Gautam Adani, founder and chairman of Adani Group who was the second richest person in India, grabbed the number one spot leaving behind Reliance chairman Mukesh Ambani.
For the last two days, the stocks of Reliance industries were falling drastically due to which there was a huge fall in the earnings of Mukesh Ambani. Today, on January 25, Gautam Adani overtook him and became India’s richest person.
According to Forbes' real-time net worth data, Gautam Adani's wealth is $90 billion (Rs 6.72 lakh crore), while Mukesh Ambani's net worth is $89.8 billion (Rs 6.71 lakh crore). In terms of earnings, Adani is ranked 11th in the world according to this data.
The shares of Reliance Industries fell by Rs 155 in two days. According to Forbes data, Mukesh Ambani's wealth has declined by $ 7 billion (Rs 52,000 crore) in two days. On the other hand, Adani’s net worth increased significantly from December 31st, 2021 to January 25th, 2022.
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Gautam Shantilal Adani is an Indian billionaire businessman and philanthropist. Adani is the president of the Adani Foundation, funded through the Adani Group. It was founded in 1996. In November 2021, he became Asia's richest person, surpassing Mukesh Ambani.