The year 2026 was very profitable for industrialist Gautam Adani, while Mukesh Ambani had to suffer losses. According to the latest report by Bloomberg Billionaires Index, Gautam Adani earned an average of ₹1,897 crore every day this year, while Mukesh Ambani lost an average of ₹1,352 crore every day.
**Adani becomes Asia’s richest person**
On the basis of such huge daily earnings, Gautam Adani has once again overtaken Mukesh Ambani to become the richest person in Asia. He is currently ranked 19th in the Bloomberg index of the world’s richest people, while Mukesh Ambani has slipped one place to 20th.
**What was the impact of earnings?**
As per the latest report for June 2026, the EBITDA (Operating Profit) of Adani portfolio has reached an all-time high of ₹94,834 crore. Adani Group has invested ₹1.53 lakh crore annually focusing on infrastructure and green energy sectors – the largest ever by any Indian company. As a result, investor confidence in the Group’s shares remains strong, leading to a rapid increase in market capitalisation.
**Why did Ambani suffer loss?**
A large part of Mukesh Ambani’s income comes from Reliance Industries, which runs the world’s largest oil refining complex. The increasing tension in the Middle East has adversely affected this part of the Ambani Group’s business. Due to this, foreign investors are pulling out money from big, Nifty-weighted companies like Reliance and moving to other markets, leading to a huge fall in its share price.
Whenever the performance of Reliance’s petrochemicals, oil or retail sectors in a quarter falls short of market expectations, the share price can fall by 2-3% in a single day. Since Reliance’s market capitalization is huge, even a mere 2% decline reduces Ambani’s net worth by thousands of crores of rupees.
