Ambani tops Forbes global billionaire gainers list after Jio IPO:Net worth gains by $6.3 billion in a single day as Reliance shares break 6-yr record

Reliance Industries chairman Mukesh Ambani has emerged as the world’s biggest billionaire wealth gainer, adding over $6 billion to his fortune in a single day, as shares of his flagship company surged following a stronger-than-expected quarterly earnings performance. According to Forbes Real-Time Billionaires list, Ambani’s wealth increased by 7.85%, or $6.3 billion, making him the biggest gainer globally in the latest update to the ranking on November 2. Spain’s businessman – 2nd highest gainer today The gain was substantially ahead of the second-biggest wealth accretion on the list, with Spanish retail billionaire Amancio Ortega adding $1.7 billion, followed by China’s Zhong Shanshan at $1.5 billion. Ambani jumps to 21st position in world billionaire list The gains pushed Ambani to No.21 spot on the world billionaire list, making him the richest Indian ahead of Gautam Adani, who was ranked at No.31 with a wealth of $63.8 billion or ₹6.06 lakh crore, according to the Forbes listing. Ambani had a wealth of $99.7 billion or ₹9.47 lakh crore, according to Forbes. World’s Billionaires List – Forbes Reliance shares break 6-yr old record The sharp increase in Ambani s wealth coincided with a rally in Reliance Industries shares, which jumped 11.6% on Monday, marking their strongest trading session in more than six years. The stock closed at its day’s high of ₹1,299 apiece on the BSE and was the biggest gainer on the benchmark Nifty 50 index. How was RIL’s result? The rally followed Reliance’s September-quarter results, which showed a 40.6% year-on-year increase in consolidated net profit to ₹25,548 crore, significantly ahead of analyst expectations. Stronger refining and petrochemical margins, alongside improved profitability at its telecom business Jio, helped drive the earnings growth. The results reinforced investor confidence in Reliance’s two major earnings engines – its oil-to-chemicals business and digital services – even as profitability in its retail business remained under pressure.
The company’s refining core earnings surged 68%, while Jio Platforms core earnings rose 16.6% during the quarter. Mukesh Ambani chairs and runs $125 billion (revenue) Reliance Industries, which has interests in petrochemicals, oil and gas, telecom, retail, media and financial services. -Forbes Jio IPO: Reliance’s telecom and broadband service Jio Platforms got listed in October 2026, achieving a market capitalisation of $137 billion or ₹13.01 lakh crore, which made it the country’s second-most valuable company after its parent.