Back in August, I noted in this blog that Bill Gates was replaced my Mexican tycoon Carlos Slim as the world's richest person. Although both Mr. Gates and Mr. Slim have seen their stocks appreciated lately, they are now dwarfed by a new name from India.
According to The Boston Globe:
Indian businessman Mukesh Ambani's fortune rapidly rose from $20.1 billion in March 2007 to $63.2 billion in October 2007, thanks to India's booming stock market.
The other names on the list:
- Bill Gates and Carlos Slim tie for the 2nd place with $62.3 billion each.
- Warren Buffet, the Oracle of Omaha, cling to his fourth place with $55.9 billion.
- And then there is Lakshmi Mittal, the steel giant with Indian origin, who is worth $50.9 billion.
I don't even both to count the number of 0s in their money. Only if I can triple my net worth in seven months!