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 Brother of BSF Jawan Deepak Chingakham Who Died in Cross-Border Firing by Pakistan in Jammu Appointed ASI in Manipur Police on Compassionate Grounds
11th July 2025
Live Maikhuli Villagers Protest MoU Over Assam-Meghalaya Border, Demand Return of Fishery
11th July 2025
Live Chhangur Baba Received Rs 500 Crore in Foreign Funds for Illegal Conversions: Anti-Terror Squad
11th July 2025
Live Taiwan Detects 9 Chinese Warships, 1 Aircraft Breaching ADIZ Amid Rising Tensions
11th July 2025
WE RECOMMEND
Shubhanshu Shukla Speaks to Students from Assam and Meghalaya from Space, Tells Them He Will Guide Them To Become Astronauts, Walk on the Moon
The Indian astronaut connected with the students using amateur (Ham) radio, making it a rare and inspiring moment.
11th July 2025
Space Menu Goes Desi: Gajar Ka Halwa Wins Over International Astronauts
The sweet surprise, specially developed for space consumption by ISRO and DRDO, was the centrepiece of a lively gathering aboard Axiom Mission 4.
11th July 2025
Is Another GLOF Ticking in Sikkim? South Lhonak Lake Once Again Placed in Highest Risk Category
The lake has now refilled to the same dangerous level, raising serious concerns
11th July 2025
Delhi HC stays release of Udaipur Files movie
The petitioners argued that the film's release could disturb communal harmony and pose a serious threat to public order, given the sensitive nature of the subject.
10th July 2025
Killed For Making Reels? State-Level Tennis Player Radhika Yadav Shot Dead by Father in Gurugram Home
Tennis Player Radhika Yadav: Police officials have confirmed that the father has been arrested and weapon used in the crime has been seized.
10th July 2025