Correct Answer: Mukesh Ambani
Explanation:
Indian business magnate Mukesh Ambani topples Jack Ma as Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.
The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth US$44.3 billion in July 2018 with the share price of Reliance Industries rising 1.6 per cent to a record 1,099.8 rupees (US$16.05), according to Bloomberg Billionaires Index.
Jack Ma’s wealth stood at US$44 billion at the close of trading on the sameday in the US, where the company is listed.
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