Mukesh Ambani tops Jack Ma as Asia's richest after deal with Facebook

HONG KONG (BLOOMBERG) - Mukesh Ambani is again Asia's richest person after a deal with Mark Zuckerberg's Facebook sent his conglomerate's stock surging.

Mr Ambani's fortune rose about US$4.7 billion (S$6.7 billion) to US$49.2 billion on Wednesday (April 22), after Reliance Industries gained 10 per cent. The jump put Mr Ambani about US$3.2 billion ahead of China's Jack Ma, according to the Bloomberg Billionaires Index. The ranking updates after the close of each trading day in the US.