Business

Ambani edges past Adani to being Asia’s richest

Ambani edges past Adani to being Asia's richest

TIL Desk/Business/Mumbai/ Mukesh Ambani on Friday regained his position as Asia’s richest man, surpassing Gautam Adani, with one report saying the difference between the two billionaires’ net worth was “just $1 billion”. As of June 3, Reliance Industries’ (RIL’s) chairman’s net worth was $99.7 billion, while the wealth of Adani Group’s founder stood at $98.7 billion, according to Bloomberg’s Billionaires Index.

According to the index, Ambani’s wealth jumped $3.59 billion in the past 24 hours, while Adani added $2.96 billion to his net worth. Ambani is now the eighth-richest person in the world, according to Bloomberg’s Billionaires Index, while Adani is in the ninth spot.

According to Forbes’s Real-Time Billionaire List, though, Ambani is now the sixth richest person in the world, with a net worth of $103.6 billion, up $5.4 billion. Adani’s net worth, on the other hand, grew $70 million to $99.3 billion, taking him to the ninth position.

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