Record fall in Adani-Ambani's net worth, how much has their wealth decreased? - Newztezz Online

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Wednesday, June 5, 2024

Record fall in Adani-Ambani's net worth, how much has their wealth decreased?


The kind of election results that have been seen, its effect was clearly seen in the stock market on Tuesday. India's big billionaires have suffered its loss in the form of a huge drop in their wealth. Let us tell you how much the total wealth of Adani and Ambani has fallen.

Tuesday was no less than a nightmare for not only the country but also Asia's two richest businessmen, Gautam Adani and Mukesh Ambani. According to the data, the combined loss of wealth of both of them is Rs 2.82 lakh crore. According to the Bloomberg Billionaires Index, Gautam Adani's wealth has seen the biggest loss in a day.

Such a huge loss had not happened even when the Hindenburg report came out and serious allegations were leveled against the group. According to the data, Adani's net worth has evaporated to the tune of about $25 billion. Due to this decline, Adani has lost 4 positions in the list of the rich, while on the other hand, Mukesh Ambani's net worth has also seen a decline of about $9 billion.

Record decline in Adani wealth

Gautam Adani, who had surpassed Mukesh Ambani a few days ago to become Asia's richest businessman, suffered a major setback on Tuesday. The stock market has seen a decline of about 6 percent. The impact of which has also been seen in the shares of Adani Group. The impact of which has also been seen in Adani's wealth. According to the Bloomberg Billionaires Index, Adani's wealth has suffered a loss of about $25 billion i.e. more than Rs 2 lakh crore. This loss had not happened even when the Hindenburg report came out and serious allegations were also leveled against the Adani Group.

What is Adani's net worth?

According to the data of Bloomberg Billionaires Index, due to the decline in wealth, Adani's net worth has come down to $ 97.5 billion. Whereas the figure that was seen a day earlier was more than $ 122 billion. Adani's net worth was last seen in January 2023. On Tuesday, Adani's wealth fell suddenly. Now Adani is no longer the richest businessman in Asia. Also, he has suffered a loss in the Global Rich List. According to the Bloomberg Billionaires Index, he is now the 15th richest businessman in the world and not the 11th.

There is a big drop in Ambani's wealth too

On the other hand, Mukesh Ambani's wealth is also witnessing a big decline. According to the data, Mukesh Ambani's net worth has decreased by about 9 billion dollars i.e. more than 75 thousand crores rupees. After which his total net worth has come down to 106 billion dollars. However, in the current year, he is still in profit. There is an increase of 10 billion dollars. The special thing is that he has also benefited in the ranking. Now he has again become the richest businessman in Asia. In fact, there has been a big decline in Adani's wealth. After which his total net worth has come down to less than 100 billion dollars.

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