Once again a major upheaval has been seen in the Indian business world. The rise in the stock market has given new strength to Adani Group Chairman Gautam Adani. Adani, whose wealth had declined significantly recently, has now regained his position as Asia’s second richest person. Adani has regained this position by leaving behind Chinese billionaire Zhong Shanshan, which has created a stir in the ranking of billionaires around the world.
The reason is the boom in the stock market
A tremendous rise was seen in the shares of Adani Group on Tuesday. This had a direct impact on the net worth of Gautam Adani. According to the Bloomberg Billionaires Index, Adani’s wealth increased by $2.82 billion in a single day. With this rise, Adani moved up three places to 22nd position in the list of world’s billionaires.
left behind zhong shanshan
According to the latest data, Gautam Adani’s net worth has now reached $72.8 billion, while Chinese billionaire Zhong Shanshan’s net worth has dropped to $72 billion. This slight difference has given Adani back the title of Asia’s second richest person. Mukesh Ambani remains Asia’s richest man, with a net worth estimated at $92.6 billion.
Who suffered the most losses this year?
If we talk about the billionaires who will lose their wealth in 2025, then the biggest name in this list is Larry Ellison, who has lost $19.5 billion so far. He is followed by Mukesh Ambani, whose wealth has decreased by $15.1 billion this year. Gautam Adani also took a hit of $11.7 billion, although the recent rally has largely pared his losses.
Picture of the world’s top 10 billionaires
The richest person in the world is still Elon Musk, who has a net worth of $677 billion. Larry Page, Jeff Bezos, Sergey Brin and Mark Zuckerberg are among the top five. Larry Ellison, Bernard Arnault, Steve Ballmer, Jensen Huang and Warren Buffett have also made their place among the top 10 billionaires of the world.
