Hamleys: India's richest man Mukesh Ambani buys iconic toy store
Bbc.com - Sun 12 May 01:26 GMT

The 62-year-old who is said to be worth $50b has bought over the world's oldest toy retailer.

Hamleys: India's richest man Mukesh Ambani buys iconic toy store

  Hamleys, which was founded in 1760, is the world's oldest toy retailer and has 167 stores across 18 countries.

  Reliance Industries already operates 88 Hamleys stores across 29 Indian cities.

  "The worldwide acquisition of the iconic Hamleys brand.... is a long cherished dream come true," Darshan Mehta, the CEO of Reliance Brands Limited, said in a statement.