According to Forbes, Mukesh Ambani continues to rank higher than Microsoft’s Steve Ballmer, Facebook’s Mark Zuckerberg, Google’s Larry Page and Sergey Brin, and Dell Technologies’ Michael Dell. Last year, Ambani was rated tenth on the list, with a net worth of $90.7 billion.
Mukesh Ambani, the head of Reliance Industries and India’s richest man, has become Asia’s richest person. This information was released by Forbes along with the list of billionaires for 2023. Gautam Adani, who sustained massive losses as a result of Hindenburg’s research report, has risen to number 24 on this list.
He was the third richest person in the world with a net worth of $126 billion until the report of the US short selling company was published on January 24. The most startling finding in the recently revealed Rich List statistics is that the total assets of the world’s Top-25 Billionaires have decreased this year.
Mukesh Ambani, who has once again been named Asia’s richest man, is ranked ninth in the world’s top ten richest persons. The 65-year-old Indian industrialist’s entire net worth is $83.4 billion. According to Forbes, Ambani’s Reliance Industries became the first Indian business to achieve more than $100 billion in revenue in 2022. Mukesh Ambani is still ranked higher than Microsoft’s Steve Ballmer, Google’s Larry Page and Sergey Brin, Facebook’s Mark Zuckerberg, and Dell Technologies’ Michael Dell, according to the latest ranking. Last year, Ambani was rated tenth on the list, with a net worth of $90.7 billion.
Reliance’s operations span oil, gas, telecommunications, and other industries, and the group’s Reliance retail division is constantly expanding. Kindly inform that Ambani has delegated various tasks in the Reliance Group to his three children, Isha Ambani, Akash Ambani, and Anant Ambani. Mukesh and Nita Ambani’s oldest son, Akash Ambani, is the director of the group’s telecom firm, Jio Infocom. Alana’s daughter Isha Ambani (Isha Ambani) is in charge of the retail company. Anant Ambani, Ambani’s younger son, is in charge of Reliance New Energy Ventures.
According to Forbes, Gautam Adani, who was among the world’s top three billionaires last year, has been steadily declining this year.
According to the study, Adani’s total assets (Gautam Adani Net Worth) are now $ 47.2 billion, ranking him 24th on the Billionaires List. However, he is India’s second richest person behind Mukesh Ambani. Gautam Adani’s worst year was 2023, and it is still going now. Ambani’s fortune is $36.2 billion greater than Adani’s.
Within a month following Hindenburg’s report, his fortune had dropped by 60%, and Adani Group’s market value had dropped below $100 billion. As a result of this downturn, Adani fell off of the top-10 list of the wealthiest, then the top-20 and top-30, eventually falling to 34th place. But, by mid-March, his shares had recovered and were trading at a higher level.
According to Forbes, Jeff Bezos has also experienced the largest loss this year, with his business Amazon’s shares falling by 38%, yet he is included among the wealthy. Tesla CEO Elon Musk is second on the list of billionaires, after only Adani and Bezos, with $ 39 billion fewer assets than a year ago. Musk has a net worth of $180 billion, whereas Bezos has a net worth of $114 billion.
At the same time, French billionaire and luxury goods mogul Bernard Arnault, owner of LVMH, is ranked top in this list for the first time, with a net worth of $ 211 billion. Meanwhile, the total assets of the world’s 25 wealthiest individuals have been estimated to reach $2,100 billion. In 2022, this value was $ 2,300 billion.
According to the research, the wealth of the world’s wealthy has declined by two-thirds. Shiv Nadar, the third richest person in India, with a net worth of $25.6 billion. Cyrus Poonawalla, also known as the Vaccine King, is ranked fourth, steel magnate Lakshmi Mittal is ranked fifth, Savitri Jindal of the OP Jindal Group is ranked sixth, and Sun Pharma is ranked seventh. D-Dilip Mart’s Shanghvi and Radhakrishna Damani are ranked seventh. Kumar Mangalam Birla is ranked ninth on the list, and Uday Kotak is ranked tenth.
