India’s richest man, Mukesh Ambani, ranks first in the Brand Guardianship Index. In this matter, he is second in the world. In this case, Huateng Ma of China-based Tencent stood first. Ambani has this rank in the Brand Guardianship Index 2024, compiled by Brand Finance. In the ranking of 2023, he was also number two in the world. After Ambani, Microsoft CEO Satya Nadella, Google CEO Sundar Pichai, Apple CEO Tim Cook and Tesla CEO Elon Musk are also ahead.
At the same time, he remained ahead of many other Indians, such as N Chandrasekaran of Tata Group and Anish Shah of Mahindra Group. Brand Finance has created this index. In this, those who work for business in a good and sustainable manner are recognised globally. It is also kept in mind which CEO is taking everyone along. Mukesh Ambani is now the top-ranked CEO in the category of ‘diversified’ groups.
What Score Did Ambani Get?
According to a report by news agency IANS, Mukesh Ambani was given a BGI score of 80.3 in the Brand Finance survey, slightly lower than the 81.6 of China-based Tencent’s Huateng Ma. The Brand Guardianship Index assesses the world’s CEOs based on how they sustainably create business value by balancing the needs of all stakeholders—employees, investors, and the broader society.
According to brand finance, the role of the brand guardian is to build brand and business value. CEOs who create partnerships to build a sustainable future are globally recognised. Brand finance follows a balanced scorecard of measures.
In the latest report, ‘Global 500 – 2024′, published by Brand Finance, Jio – a relatively new brand – was recognised as India’s strongest brand, ahead of several decade-old Indian brands like LIC and SBI. Jio also secured the top position among India’s strong brands in Brand Finance’s 2023 ranking.
Will Ambani Bring Paytm Out Of Trouble?
Let us tell you that according to some media reports, Ambani is going to acquire Paytm. After such reports, there has been a bumper rise in the shares of Jio Financial. Jio’s market capitalisation has reached Rs 1.87 crore. However, till now, Jio has not given any official statement regarding this. After RBI’s action, questions are being raised about the future of Paytm. There is also news that the license of Paytm Payments Bank may also be cancelled. After irregularities were found in Paytm, RBI announced a ban.
