The Coronavirus pandemic was harsh on economies around the world. Several businesses were badly affected and many were forced to shut shop. Several billionaires saw large drops in their personnel assets. But a survey that came out last week estimated The Indian business Tycoon Mukesh Ambani saw almost a 73% increase in his personnel assets. The increase enabled him to keep the title of Richest Man in India, and also made him the richest man in Asia and the 4th richest man in the world.

Mukesh Ambani is the son of the late Indian legendary business magnet Dhirubhai Ambani. His Reliance group is now a telecommunication giant as its platform jio received high popularity. The oil and petrochemical business tycoon received large amounts of investments for companies under his corporation. 

When prominent corporates were fighting hard to manage the revenue downfall due to lockdown, Ambani not only managed to raise capital but also acquired future retail, which enabled him to expand his business interests in the retail sector.

The billionaire has now joined hands with the tech giant Google to launch budget 4G and 5G smartphones which will revolutionize the Indian smartphone market since the market share currently held by Chinese makers like Xiaomi, oppo, Vivo will tend to fall.

The survey on considering the increase in his wealth from the lockdown period estimated that he earned almost 90Cr every hour during the time. Which is almost equivalent to 12 million dollars. When his net worth was going high it is ironic that his younger brother and bankrupt former billionaire Anil Ambani told the court that he had to sell jewelry to pay legal fees. If you want to know more about Anil Ambani's downfall click the link below.