Mukesh Ambani overtakes Gautam Adani to reclaim Asia's richest tag
04-06-2022 Sat 08:53
According to the Bloomberg Billionaires Index, Reliance Industries CEO Mukesh Ambani has reclaimed the title of wealthiest Asian, surpassing fellow countryman Gautam Adani. Ambani, with a net worth of $99.7 billion, is ranked eighth, while Adani has dropped to ninth place from fourth a few weeks ago. Mukesh Ambani's Reliance Industries enjoyed a surge in share valuation, propelling him to the top.
The top four positions remained unchanged, with Tesla CEO Elon Musk ranking first with $227 billion in fortune, followed by Amazon's Jeff Bezos with $149 billion, LVMH's Bernard Arnault with $138 billion, and Microsoft co-founder Bill Gates with $124 billion. With a net worth of $114 billion, legendary investor Warren Buffett ranks fifth.
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