Investment

Mukesh Ambani: $5.70B moved in 2020

Meta bought 9.99% of Jio Platforms, opening a wave of foreign investment into Reliance's digital arm.

The figure

  • Amount5,700,000,000 US dollars
  • CategoryInvestment
  • CorridorPalo Alto, United States → Mumbai, India
  • Distance13.5K km apart
  • Year reported2020
  • Documentation confidence96/100

What that amount buys

$5.70B is roughly 76 long-range private jets, 13.6K median-priced US homes, or 70.7K years of median US household income.

Mukesh Ambani is publicly known as chairman, reliance industries. The arc drawn for this entry joins Palo Alto and Mumbai because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

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