Connect with us

Hi, what are you looking for?

Latest News
• TLP chief Saad Rizvi released from Lahore's Kot Lakhpat jail • Govt to table resolution on French envoy’s expulsion in NA today: Sheikh Rashid • PTI challenges ECP order allowing scrutiny of its accounts • NAB files reference against 15 govt officials over Gwadar land scam • Pakistan drops to 90th position in Inclusive Internet Index 2021, India @ 49th rank • SC asks FBR to provide report on Sarina Isa’s offshore properties • Pakistan urges Taliban to keep up with Afghan peace process • Work on CPEC projects progressing: Chinese envoy • NAB demands Nawaz’s seized properties auctioned • FM Pak urges UAE to ease visa restrictions on Pakistanis • Former KP IG Nasir Durrani passes away due to Covid • Pakistan bans travellers from India for 2 weeks owing to covid spread • Singer Ali Azmat tests positive for covid • Foreign direct investment falls by 35% in 9 months • US invites Pakistan to virtual climate summit • NASA helicopter carries out take-off, landing on Mars • 150,000 Russian troops deployed near Ukraine’s borders: EU • UAE extends $2bn loan repayment date for Pakistan
News Alert
    • Covid Updates: 5,445 cases reported while 137 deaths recorded in last 24 hrs
    • Currently, 82,298 cases are active in the country
    • The death toll reaches 16,453 in Pakistan
    • 4,286 people recovered in last 24 hrs
    • The current positivity rate is 8.01% in the country 
    • India recorded 272,000 cases and 1619 deaths on Monday alone
    • New Delhi is under lockdown after recent spike in Covid spread across the country

Economy

who became Asia’s wealthiest person, yet again?

Mukesh Ambani overtakes China’s Zhong Shanshan to become richest Asian.

Mukesh Ambani, an Indian business tycoon became Asia’s richest person once again, overtaking China’s Zhong Shanshan, who lost $22 billion this week.

Indian media reported that the chairperson of Reliance Industries has a net worth of about $80 billion, while Shanshan’s net worth is $76.6 billion. 

Shanshan’s bottled-water company lost a record 20% this week, making Ambani the richest person in Asia.

Ambani has led the ranking of Asia’s richest people, for the last two years. But Shanshan took the title from Ambani after the listing of his two companies. By early 2021, Shanshan was the sixth-wealthiest person on Earth.

Ambani had slipped three positions in the Forbes Real-Time Billionaires list in November 2020, after Reliance Industries Limited suffered heavy losses in the stock market.

Written By

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Facebook

International

India made astonishing record of Covid surge on Wednesday crowds of pilgrims gathered for a religious festival despite oxygen shortages and strict curbs in...

Economy

At $2.7bn, the remittances were up 20% compared to February and 43% compared to March 20. Total $21.5bn during July-March FY21, up 26% over...

Entertainment

Pakistani actress Sara Khan, wife of singer Falak Shabir has been admitted to hospital due to poor health. Husband, Falak Shabir turned to social...

Latest Updates

4 people dead, over 300 policemen in Punjab, including 97 in Lahore, had sustained injuries

Copyright © 2021 The Truth International