Leading industrialist Gautam Adani could soon become Asia’s richest man as his net worth is within touching distance of Mukesh Ambani.
On Thursday, Adani’s net worth stood at $89.1 billion on the Bloomberg Billionaires Index, just 0.6 billion less than Reliance Industries Limited (RIL) chairman Mukesh Ambani’s 89.7 billion.
It may be noted that Ambani’s wealth has fallen $1.32 billion from yesterday, while Gautam Adani saw a $375 million rise in net worth.
There are chances that Gautam Adani could surpass Mukesh Ambani’s net worth over the next few days, depending on how the shares of his conglomerate’s listed companies perform on the stock market over the next few days.
As of today, RIL shares were up 5.41 per cent on the Bombay Stock Exchange at around 12:15 pm, while listed firms under Adani group companies were trading lower.
GAUTAM ADANI’S STELLAR RISE IN 2021
Earlier this year, Gautam Adani had come close to surpassing Mukesh Ambani’s net worth as the shares of his listed companies zoomed. It may be noted that Adani’s net worth increased $55 billion year-to-date (YTD), compared to Ambani’s $13 billion.
The resurgence of the Adani group’s listed companies on the stock market is the reason why Guatam Adani’s net worth has increased sharply.
At the same time, a recent drop in RIL’s share price also led to the gap getting narrower. It is worth mentioning that this is the closest gap between the net worth of Mukesh Ambani and Gautam Adani.
