Mukesh Ambani overtakes Gautam Adani to become richest Indian in the world
First Published: 1st February, 2023 13:25 IST
Mukesh Ambani has overtaken Adani Group chairman Gautam Adani to become the richest Indian in the world with a net worth of USD 84.3 billion, according to Forbes Real-time billionaire
Reliance Industries Chairman Mukesh Ambani has overtaken Adani Group chairman Gautam Adani to become the richest Indian in the world with a net worth of USD 84.3 billion, according to Forbes Real-time billionaire list for 2023.
Ambani overtook Adani after the Reliance Industries Chairman’s assets went up 0.19 per cent with an increase of wealth by USD 164 million while Gautam Adani’s assets went down by 4.62 per cent with the industrialist’s weath pegged at USD 84.1 billion according to the real time tracker of Forbes of 5 pm EST on Tuesday.
Adani who figured among the top three billionaires in the world has dropped in the ranking to number 10 just below Mukesh Ambani. At the top of the list is French luxury fashion giant’s LMVH’s Bernard Arnault and family. In December 2022, Louis Vuitton‘s founder and CEO Bernard Arnault overtook Elon Musk as the world’s richest person.
However, these values fluctuate constantly. If there is a gain in Adani’s stock, it is expected Adani’s personal wealth will rise too.
This comes following a report by US short-seller Hindenburg Research on the Adani Group alleging a decades-long fraud scheme, “brazen accounting fraud, stock manipulation and money laundering”
(This copy was first published by ANI)
Also read: FM Nirmala Sitharaman to present Union Budget 2023-24 today; last full budget of Modi govt 2.0
COMMENTS
TOPMOST STORY NOW
Live LS Polls 2024: Overall voter turnout in phase I recorded at 66.14% and 66.71% in phase II: ECI
30th April 2024Live Mizoram: Large quantity of explosives bound for Myanmar seized, 2 arrested
30th April 2024Live UK: 13-year-old boy killed, several others stabbed by sword-wielding man
30th April 2024Live Lok Sabha Polls- Assam: Students group ABSU decides to back NDA candidate in Kokrajhar seat
30th April 2024WE RECOMMEND
Licence of 14 Patanjali products cancelled. Check details here
In an affidavit filed in the Supreme Court, the licencing body said that it had suspended licenses of 14 products manufactured by Patanjali's Divya Pharmacy in connection with the misleading advertisements case.
30th April 2024Delhi Police summons Telangana CM Revanth Reddy in Amit Shah fake video case
The Congress leader has been asked to appear before Delhi Police's IFSO unit (Cyber Unit) on May 1 with his mobile phone.
29th April 2024“Congress involved in dangerous game of vote bank appeasement”: PM Modi
PM Modi said that the Congress neglected the fishermen of the country and it was his government that made a separate ministry to secure their interests.
28th April 2024Himachal Pradesh: 60 roads blocked due to snowfall; IMD issues orange alert
Meanwhile, the India Meteorological Department (IMD) has issued an orange alert for several parts of Himachal Pradesh, warning of snowfall and rain.
28th April 2024Students write ‘Jai Shri Ram pass ho jaayein’, scores 56%
The incident occurred at Veer Bahadur Singh Purvanchal University, a state university in UP's Jaunpur.
27th April 2024