Thursday, August 28, 2008, 7:38PM ET - U.S. Markets Closed.

World's Billionaires - #5

Wednesday, March 5, 2008provided by

© AP Photo
Ambani-Mukesh

Mukesh Ambani
India
$43.0 bil

  • Asia's richest resident heads petrochemicals giant Reliance Industries, India's most valuable company by market cap.
  • His fortune is up $22.9 billion since last year, making him the world's second-biggest gainer in terms of dollars. The biggest gainer was his estranged brother Anil, who ranks sixth in the world, just behind his older brother.
  • The sons inherited their fortune from their late father, renowned industrialist Dhirubhai Ambani.  But they couldn't get along, and in 2005 their mother brokered a peace settlement breaking up the family's assets.
  • Mukesh is using some of his money to build a 27-story home.

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