Mukesh Ambani is Asia’s second-Richest Man

Reliance Chairman Mukesh Ambani is now the second richest man in Asia. He has crossed Li Ka-shing to become Asia’s second-richest man as booming stock prices in equity market as investors rallied behind his efforts to arm India’s poor with cheap data-loaded phones.

The chairman of Reliance Industries Ltd. has added $12.1 billion to his wealth this year, according to the Bloomberg Billionaires Index, as shares of his refining-to-telecom company surged to a record high.

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