he must have become poor as Reliance fell by around Rs. 55 today. ( i believe he is far from being the richest because a huge stake in Petroleum Trust is added to the promoter's share which actually belongs to the shareholders and not just the promoters)
To all those who say he has not done anything for the poor, businessmen in general have their self interest foremost in their mind. While they grow their businesses, other stake holders also gain like, the shareholders, customers, government, bankers, employees, suppliers, ancillary industries etc. Businesses are not run for the uplifting of the poor but the overall development of the societies and that ofcourse comes at a cost like exploitation, monopoly, personal enrichment, pollution etc. If Mukesh Ambani had spent his entire life for the philanthropic cause he would not have generated economic benefits to such diverse stakeholders.
i guess i should have posted this on rediff.