Gautam Adani, the Founder and Chairman of the Adani Group, has surpassed Mukesh Ambani, Chairman of Reliance Industries, as the richest person in Asia, as per a report by Bloomberg Billionaires Index. Gautam Adani is ranked 11th in the world with a net worth of $111 billion, while Mukesh Ambani is ranked 12th with a net worth of $109 billion, according to the Bloomberg Billionaires Index, which lists the top 50 richest persons in the world as of June 2.
Ambani had surpassed Adani in the rankings as a result of the Adani Group’s declining valuation following the 2023 Hindenburg report, which claimed the Adani Group was engaged in stock market manipulation and accounting fraud. Nonetheless, Adani has now eclipsed Ambani once more on the lists of the richest persons in Asia and the entire world. This occurred on May 31st, when shares of the Adani Group increased by 14%. The reason is that, according to Jefferies, the Adani Group intends to grow rapidly, investing $90 billion in capital over the course of the next ten years.
Here we list down the top 5 richest people in the world, as per the latest Bloomberg Billionaires Index (as of June 2, 2024).
1. Bernard Arnault, CEO of LVMH- the world’s largest luxury goods company, with a net worth of $207 billion.
2. Elon Musk is the Founder-Chairman-CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc. His current net worth is $203 billion.
3. Jeff Bezos is the Founder, Executive Chairman, and Former President and CEO of Amazon. His net worth is $199 billion.
4. Mark Zuckerberg is the co-founder and CEO of Facebook. His current net worth is $166 billion.
5. Larry Page, the Former CEO of Google, has a net worth of $153 billion.
Shapoor Mistry, at number 44 with a net worth of $36.1 billion, and Savitri Jindal, at number 49 with a net worth of $32.6 billion, are two more Indians among the world’s 50 richest persons according to the most recent Bloomberg Billionaires Index.
In other developments, Anant Ambani and his fiancé Radhika Merchant recently attended a four-day second pre-wedding event that was thrown by Mukesh and his wife Nita Ambani. While Anant and Radhika’s first pre-wedding celebration took place in Jamnagar, Gujarat, their second pre-wedding celebration took place on a luxurious cruise from Ital to Southern France. Anant, the youngest son of Mukesh and Nita Ambani, is scheduled to wed Radhika Merchant, his longtime fiancée, on July 12, 2024, in Mumbai, India’s Jio World Centre. As usual, A-listers from the tech, commercial, political, and Bollywood domains are anticipated to attend Anant and Radhika’s nuptials, hosted by the Ambanis.
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