Asia

Asia’s richest man Mukesh Ambani rushes to handover US$217 billion empire



Mukesh Ambani, Asia’s richest man, wants to expedite Reliance Industries Ltd’s leadership transition and sees his US$217 billion empire scaling new heights under his three children.The retail-to-refining conglomerate “is now in the process of effecting a momentous leadership transition from seniors belonging to my generation to the next generation of young leaders,” Ambani said in a virtual speech Tuesday to a Reliance Industries’ employees event. “I would like this process to be accelerated…



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