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    Mukesh Ambani: Mukesh Ambani will invest in the company of Donald Trump’s relative! Know what the company does

    Shehnaz AliBy Updated:No Comments2 Mins Read
    New Delhi: Mukesh Ambani, the second largest billionaire in India and Asia, is investing in American venture capital company Thrive Capital. This company was founded in 2009 by Josh Kushner. He is the younger brother of Jared Kushner, son-in-law of former US President Donald Trump. According to a Bloomberg report, many billionaires of the world are vying to invest in Thrive Capital. The total net worth of these people is more than 123 billion dollars. Apart from Ambani, Jorge Paulo Lemann of Brazil and Xavier Niel of France as well as KKR & Co. cofounder Henry Kravis and Walt Disney Chief Executive Officer Robert Iger. These people can buy a 3.3% stake in Thrive for $175 million.

    The company gave this information in a post released on Medium on Tuesday. The company’s value for this deal has been estimated at $ 5.3 billion, which was $ 3.6 billion in the year 2021. Then the company bought some part of Goldman Sachs Group Inc. A unit of Rs. Last year its total assets under management was $15 billion. Thrive bought back its stake from Goldman Sachs and is now preparing to sell it to the wealthy around the world. Thrive has partnered with Oscar Health Inc., Compass Inc., Affirm Holdings Inc., Opendoor Technologies Inc., Unity Software Inc., Hims & Hers Health Inc. And has invested in several companies like SKIMS. SKIMS is Kim Kardashian’s company that manufactures underwear.

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    12th richest man in the world

    Ambani is the second biggest billionaire in India and Asia. According to the Bloomberg Billionaires Index, the chairman of Reliance Industries, India’s most valuable company, has a net worth of $84.7 billion and is ranked 12th in the list of the world’s richest. Lemann is the richest man in Brazil. His net worth is $21.1 billion. Similarly, Kravis’s net worth is $9.5 billion and Niel’s net worth is $8.1 billion.

    Source: navbharattimes.indiatimes.com

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    Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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