Gautam Adani of the Adani Group has transcended Mukesh Ambani as the richest Indian for the second time. Gautam Adani's wealth has surpassed Mukesh Ambani's, according to Forbes' Realtime Data Networth list.
The reason for this is the massive drop in the domestic stock market over the last two days, which has caused Reliance Industries' stock to drop as well. As a result, Mukesh Ambani's Reliance Group's net worth has plummeted. At the same time, there was no such massive sell-off in Adani Group shares, and Gautam Adani's net worth remained unchanged. Gautam Adani surpassed Mukesh Ambani in terms of profits yesterday, January 25, and took over the title of India's richest person.
Gautam Adani's net worth is $ 90 billion, or Rs 6.72 lakh crore, according to Forbes' real-time net worth statistics, whereas Mukesh Ambani's net worth is $ 89.8 billion, or Rs 6.71 lakh crore. For a long time, there has been fierce competition at the top of the list of India's wealthiest and wealthiest people. The primary contestants are Mukesh Ambani, who has been in power for a long time, and Gautam Adani, the CEO of the Adani Group.
According to these statistics, Adani is ranked 11th in the world in terms of earnings, according to Forbes' real-time data. Because the stock market is closed on January 26th, Gautam Adani's wealth is still greater than Mukesh Ambani's today. The net worth of Adani group companies increased by 6% to 45 percent in January, while Reliance Industries' stock has dropped dramatically in the last two days. As a result of this, Adani has surpassed Mukesh Ambani to become India's richest person.