July 09: With the boom in the Bombay Stock Exchange, Anil Ambani recently joined his elder brother Mukesh Ambani in the elite trillionaire group having the total personnel fortune worth more than Rs. 1,00,000 crore following Mukesh worth Rs. 1,15,000 crore on the closing day of the last week. He is the only second person to be trillioaire after his sibling.
Anil’s share was worth Rs. 1,00,334 crore on Friday, the closing day of Bombay Stock Exchange while the total market capitalization of his group climbed to Rs.1,62,930 crore.
Anil Ambani, the owner of Reliance Anil Dhirubhai Ambani Group has the share in Reliance Communication, Reliance Capital, Reliance Energy, Reliance Natural Resources and partly (Worth Rs. 2,856 crore) in his elder brother’s Reliance Industries Ltd. The combine value of total assets crossed the 1,00,000 crore benchmark on Friday, when the share value of his companies becomes too high in which, the market capital of Reliance Communication and Reliance Capital touches all time high of Rs. 551 crore and Rs. 1,149 crore respectively.
Reliance Communication, the leading company of Anil’s group has achieved the market capitalization of Rs.1,12,657 crore of which promoters holding is 67 per cent giving Anil Ambani a wealth of Rs 74,354 crore. Whereas Reliance Capital, the second largest company of Anil’s group reaches to Rs 28,219 crore in which Anil’s share was 53 per cent at a value of about Rs 15,000 crore.
Both the brothers were running in the race of to be trillionaire since after the separation of parental group of company, the Reliance Group of the Industries after the death of Dhirubhai Amabni, the founder of the Reliance group. Though Mukesh reached first at the goal, yet Anil is not far behind him, as he could not get all his property on the time. After lots of struggle and controversy, Anil could be able to get the equal assets of the Reliance Dhirubahi Amabni Group after two years of separation. The real race will begin when both the company will become the rivals. According to the treaty, they can not compete each other within 05 years of separation.
KP Singh, Chairman of DLF, is the third person who will be compete soon both of them as his giant company has just listed in the stock market with huge response in its IPO. He is very close to Anil with the wealth of about Rs 85,000 crore in terms of market capitalisation of his share in the group company as per the closing at BSE on Friday.
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