Ambani leads Forbes daily wealth gainers after Reliance rally
Mukesh Ambani was named the world’s biggest daily wealth gainer in Forbes’ November 2 real-time billionaire ranking, with his estimated fortune rising $6.3 billion to $88.8 billion as Reliance Industries shares rallied. The gain was listed as 7.85% and placed Ambani at No. 23 among the world’s richest people. The figures are Forbes estimates, as relayed in reports, rather than independently verified wealth calculations. A separate account of the ranking put Ambani first among Asian billionaires, ahead of ByteDance co-founder Zhang Yiming, at $84 billion, and Gautam Adani, at $79.1 billion. The reports differ on the scale of Monday’s Reliance share-price rise. One put the increase at 10.02%, while another reported 11.6%, describing the session as the stock’s strongest in more than six years and saying it finished at the day’s high. The accounts do not establish a common measurement basis for the percentages, so neither figure resolves the difference. Reliance’s September-quarter results preceded the rally. The company reported consolidated net profit of 25,548 crore rupees, up 40.6% from a year earlier and above analyst expectations, according to the account detailing the...