Estonian E-resident, Mukesh Ambani, Now The World’s 6th Richest Person
After Facebook invested $ 5.7 billion in Estonian e-resident Mukesh Amban's internet company Jio Platforms at the end of April, billions of dollars of investment suddenly began to flow there. According to Taavi Kotka, the head of the Estonian cell of Amban's company, Amban's desire to leave a legacy behind him, known as a ruthless businessman, has already fundamentally changed India's Internet life.
India's wealthiest man surged past Silicon Valley tech titan Elon Musk, also Alphabet co-founders Sergey Brin and Larry Page to become the world's sixth-richest person.
According to the Bloomberg Billionaires Index the chairman of Reliance Industries Limited, whose wealth surpassed Warren Buffett's last week, is now worth $72.4 billion.
As its digital unit got billions in investments from companies including Facebook, Silver Lake, and also, Qualcomm then shares of the conglomerate have more than doubled from a low in March.
Google told on Monday it will spend $10 billion in the following years to help accelerate the adoption of digital technologies in the country.
Mukesh Ambani's energy empire is gradually shifting to e-commerce, with tech giants asking to take a piece of India's fast-growing digital business.
The world's second-most-populous nation has witnessed a spike of foreign interest in its economy, especially from Silicon Valley.
On Monday there was a drop in U.S. tech shares, so Page's fortune now holds at $71.6 billion, while Sergey Brin's is at $69.4 billion and Tesla's Elon Musk is worth $68.6 billion.
Warren Buffett's net worth fell last week after he gave away $2.9 billion to charity.
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