Mukesh Ambani, the second richest person in Asia and chairman of Reliance Industries, is preparing for a big purchase. Now the veteran Indian industrialist is eyeing a big foreign company. This investment firm, Thrive Capital, was started by Josh Kushner in 2009.
These Big Names Are Also Included In The List
According to Bloomberg’s report, along with Indian industrialist Mukesh Ambani, Brazil’s Jorge Paulo Lemann and France’s Xavier Niel are also racing to buy a 3.3 per cent stake in Thrive Capital and making plans. Apart from these, KKR & Co-founder Henry Kravis and Walt Disney Chief Executive Officer Robert Iger are also showing interest in it.
Ambani Will Spend $175 Million.
According to the report, Mukesh Ambani will have to spend about $175 million to buy a 3.3 per cent stake in the investment firm. Under this deal, the value of Thrive Capital has been estimated at $5.3 billion. The company’s spokesperson has been quoted as saying that in the year 2021, its value was estimated at $3.6 billion. The same year, the company sold some stakes to Goldman Sachs Group. Although later, it was also repurchased.
Has Made Big Investments In These Companies
Talking about the investment of this investment firm, Oscar Health Inc. (Oscar Health Inc.), Compass Inc. (Compass Inc.), Affirm Holdings Inc., Opendoor Technologies Inc. (Opendoor Technologies Inc.), Unity Software Inc., His & Hers Health Inc. (Hims & Hers Health Inc.) Besides this, the celebrity has invested in several firms, including Kim Kardashian’s company Skims (SKIMS).
Mukesh Ambani Has So Much Wealth
Mukesh Ambani, chairman of Reliance Group, who is continuously expanding his business, is the world’s 12th richest person. According to Bloomberg’s Billionaires Index, his total net worth (Mukesh Ambani Net Woryj) is $83.9 billion.
Mukesh Ambani has been included in the list of top 10 billionaires for a long time. However, in the last few days, he has suffered heavy losses and has been dropped from this list. In the previous 24 hours, the Reliance chairman has suffered a loss of $838 million.
