rs 2,49,108 crore). In comparison, the net worth of both Gates and Slim is estimated to be slightly lower at around $62.29 billion each, with Slim leading among the two by a narrow margin. Warren Buffett, earlier the third richest in the world, also dropped one position with a net worth of about $56 billion. Ambani's wealth of about Rs 2,49,000 crore includes about Rs 2,10,000 crore from RIL (50.98 per cent stake), Rs 37,500 crore from RPL (37.5 per cent) and Rs 2,100 crore from RIIL (46.23 per cent). Slim's wealth has been calculated on the basis of his stake in companies like America Movil (30 per cent), Carso Global (82 per cent), Grupo Carso (75 per cent), Inbursa (67 per cent), IDEAL (30 per cent) and Saks Inc (10 per cent). According to information available with the US and Mexican stock exchanges where these companies are listed, Slim currently holds shares worth a total of $62.2993 billion, with more than half coming from Latin American mobile major America Movil. Slim is closely followed by Gates with a net worth of $62.29 billion currently. Earlier last month, US business magazine Forbes had named Gates as the richest American with a net worth of $59 billion, calculated as on August 30. The magazine had said that a movement of two dollars in the share price for Microsoft, the world's biggest software maker, could "add or subtract a billion dollars" from his wealth. Since August-end, Microsoft's share price has risen by $6.58 (based on yesterday's closing on Nasdaq at $35.03), which results into a gain of $3.29 billion in Gates' wealth based on Forbes assumption. Besides a stake in Microsoft, Gates' wealth also includes the commission and license fees earned by him and gains through his shares in an investment holding company that invests across the market. Gates is followed by Buffett at the fourth place in the league of the world's richest with a net worth of $55.9 billion through his holding in his investment vehicle Berkshire Hathaway and in other companies. At the end of August, Buffett's wealth stood at $52 billion, as per the Forbes magazine. Berkshire Hathaway's share price has gained by about 7.5 per cent since then. Earlier on September 26, Ambani had overtaken steel czar Lakshmi Mittal to become the richest Indian in the world. Mittal currently ranks as the fifth richest in the world with a net worth of $50.9 billion through his 44.79 per cent stake in world's biggest steel maker ArcelorMittal. While most of Mittal's wealth comes from his steel empire, though he has also spread his wings into businesses like oil and real estate, those of Ambani and Gates are mostly through petrochemicals and software respectively. However, Buffett and Slim are making money from investments across a host of sectors http://timesofindia.indiatimes.com/M...ow/2500308.cms wooohooooo India is pwning __________________

October 29th, 2007, 11:39 AM	#2
americanmohit Paid Member Join Date: Jun 28 2005 Location: Aamchi Mumbai Posts: 61,833 Reputation: 597236451 --> Rep Power: 59723911 Casino cash: $320611	21st century is for India and China...they will rule __________________

October 29th, 2007, 11:43 AM	#4
DasJa Should I Consider Retiring??? Join Date: Jan 30 2006 Location: Grim Reaper's crib Posts: 16,600 Reputation: 2147483647 --> Rep Power: 214748447 Casino cash: $24782	Link kaunsi website se mila laundey? __________________ Teri photo kyu ni bhagat seyaan Lagdi notaan te!

October 29th, 2007, 11:54 AM	#7
lil_sexy YEHH GURLL! Join Date: Nov 16 2005 Location: on top . . . . . Posts: 22,084 Reputation: 2147483647 --> Rep Power: 214748470 Casino cash: $156527	I shud go get married to him! __________________

October 29th, 2007, 02:00 PM	#20
dr_sinister1001 VIP Member Join Date: Apr 12 2004 Location: Shangri-la Posts: 12,964 Reputation: 316157137 --> Rep Power: 31615788 Casino cash: $29688	Well the difference is that Gates was worth almost double what he's worth today in 2000 and gave away a substantial part of his wealth to various charities and funds and what not. __________________ Excess ain't rebellion, you're drinking what they're selling...

October 29th, 2007, 12:19 PM	#9
ssjasper2003 Should I Consider Retiring??? Tournaments Won: 2 Join Date: Aug 12 2004 Location: NY Posts: 8,568 Reputation: 29823 --> Rep Power: 3038 Casino cash: $22877	I wish I was their kid.

October 29th, 2007, 01:22 PM	#13
fragiledoll Should I Consider Retiring??? Join Date: May 20 2004 Location: Wild Africa Posts: 6,237 Reputation: -3146464 --> Rep Power: 0 Casino cash: $1946	thats amazing... is it true the bollywood movie GURU is about him?

October 29th, 2007, 02:40 PM	#22
freshmanik_13 Banned Join Date: Jun 24 2006 Location: cumin in a mouth close to you Posts: 21,493 Reputation: 20 --> Rep Power: 0 Casino cash: $1000	fuck ur desi ppl WHITE POWER

October 29th, 2007, 02:44 PM	#25
NdNStaTEofMinD Can't Stay Away Join Date: Feb 15 2006 Posts: 1,705 Reputation: 10 --> Rep Power: 24 Casino cash: $5775	Tell the dickhead to do something useful with his money.

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