December 9, 2024

Gautam Adani Surpasses Mukesh Ambani as India’s Wealthiest in 2024 Hurun Rich List

In 2023, Adani’s wealth dropped by 57 per cent to Rs 4.74 lakh crore, while Ambani remained far ahead with a fortune of Rs 8.08 lakh crore.

In a dramatic shift, Gautam Adani has overtaken Mukesh Ambani to become India’s richest individual, with a staggering net worth of ₹11.6 lakh crore, according to the 2024 Hurun India Rich List. Adani’s wealth saw a remarkable 95% increase over the past year, propelling him to the top spot. In contrast, Ambani’s net worth grew by 25%, reaching ₹10.14 lakh crore. Notably, in 2023, Adani’s fortune had plummeted by 57% to ₹4.74 lakh crore following the controversy surrounding the Hindenburg report, which the Adani Group firmly contested. Back in 2014, Hurun had ranked Adani as the tenth richest Indian with a net worth of ₹44,000 crore. Meanwhile, HCL’s Shiv Nadar and family climbed to the third position with ₹3.14 lakh crore, while Cyrus Poonawalla slipped to fourth with ₹2.89 lakh crore.

Ref: Financial Express

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