Mukesh Ambani beats Gautam Adani to become richest Indian

By TH Team  01/02/2023

Mukesh Ambani on Wednesday finally took over Gautam Adani to become the richest Indian once again, months after he lost the tag, as per Forbes Real Time Billionaires list. 

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Mukesh Ambani now has a net worth of $83.3 billion as on 1 Feb. 

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The Reliance Industries chairperson Mukesh Ambani ranks 10th on the global rich list prepared by Forbes. 

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Gautam Adani who was once the third richest person in the world, slipped to the 15th rank in the list. 

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Shares of the Adani Group have been on a rout ever since the Hindenburg report, alleging the company’s stock manipulation and fraud, came into the foray. 

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Gautam Adani, chairperson of Adani Group, now has a net worth of $74.7 billion, as compared to the estimated $121 billion in the beginning of the year. 

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The values of stocks however fluctuate constantly. If there is a gain the Adani’s stock, it is expected Adani’s personal wealth will rise too. 

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At the top of the Forbes list is Frency luxury fashion giant’s LMVH’s Bernard Arnault and famil with a net worth of $213.3 billion. 

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