Mukesh Ambani, who is emerging as the richest man not only in India but across the Asian continent, has recently broken another record.He has amazed everyone by creating the highest wealth in the last five years through Reliance Industries Limited.Ambani has a combined revenue of Rs 9.6 lakh crore from 2016 to 2021.No other Richest Person in India has earned so many lakhs of crores in five years.It is noteworthy that this is only possible for Mukesh Ambani.Ambani earned Rs 5.6 lakh crore during 2015-19.It was the same record then and now it is breaking the record itself.Motilal Oswal 26th Manual Wealth Creation Study 2021 report states these things.
Reliance lags far behind in wealth, excelling in both physical and digital businesses.Physical businesses such as oil, chemicals, retail, and digital businesses such as telecoms have helped Reliance Industries (RIL) create the greatest wealth.
In the last five years, 100 companies in India have earned a total of Rs 71 lakh crore.Financial analysts say this is the first time in almost three decades that companies have achieved this level.
Adani Transmission, part of the Adani Group, and Adani Enterprises set a record for the fastest and most stable money-making companies.
The financial sector ranks first among the wealth-creating sectors.
The consumer and retail sectors are next in line.Automotive and pharma companies are lagging behind in wealth creation.
And public sector companies are at the bottom of the list in terms of wealth retention.However, Mukesh Ambani’s net worth is estimated at Rs 10 lakh crore in five years, up 73 per cent from Rs 2.77 lakh crore last year.6.58 lakh crore, according to Huron India Rich List 2020.Mukesh Ambani has once again topped the IIFL Wealth Hurun India Rich List 2020 list.It has earned Rs 9.6 lakh crore from Rs 6.58 lakh crore this year.
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