
On Friday, Mukesh Ambani reclaimed his title as Asia’s richest man, surpassing Gautam Adani by just $1 billion difference. According to Bloomberg’s Billionaires Index, the chairman of Reliance Industries has a net worth of $99.7 billion, while the founder of Adani Group has a net worth of $98.7 billion.
Ambani’s wealth surged as RIL shares continued to rise, trading near record-high levels in Friday’s session. In Friday’s session, RIL shares were up 3% at Rs 2,816.35 on the BSE, after rallying 7% in the previous two trading days amid strong volumes. The company has seen the addition of Rs 1.25 trillion in its total market capitalization of Rs 19.05 trillion during this period.
According to Forbes’ real-time billionaires’ list, Ambani’s net worth has increased to $104.7 billion, while Adani’s wealth stands at $100.1 billion.