Mukesh Ambani Reclaims His Title As Asia's Richest Man, Overtakes Gautam Adani
In the battle of the billionaires, Reliance Industries Limited Chairman Mukesh Ambani has regained the position of India as well as Asia's richest man, overtaking Adani Group Chairman Gautam Adani.
In the battle of the billionaires, Reliance Industries Limited Chairman Mukesh Ambani has regained the position of India as well as Asia's richest man, overtaking Adani Group Chairman Gautam Adani.
According to the latest Bloomberg Billionaire Index, Mukesh Ambani's net worth has risen to $99.7 billion, while Gautam Adani's net worth stood at $98.7 billion.
BCCL
Mukesh Ambani is the eight richest in the world
Mukesh Ambani is ranked the eighth richest person in the world as per the Bloomberg Billionaire index. In India as well as in Asia RIL's chairman is the richest.
Ambani is followed by Gautam Adani on the global billionaire list. Adani is ranked ninth in the Bloomberg Billionaire index.
A surge in Reliance Industries Limited shares has led to the increase in Mukesh Ambani's fortune. RIL shares have surged by over 16 per cent so far this year. The scrip has gained 6.79 per cent in a week.
BCCL
Gautam Adani had been enjoying the position of India's as well as Asia's richest person for the past few months due to the spike in share prices of Adani group companies. However, in recent weeks, the share price of Mukesh Ambani-led companies has risen sharply while there have been corrections in Adani Group companies' stocks.
Mukesh Ambani's net worth increased by $9.6 billion
As per the Bloomberg Billionaires Index, Mukesh Ambani's net worth has increased by $9.69 billion in 2022.
As per the Forbes real-time billionaires list, Mukesh Ambani has a net of $104.7 billion, which is $4.8 billion more than $99.9 billion net worth of Gautam Adani and his family.
BCCL
Elon Musk remains the richest man
Only seven persons in the world are richer than Mukesh Ambani. Tesla CEO Elon Musk remains the world's richest person with a net fortune of $227 billion. Amazon's Jeff Bezos is the second richest man with a $149 billion net worth, as per the Bloomberg Billionaires Index.
(With agency inputs)
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Bobins Abraham is the Assistant News Editor at Indiatimes. He has more than twelve years of experience in TV and digital journalism. An avid student of history and geopolitics, he is a conservationist and environmentalist at heart. He writes on environment, sustainability, human-animal conflict and more.
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