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Gautam Adani Becomes Asia's Richest Person, Surpasses Mukesh Ambani

In the last 20 months, the net worth of Gautam Adani saw a spike of over 1808% i.e., a whopping USD 83.89 billion while Mukesh Ambani’s net worth increased by 250%

Gautam Adani Becomes Asias Richest Person, Surpasses Mukesh Ambani

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  25 Nov 2021 7:38 AM GMT

NEW DELHI: Gautam Adani, founder and chairman of Adani Group on Wednesday replaced Reliance Industries Limited (RIL) chairman Mukesh Ambani to become Asia's richest person.

Notably, Adani's net worth increased drastically since April 2020. On 18 March 2020, his net worth was USD 4.91 billion.

In the last 20 months, the net worth of Gautam Adani saw a spike of over 1808 per cent i.e., a whopping USD 83.89 billion. In the same period, Mukesh Ambani's net worth increased by 250 per cent i.e., USD 54.7 billion.

With this, Adani Enterprises was up 2.94 per cent higher at Rs 1757.70. Adani Ports rose 4.87 per cent to Rs 764.75. Adani Transmission gained 0.50 per cent to Rs 1,950.75 while Adani Power shares also added 0.33 per cent to Rs 106.25.

Earlier, the Hurun India Rich List 2021 suggested that Reliance Industries head Mukesh Ambani has retained the top spot as the richest Indian once again while both the Adani brothers have stormed up to the top 10 positions for the first time ever.

The cumulative wealth in the country has gone up by 51 per cent, while the average wealth has also increased by 25 per cent, the report by Hurun India said. However, as many as 113 people saw their wealth go down from the previous year; there were 51 dropouts from the 2020 list, while six individuals who were up there passed away.

Also Read: Adani Group Chairman Gautam Adani world's biggest wealth gainer so far

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