Wealth Creation: World's Richest Man?

   There is a new richest person in the world.  Mukesh Ambani.  He is at least the richest until Warren Buffet’s stock goes up or Carlos Slim installs some more phone lines.  Mukesh heads up Petrochemicals giant Reliance Industries, India’s most valuable company by market cap.  His stock drove up his net worth about 20-Billion dollars worth last year and has virtually done the same this year so far pushing him out in front of the Richest list, at least for a money moment. 

   His brother Anil is not doing too badly either.  The two don’t get along very well because of some business issues.  They inherited their late father’s fortune, sharing the assets after their mother dealt them out a few years back.  Mukesh has a bachelors degree in chemical engineering from the University of Bombay and received a Master of Business Administration degree from Stanford.   He is worth watching.  It is lots of fun too.  We will keep you updated on his progress here in the Moneypete Wealth Creation blog.  By the way Mukesh is building the most expensive home in the world right now in Mumbai India.  Check the video page of Wealth Creation here at Moneypete.com for a sneak peak from Forbes.com video.  What a house. 

You can email Joe Blair at moneypeteinfo@gmail.com or info@moneypete.com