Mukesh Ambani overtakes Zhang Yiming as Asia's richest person
Mukesh Ambani's net worth rose to US$90.6 billion, overtaking ByteDance founder Zhang Yiming as Asia's richest person, according to Forbes' Real-Time Billionaires List. Zhang was ranked second in Asia with US$84 billion, while Zhong Shanshan and Li Ka-shing followed.
Mukesh Ambani, the chairman of Reliance Industries, has overtaken ByteDance founder Zhang Yiming to become Asia's richest person, according to Forbes' Real-Time Billionaires List released on Thursday 5 November.
Forbes reported that Ambani's net worth surged to US$90.6 billion (HK$706.7 billion), ranking him 22nd globally and top in Asia. Ambani chairs and runs Reliance Industries, a conglomerate with interests in petrochemicals, oil and gas, telecom, retail, media and financial services.
Zhang Yiming's fortune stood at roughly US$84 billion, placing him 25th in the world and making him China's richest person. Nongfu Spring founder Zhong Shanshan's latest net worth was US$65.1 billion, slipping to second place among China's billionaires. Hong Kong's richest person Li Ka-shing followed with US$49.2 billion, ranking 39th globally.
Tencent's Pony Ma Huateng was ranked 40th with US$46.3 billion, followed by artificial intelligence company DeepSeek's founder Liang Wenfeng and Robin Zeng Yuqun, founder of Chinese electric vehicle battery giant CATL.