Gautam Adani is now Asia’s richest person; overtakes Mukesh Ambani

Kolkata: Gautam Adani and Mukesh Ambani are the two most prominent faces of India Inc. They are also the richest persons of the country and none comes close to these two in terms of net worth. According to latest information Gautam Adani has overtaken Mukesh Ambani to claim the crown of Asia’s richest person. Reports indicate that Adani’s net worth has witnessed a significant surge this year, while Mukesh Ambani’s net worth has suffered a decline. The changes in the net worth of these two business tycoons are an outcome of the swings in the share prices of the companies they own.

Rise in Gautam Adani’s weath

The Bloomberg Billionaires Index has calculated that Gautam Adani’s net worth surged to about $92.6 billion. In 2026 alone, his wealth has seen jumped about $8.1 billion. A surge in the share prices of the Adani Group has been the primary driver behind this growth. Recently, his wealth even witnessed a single-day jump of approximately $3.5 billion to grab headlines.

Dip in Mukesh Ambani’s wealth

While Adani’s wealth surged, Mukesh Ambani’s net worth has shrunk this year and now stands at about $90.8 billion. In 2026, Ambani’s wealth fell by a huge $16.9 billion, the key driver being the decline in the share price of Reliance Industries, the flagship of the Ambani empire. In the past six months, the share price of Reliance Industries fell by 4.88%.

Churnings are taking place among the global wealthy too. Elon Musk continues to remain the title of the world’s richest person. There are speculations he could be the first trillionaire in history following a SpaceX IPO. Thw net worth of Bernard Arnault, Bill Gates, and Warren Buffett has gone down. Their fortunes keep evolving depending on the prices of shares of the companies they hold and the global market conditions.