HONG KONG: Asia's richest man Mukesh Ambani has snapped up the storied British toy store Hamleys from its Chinese owners for US$88 million, the latest in a dizzying splurge of retail acquisitions.
Ambani, worth US$50 billion according to Forbes, initially made his fortune in oil refining and petro-chemicals but his Reliance empire has since branched into everything from telecoms to cable networks and tech firms.
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