Mumbai: According to the Bloomberg Billionaires index, Reliance industries Chairman Mukesh Ambani again bagged Asia’s richest person after a deal with Marl Zuckerberg’s facebook Inc. sent his conglomerate’s stock surging. Reliance Industries Limited after gaining 10% on Wednesday, Ambani’s fortune rose about $ 4.7 billion to $ 49.2 billion.

The jump put Ambani about $3.2 billion ahead of China’s Jack Ma, according to the Bloomberg billionaires’ index, the ranking updated after the close of each trading day in the US. Facebook Inc. will invest $5.7 billion in the U.S. social-networking giant’s biggest deal since the 2014 purchase of Whatsapp as it seeks a broader foothold in its biggest global market. The U.S. Company will buy about 10% of Jio Platforms, which brings together digital apps and a wireless platform under one umbrella, the Mumbai-based company said in a statement Wednesday.