The year of the billionaire

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The year of the billionaire

Mukesh Ambani, India's wealthiest man, has had a stellar 12 months. For the second year in a straight, his cricket team, the Mumbai Indians, won the Indian Premier League. Off the field, shares of his international firm, Reliance Industries, have increased by more than 85% in the last year, bringing Ambani's net worth to $84.5 billion.

That is enough to make Ambani the richest sports club owner in the world. He takes the top slot from last year's winner, former Microsoft CEO Steve Ballmer.

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