- Adani is the new richest man in Asia
- Ambani backs down
- This is the reason
Adani Group Chairman Gautam Adani has emerged as the richest man in Asia. The rally of Adani Group company shares was the main reason for this. At the same time, Ambani’s wealth fell as Reliance Industries’ RIL shares fell.
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This forced Mukesh Ambani to limit himself to second place. Mukesh Ambani has been at the top since 2015. But now he had to step down. According to the Bloomberg Billionaires Index as of November 23, Ambani has a net worth of $ 91 billion.
At the same time, Adani’s wealth stood at $ 88.8 billion. Ambani came out on Wednesday as RIL shares fell 1.7 per cent. Adani became the new rich man. Adani’s wealth has grown by $ 55 billion this year. Ambani’s wealth is valued at over $ 14 billion.