According to business news channel ET Now, Adani Group Chairman Gautam Adani has surpassed Reliance Industries Chairman Mukesh Ambani to become Asia's richest man.
According to data from the Bloomberg Billionaires Index, the chairman of Reliance Industries was in first place earlier in the day, with a total net worth of $91 billion. The net worth of the chairman of the Adani Group was $88.8 billion. According to the index, Mukesh Ambani's year-to-date net worth has increased by $14.3 billion, while Gautam Adani's has increased by $55 billion.
According to data from the Bloomberg Billionaires Index, the chairman of Reliance Industries was in first place earlier in the day, with a total net worth of $91 billion. The net worth of the chairman of the Adani Group was $88.8 billion. According to the index, Mukesh Ambani's year-to-date net worth has increased by $14.3 billion, while Gautam Adani's has increased by $55 billion.
Elon Musk, the founder of Tesla, was #1, followed by Jeff Bezos and Bernard Arnault. Ambani came in 12th, and Adani came in 13th, respectively. The Bloomberg Billionaires Index ranks the world's top 500 wealthiest persons daily. Ambani's overall net worth was estimated to be $101 billion in the preceding month. The chairman of the Adani Group has a net worth of $73.3 billion.
Reliance Industries was under pressure on the stock exchanges after it re-evaluated its stake sale to Saudi Aramco, according to ET Now. At Rs 2,350.90, it was down 1.48 percent. The Adani group's equities, on the other hand, were rising in value. Adani Enterprises ended the day 2.76 percent higher at Rs 1,754.65, while Adani Ports ended the day 4.59 percent higher at Rs 762.75.
Except for Adani Green and Adani Total, all of the group's stocks were up today. According to the web journal Moneycontrol, the chairman of Adani Enterprises has surpassed the chairman of Reliance Industries in terms of the group market cap. According to the journal, Ambani has been the top businessman in Asia since 2015.
Wipro chairman Azim Premji (34th place), HCL founder Shiv Nadar (54th place), and D-Mart founder Radhakishan Damani are among the other significant Indian names on the billionaires' ranking (64th place).
