According to the 2023 M3M Hurun World Rich List, Mukesh Ambani has surpassed Gautam Adani to once again take the title of richest Indian. His net worth is $82 billion. Ambani is currently the only Indian in the top 10 globally.
Previously, Ambani had been in charge for a decade straight. A Hurun wealthy list had reported that Adani has surpassed Ambani to become the richest man in India for the first time in September 2022.
According to the Hurun calculations, Adani’s wealth dropped by $28 billion to $53 billion, which led to him losing the second-richest Asian title to China’s Zhong Shanshan. The loss of wealth followed a crash in share prices of group companies after US shortseller Hindenburg’s report was published on January 24. Prior to the study, Adani temporarily had the second-richest position in the world. The wealth of every billionaire on the top 10 list decreased. Jeff Bezos, the founder of Amazon, saw his net worth fall by $70 billion to $118 billion. Bezos suffered more losses than Adani and Ambani combined.
According to the list, the world has lost five billionaires every week since last year. The number of billionaires globally has declined by 269 to 3,112. This is only the second time in the last 10 years that the number has declined from the previous year.