Anil Ambani entered the trillionaire club
The race between Anil Ambani and his elder brother Mukesh just got hotter with Anil entering the trillionaire club under the personal wealth category. His personal riches through his personal shareholding in the companies in his group touched over Rs 100,000 crores on Friday. Based on the closing price on Friday at the Bombay Stock Exchange, the value of Anil Ambani's personal shareholding were worth Rs 100,334 crores while the market capitalisation of his group soared to Rs 162,930 crores. Anil is now Rs 14,666 crores away from his brother's wealth. The wealth of Mukesh Ambani was over Rs 115,000 crores. The share of the Anil Ambani group companies - Reliance Communication and Reliance Capital touched an all time high of Rs 551 and Rs 1,149 respec tively, resulting in the increase in wealth. The market capitalisation of flagship Reliance Communication was placed at Rs 112,657 crores, of which promoters holding is 67 per cent giving Anil Ambani a wealth of Rs 7...