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Home Bussiness

Strong rise in Adani’s wealth, suddenly jumped 4 places in the list of the rich!

by Ananya Dewan
April 26, 2023
in Bussiness
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Strong rise in Adani's wealth, suddenly jumped 4 places in the list of the rich!
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New Delhi. The shares of Indian billionaire Gautam Adani, who suffered the biggest loss this year, are seeing a boom again. This is affecting his net worth as well and his stature is increasing in the list of the rich. For the last few days, he was on the 25th position in the Billionaires List, which has now jumped four places. In the last 24 hours, his wealth has increased by $ 1.73 billion (more than Rs 14,142 crore). Not only Adani but Mukesh Ambani’s net worth is also increasing.

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Adani at number 21 in the list of rich
According to the Bloomberg Billionaires Index, the total net worth of Gautam Adani has increased to $ 59.7 billion. An increase of more than Rs 14,142 crore has been recorded in his assets. With this speed, he has now reached the 21st position in the list of billionaires of the world. Five of Adani’s 10 companies listed in the stock market saw gains on the third trading day of the week as well. The gainers included Adani Enterprises Ltd, Adani Power Ltd, Adani Wilmar Ltd, ACC Ltd and Ambuja Cements Ltd.

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Adani has got a big blow in 2023
In the year 2022, where Gautam Adani was the top earner among all the rich in the world. At the same time, Adani has become the billionaire who lost the most wealth in the year 2023. So far this year, his net worth has come down by $60 billion. A report by American short seller firm Hindenburg is behind this major fall in assets, which was published on January 24, 2023. Before the publication of this report alleging manipulation of debt and shares on the Adani Group, Gautam Adani was at the fourth position in the Top-10 Billionaires List and after the release of the report, due to the collapse of his shares, he became one of the top 10 billionaires within a month. Slipped to the 37th position. However, now he is seen making a comeback again.

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Mukesh Ambani’s net worth also increased
In the list of the rich, not only Gautam Adani, but the dominance of Mukesh Ambani, chairman of the country’s most valuable company Reliance Industries, is also increasing. Ambani’s net worth has increased by more than $ 620 million or Rs 5070 crore in the last 24 hours and his wealth has increased to $ 82.3 billion. Talking about losing money this year, since the beginning of the year 2023, Mukesh Ambani has suffered a loss of more than $ 4.82 billion or Rs 39,413 crore.

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Ambani is the 12th richest in the country
Due to this increase in the net worth of Asia’s richest man Mukesh Ambani, he has now reached number 12 in the list of billionaires. Please tell that Ambani has been included in the top-10 list for a long time. His company Reliance Industries Limited is the most valuable company in the country with a total market capitalization of Rs 15.98 lakh crore.

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This is the difference between the wealth of both the billionaires.
In September 2022, Gautam Adani reached the world’s number two rich chair with a net worth of around $ 150 billion, and by the beginning of 2023, his assets were around $ 120 billion. While Mukesh Ambani was far behind him in terms of wealth. Wherein now, Mukesh Ambani’s wealth has gone far ahead of Adani’s net worth. The gap in the net worth of both the billionaires has become $22.6 billion.

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