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Mukesh Ambani, Gautam Adani surpass China’s richest in billionaire list

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harkirat singh
Mukesh Ambani, Gautam Adani surpass China’s richest in billionaire list

India’s business tycoons Mukesh Ambani and Gautam Adani have surpassed Chinese industrial magnates, like Alibaba founder Jack Ma, within the latest global wealth rankings.

The current wealth rankings elevate Ambani and Adani to the richest businessmen in Asia, as per a Financial Times report citing Bloomberg data. the previous now occupies the 12th position within the global rankings – one space behind the previous CEO of Microsoft Steve Ballmer.


While Reliance Industries chairman Ambani’s wealth is estimated to be $84 billion, the internet worth of the director of the Adani conglomerate has risen to $78 billion, as per Bloomberg data.


Reliance Industries may be a multinational conglomerate working within the fields of telecommunications, energy, and retail. Adani Group, the flagship company of Adani Enterprises, is involved in the areas of energy utility and transport logistics.

CEO of Marcellus Investment Managers Saurabh Mukherjea has indicated that an increase within the wealth of the 2 Indian capitalists suggests that the profits among Indian businesses are accumulating into the hands of a couple of tycoons, understood as “promoters”.

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