Mukesh Ambani, the richest man in Asia, left behind the Chinese industrialist

 

The News Cover: Mukesh Ambani again tops the list of richest people in Asia. Late last year, Mukesh lost the top spot to Chinese industrialist Jung Shanshan. Mukesh, the head of El Reliance Group, has once again emerged as the richest man in Asia as the value of his assets plummeted to 2.2 billion.

For the last two years, Mukesh has been the richest man in Asia. However, at the end of 2020, according to Forbes, Jung 'sname came up at number one in the list of richest man in Asia. Mukesh came down three steps. But within two months, Mukesh took over his old place.

Jung is the head of Nongfu Spring, a beverage company in China. He became the richest man in Asia, surpassing Chinese technology companies like Jack Ma. In January 2021, Jung was also the sixth richest person in the world. Nongfu Spring's share price peaked in January. However, in the last one week, the share price has suddenly dropped by 20 percent. According to Bloomberg, the agency that calculates the wealth of the world's billionaires, Mukesh's wealth is now worth $8 thousand Crores US dollars. And Jang's property is $7660 US dollars.