Adani Overtakes Ambani As Richest Man Of India

Gautam Adani has became India And Asia's richest.

Adani now reportedly holds the 12th position on the global rankings.

Adani's net worth of $97.6 billion places him as the 12th richest person globally.

Experiencing an increase of $7.67 billion from his previous position on the list he accumulated $13.3 billion year-to-date.

Adani faced challenges in the past year due to allegations from Hindenburg Research.

This led to a significant decline in the stock prices of Adani Group companies, resulting in a plummet of up to $69 billion.

Adani Group, headquartered in Ahmedabad and led by Gautam Adani, plays a significant role in global coal trading.

Adani Enterprises reported revenues of $17 billion for the fiscal year ending on March 31, 2023.

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