Gautam Adani: Gautam Adani surpassed Mukesh Ambani in terms of wealth! Became the richest person in Asia

Gautam Adani becomes Asia's richest person: India's billionaire Gautam Adani has once again overtaken Reliance Industries Chairman Mukesh Ambani. Adani has become Asia's richest person in the Bloomberg Billionaires Index. Adani Group chairman Gautam Adani is currently ranked 11th in the index with a net worth of $111 billion. He has surpassed Mukesh Ambani by 109 billion dollars.

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According to the Bloomberg Billionaires Index, Bernard Arnault is currently the richest person in the world with a net worth of $27 billion. Below them, Elon Musk has a net worth of $203 billion and Jeff Bezos has a net worth of $199 billion.

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Adani Group shares rise, Gautam Adani Shares of all Adani group companies rose on Friday after a Jefferies report highlighted the group's ambitious expansion plans with capital spending of $90 billion over the next decade. The market responded favorably to their share, which led to an increase in investor wealth for Adani Group shares by a whopping Rs 1.23 lakh crore, taking Adani Group's total market capitalization to Rs 19.94 lakh crore during intraday trading. At the end of the trading session, the market capitalization of 17. 54 lakh crore, adding Rs 84,064 crore to the company's valuation.

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2023 has been a challenging year for the Adani Group following the Supreme Court's order to probe the allegations detailed in the Hindenburg Report. Earlier, Gautam Adani's ranking in the list of the world's richest people had fallen. Because there was a significant selloff in the group's shares.

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Subsequently, the Supreme Court directed the Securities and Exchange Board of India (SEBI) to finalize its probe into the Adani Group and stated that no further investigation was required. SEBI reported that it could not reach a definitive conclusion in its investigation.

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Gautam Adani