Adani vs Ambani: Gautam Adds $13 Billion in 2 Days, Eyes India’s Richest Title

New Delhi (Uttam Hindu News): Gautam Adani, chairman of the Adani Group, is rapidly closing in on Mukesh Ambani to become India’s richest person, with his net worth rising by $13 billion in just two trading sessions. According to the Bloomberg Billionaires Index, Adani’s fortune now stands at $95.7 billion, just $2.9 billion behind Ambani’s $98.6 billion.

This year, Gautam Adani’s wealth has grown by $17.1 billion, compared to an $8.02 billion increase for Mukesh Ambani.

The rise in Adani Group shares came after the Securities and Exchange Board of India (SEBI) cleared the group in a short-seller firm Hindenburg case. SEBI confirmed that the Adani Group did not violate any regulations in its dealings through two private firms, effectively rejecting claims of hidden related-party transactions and fraud.

Over the past three trading sessions:

Adani Power shares rose nearly 30%

Adani Total Gas shares rose around 18%

Adani Green Energy shares rose about 15%

Adani Energy Solutions shares increased over 10%

Adani Enterprises shares gave over 11% returns

Adani Ports shares rose nearly 3%

Globally, Elon Musk leads with $452 billion, followed by Larry Ellison ($388B), Mark Zuckerberg ($269B), Jeff Bezos ($250B), and Larry Page ($221B). With Adani at $95.7 billion and Ambani at $98.6 billion, India’s richest title may soon see a new leader.