Gautam Adani becomes Asia’s richest person again, surpassing Mukesh Ambani.

Index

Gautam Adani has reclaimed his spot as Asia’s richest person, surpassing Mukesh Ambani. According to the Bloomberg Billionaires Index, Adani, the chairman of the Adani Group, now holds an impressive net worth of $111 billion, slightly ahead of Ambani’s $109 billion.


      A major factor behind Adani’s rise is the recent surge in Adani Group stocks. On Friday, shares of all Adani Group companies jumped significantly.

      This followed a report from Jefferies that praised the group’s ambitious plans to spend $90 billion on expansion over the next ten years. This positive outlook boosted investor confidence, boosting the company’s market value.

     

 

     


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