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Friday, March 29 2024
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Gautam Adani is now richer than Anil Ambani

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Industrialist Gautam Adani has made it to the list of 10 richest Indians after a sharp 152 per cent jump in his worth.

Hurun Report, a Chinese magazine, said Adani zoomed into the top league riding on the runaway share prices of his companies in the recent past which pegged his his wealth at Rs.44,000 crore. The Adani Group chairman, who was placed 10th in the list, edged out Anil Ambani of the Anil Dhirubhai Ambani Group, whose wealth dropped by 5 per cent to Rs.43,000 crore.

Anil’s brother, Mukesh Ambani, , the Reliance Industries chief, retained the top spot in the list.

The report which tracks the uber rich quoted that Ambani’s wealth swelled 37 per cent to Rs.1.65 lakh crore, while Sun Pharma chief Dilip Shanghvi toppled LN Mittal of ArcelorMittal for the second position. Shanghvi’s recent blockbuster acquisitions reaped a 43 per cent rally in his wealth, which stood at Rs.1.29 lakh crore. Mittal declined 4 per cent to Rs.97,000 crore.

Mumbai has 70 billionaires followed by Delhi with 37 and Bangalore 23. LN Mittal, SP Hinduja, Anil Agarwal and Prakash Lohia are from the UK while Micky Jagtiani of Landmark Group, Feroz Allana of IFFCO and MA Yousufali of Emke Group are from the UAE.

Azim Premji of Wipro at Rs.86,000 crore came fourth in the richest list followed by tech peer Shiv Nadar of HCL, who saw his wealth rise 41 per cent to Rs.78,000 crore. SP Hinduja of the Hinduja Group and Pallonji Mistry of the Shapoorji Pallonji Group, who is also the largest individual shareholder in Tata Sons, made it to spots six and seven.

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