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Adani-Ambani’s Net Worth Record Decline, How Much Has His Wealth Reduced?

Sagar Patel

By Sagar Patel

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There has been a significant decline in the wealth of Gautam Adani and Mukesh Ambani.

Tuesday was nothing short of a nightmare not only for the country but also for Asia’s two richest businessmen, Gautam Adani and Mukesh Ambani. According to statistics, there has been a combined loss of Rs 2.82 lakh crore from the wealth of both. According to the Bloomberg Billionaires Index, Gautam Adani’s wealth has suffered the biggest loss in a day.

Such a large loss did not occur even when the Hindenburg report was published and serious accusations were made against the group. According to the data, around $25 billion has been lost from Adani’s net worth. Due to this drop, Adani has lost 4 spots on the rich list, while on the other hand, Mukesh Ambani’s net worth has also decreased by around $9 billion.

Adani’s record decline in wealth

Gautam Adani, who a few days ago had overtaken Mukesh Ambani to become Asia’s richest businessman. He suffered a big shock on Tuesday. There has been a drop of about 6 percent in the stock market. So Adani Group shares have also seen a decline. The effect of this was also seen in Adani’s wealth. According to the Bloomberg Billionaires Index, there has been a loss of around $25 billion i.e. over Rs 2 lakh crore in Adani’s wealth. This loss had not occurred even when the Hindenburg report came and serious allegations were leveled against the Adani Group.

What is Adani’s net worth?

According to data from the Bloomberg Billionaires Index, due to declining wealth, Adani’s net worth has fallen to $97.5 billion. While the visible figure a day before was more than 122 billion dollars. Adani’s net worth was last seen in January 2023. Adani’s wealth suddenly dropped on Tuesday. Now Adani is no longer the richest businessman in Asia. He has also suffered a loss on the Global Rich List. According to the Bloomberg Billionaires Index, he is now not the eleventh, but the fifteenth richest businessman in the world.

Big drop in Ambani’s wealth too

On the other hand, there is a huge decline in Mukesh Ambani’s wealth. According to statistics, Mukesh Ambani’s net worth has decreased by about $9 billion i.e. more than 75 billion rupees. After which his total net worth dropped to $106 billion. However, this year it continues to make profits. Showing an increase of 10 billion dollars. The special thing is that it has also benefited in the ranking. He has now once again become the richest businessman in Asia. In fact, there has been a huge decline in Adani’s wealth. After which his total net worth dropped to less than 100 billion dollars.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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