![tycoon city new york xia zai tycoon city new york xia zai](https://www.old-games.com/screenshot/9899-2-tycoon-city-new-york.jpg)
The Oklahoma City-based publicly traded company has seen its shares climb a blistering 199.4% in the year-to-date hence the massive jump in Hamm's net worth.Īs of December 31, 2020, CLR's proved reserves were 1,104 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 627 MMBoe. Harold Hamm is chairman of Continental Resources (NYSE:CLR), the biggest oil producer in the Bakken oil basin in North Dakota and Montana. He also holds a 36% stake in closely held petrochemical producer Sibur. The billionaire owns about one-quarter of the publicly traded company, which produces about 10% of the country's gas. Leonid Mikhelson is the chief executive officer of Novatek, Russia's largest non-state-owned natural gas provider. finished the year with a net profit of Rs 17,274 crore ($2.3 billion). For perspective, second-placed Indian Oil Corp. Reliance's big bet in non-energy businesses such as telecom, retail, and digital services has helped it to vastly expand its revenue base, clocking in a net profit of Rs 39,588 crore (about $5.3 billion) in FY19, making it by far India's most profitable company.
![tycoon city new york xia zai tycoon city new york xia zai](https://www.gannett-cdn.com/-mm-/333c1271c2393e4d5375c5f38ce5fedd5ad275a2/c=0-122-2400-1478/local/-/media/2018/03/23/DetroitFreeP/DetroitFreePress/636573975782533299-Michigan-Central.jpg)
However, investors have chosen to focus on Chairman Mukesh Ambani's plan to grow the company's digital and retail arms.
![tycoon city new york xia zai tycoon city new york xia zai](https://i.ytimg.com/vi/h_jrltlk1GI/maxresdefault.jpg)
RIL's energy business accounts for ~80% of the company's revenue. RIL shares have climbed at a less torrid pace of 27.7% over the timeframe. However, an epic 56.4% YTD run by XOM has seen it reclaim its position as top dog with a market cap of $272.9 billion vs. Last year, Reliance Industries overtook ExxonMobil (NYSE:XOM) to become the world's largest publicly traded energy company. The Mumbai-based conglomerate's other businesses include a 4G wireless network across India. With a net worth approaching $100 billion, Mukesh Ambani is the world's 11th richest man and the richest energy investor.Īmbani controls India's Reliance Industries (NSE: RELIANCE), the world's largest oil refining complex. The list only includes people who have primarily made their money in oil and gas and does not include clean energy investors. Here's a rundown of how the world's richest energy billionaires have seen their fortunes multiply in this epic oil and gas bull market. As the surge in oil prices continues amid increasing demand and a supply crunch, energy stocks have been soaring ? and the world's oil tycoons are laughing all the way to the bank.Īccording to the Bloomberg Billionaires Index, energy billionaires globally have seen their combined net worth jump more than 20% in the first half of the year alone, the highest growth in wealth of any group of billionaires in the index compiled by Bloomberg.