New Delhi: India’s richest person (Rich person) and Reliance Industries chairman Mukesh Ambani (Mukesh Ambani) has emerged as Asia’s richest person. Forbes has shared this information while announcing the list of 2023 World’s Billionaires. According to this, Gautam Adani, who suffered heavy losses due to Hindenburg’s research report, has reached number 24 in this list. Before the American short-seller firm’s report was published on January 24, he was the world’s third-richest person with a net worth of $126 billion. The most shocking thing in the recently released Rich List data is that the total wealth of the world’s top-25 billionaires has declined so far this year.
Ambani 9th richest in the world
Mukesh Ambani, who once again won the crown of Asia’s richest man, is at number nine in the list of top-10 richest people in the world. The 65-year-old Indian businessman has a total net worth of $83.4 billion. According to Forbes, Ambani’s Reliance Industries became the first Indian company to cross $100 billion in revenue in 2022. According to the new list, Mukesh Ambani is ahead of Microsoft’s Steve Ballmer, Google’s Larry Page and Sergey Brin, Facebook’s Mark Zuckerberg and Dell Technologies’ Michael Dell. Ambani was ranked 10th on the list last year with an estimated net worth of $90.7 billion.
Ambani’s talk from oil to telecom
Reliance’s business spans oil, gas, telecom, among others, and the group’s Reliance Retail business continues to touch new heights. Let it be known that Ambani has given different responsibilities in Reliance Group to his three children Isha Ambani, Akash Ambani and Anant Ambani. Mukesh and Nita Ambani’s elder son Akash Ambani is the director of Jio Infocom, the group’s telecom business. His daughter Isha Ambani (Isha Ambani) is leading the retail business. Reliance’s New Energy Ventures is on the shoulders of Ambani’s younger son Anant Ambani.
Adani is still influenced by Hindenburg
Gautam Adani, who was among the top-3 billionaires in the world last year according to the Forbes list, is continuously sliding down this year. According to the report, currently Adani’s net worth (Gautam Adani Net Worth) is now $47.2 billion and he is at number 24 in the billionaires list. However, he is the second richest person in India after Mukesh Ambani. The year 2023 proved to be the worst for Gautam Adani and is still happening. Ambani’s wealth is $36.2 billion more than Adani’s.
Within a month of the Hindenburg report, their assets fell by 60% and the Adani group’s market capitalization also fell below $100 billion. Due to this decline, Adani first dropped out of the top-10, then out of the top-20 and top-30, to the 34th position. However, in mid-March, their shares saw a slight recovery and are back in the top-25.
These billionaires are among the top-3 richest people
Jeff Bezos is also the biggest loser this year, with shares of his company Amazon down 38 percent, and he is third on the richest list, according to a Forbes report. After Adani and Bezos, Tesla CEO Elon Musk ranks second on the billionaires list with $39 billion less than a year ago. Musk has a net worth of $180 billion and Bezos has a net worth of $114 billion.