Gautam Adani Surpasses Mukesh Ambani as Asia’s Wealthiest
Synopsis
Key Takeaways
New Delhi, April 17 (NationPress) The prominent billionaire and industrialist, Gautam Adani, who serves as the Chairman of the Adani Group, has now claimed the title of Asia’s wealthiest individual, surpassing Mukesh Ambani, the Chairman of Reliance Industries, as per the most recent Bloomberg Billionaires Index.
With a net worth soaring to $92.6 billion, Gautam Adani has positioned himself at 19th globally, while Mukesh Ambani has dropped to 20th with a net worth of $90.8 billion.
This shift at the top underscores the persistent fluctuations in global wealth rankings observed in 2026, driven by increasing geopolitical tensions and market volatility.
In the stock market activity on Thursday, shares of Adani Group experienced a notable surge, outperforming the benchmark indices, which contributed to a remarkable increase of approximately $3.56 billion in Gautam Adani’s wealth in just one day.
On a global scale, Elon Musk, CEO of Tesla, remains at the top of the rankings with a net worth of $656 billion, followed by Larry Page, co-founder of Google, with $286 billion.
The top 10 list also includes notable figures such as Jeff Bezos from Amazon, Mark Zuckerberg from Meta, Larry Ellison from Oracle, Michael Dell from Dell Technologies, Jensen Huang from Nvidia, and Bernard Arnault from LVMH.
Interestingly, seven out of the world’s top 20 wealthiest individuals have faced declines in their net worth in the year 2026.
Arnault has experienced the most significant loss, shedding $44 billion during this timeframe.
Other billionaires like Steve Ballmer, Larry Ellison, Bill Gates, Warren Buffett, and Amancio Ortega have also seen considerable decreases in their wealth.
A sector-wise analysis of the index indicates that entrepreneurs in technology continue to lead the global wealth rankings, while those in industrials, energy, and retail have encountered greater volatility in their net worth.
Among other Indian billionaires, Lakshmi Mittal ranks 62nd globally with a net worth of $36.9 billion.
Shiv Nadar, founder of HCL, is positioned at 70th with $33.5 billion, followed closely by Shapoor Mistry and family at 71st with $33.2 billion.
Savitri Jindal, chairperson emeritus of the OP Jindal Group, is ranked 73rd globally with a net worth of $32.7 billion.
Other notable Indian billionaires on the list include Sunil Mittal and family, Azim Premji, Kumar Mangalam Birla, and Radhakishan Damani.
Meanwhile, stocks of the Adani Group, including Adani Total Gas, Adani Ports, and Adani Power, saw an increase of up to 3 percent during intra-day trading on Friday.