Billionaire Mukesh Ambani

Billionaire Mukesh Ambani to open family office in Singapore

Asia’s second-wealthiest man, Reliance Industries Ltd. Chairman Mukesh Ambani

is setting up a family office in Singapore, according to people familiar with the move

The Mumbai-based billionaire has picked a manager to hire staff for the new entity and get it running,

Ambani is the latest in a series of ultra-rich people to pick Singapore for their family offices

the organizations set up to manage the affairs of wealthy clans

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