Mumbai10 hours ago
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India’s richest people Mukesh Ambani and Gautam Adani have been out of Bloomberg’s list of $ 100 billion (about Rs 8.49 lakh crore) this year. With this, both these billionaires have been left out of the ‘Elite Centi Billionaire Club’, which is made for people with a net worth of more than 100 billion dollars.
However, the wealth of India’s top 20 rich has increased by $67.2 billion since January 2024. Those whose wealth has increased the most include IT tycoons Shiv Nadar ($10.8 billion) and Savitri Jindal ($10.1 billion). According to Bloomberg, Ambani’s wealth declined when his company’s retail and energy divisions performed poorly.
Ambani’s net worth decreased from $ 120.8 billion to $ 96.7 billion.
According to the Bloomberg Billionaires Index, when his son Anant got married in July, his net worth was $ 120.8 billion, which has come down to $ 96.7 billion as of December 13.
At the same time, in November, the US Justice Department accused Adani of bribery and fraud to get a contract related to solar energy, after which his wealth saw a decline. In June, Adani’s total net worth was $ 122.3 billion, which came down to $ 82.1 billion. Adani has also suffered huge losses due to Hindenburg Research report and allegations of fraud.
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