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Updated on: Wednesday, November 24, 2021, 04:24 PM IST

Gautam Adani displaces Mukesh Ambani to become Asia's richest man

Gautam Adani displaces Mukesh Ambani (right) to become Asia's richest man |

Gautam Adani displaces Mukesh Ambani (right) to become Asia's richest man |

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Gautam Adani, founder and chairman of Adani Group has pipped Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) to become Asia’s richest person.

Adani has become the richest based on group market capitalisation.

According to a report in Economic Times, after the recent scrapping of O2C deal, the shares of Reliance Industries stayed under pressure and were quoting 1.07 per cent lower at Rs 2,360.70 while the Adani group stocks were trading higher.

Ambani's total wealth stood at $91 billion while Adani's net worth was at $88.8 billion, just 2.4 percent lower, according to Bloomberg Billionaires Index on Tuesday (November 23).

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Published on: Wednesday, November 24, 2021, 04:18 PM IST
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