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Mukesh Ambani (born April 19, 1957 in Yemen) is an Indian businessman. He is the chairman, managing director and the largest shareholder of Reliance Industries, India's largest private sector enterprise and a Fortune 500 company. His personal stake in Reliance Industries is 48%. He is the second richest person in India.
However, his wealth was valued at US$55.8 billion in October 2007 taking into account his holding in Reliance Industries and group companies. This made Ambani the richest Indian, ahead of steel tycoon Lakshmi Mittal. On 29th October 2007, as a result of a strong share price rally in his group companies, Ambani was thought to have become the richest man in the world with a net worth of $63.2 billion, as reported by news media in India. However, this claim was refuted by Reliance Industries, which said that the calculations regarding his wealth were inaccurate.
www.wikipedia.org
However, his wealth was valued at US$55.8 billion in October 2007 taking into account his holding in Reliance Industries and group companies. This made Ambani the richest Indian, ahead of steel tycoon Lakshmi Mittal. On 29th October 2007, as a result of a strong share price rally in his group companies, Ambani was thought to have become the richest man in the world with a net worth of $63.2 billion, as reported by news media in India. However, this claim was refuted by Reliance Industries, which said that the calculations regarding his wealth were inaccurate.
www.wikipedia.org
Distribution of billionaires by Residence
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I agree with what mustapha from london said, there are at least 5 multibillionairs in morocco not to mention the rising...
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