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Adani joins $100 billion club to become 8th richest in world; Mukesh Ambani slips to 11th position

Gautam Adani has joined the $100 billion club joining the list of richest businessmen like Elon musk and Bezos

Adani Group Chairman Gautam Adani is now the eighth richest person in the world with $109 billion net worth.

The Indian tycoon, who has ports, mines and green energy in the list of his businesses, is the latest whose fortune reached the $100 billion mark. 

He has become the world’s biggest gainer and joins nine other members of the elite group going up almost $24 billion this year. The other countryman Mukesh Ambani has now dropped slightly below it to $99 billion, says the Bloomberg Billionaires Index

He has overtaken Oracle’s Larry Ellison and former Micosoft CEO Steve Ballmer, says the Bloomberg’s real-time billionaires index.

This year Adani‘s net worth increased by around USD 32 billion, which is the highest in the list of one-year wealth of the top rich.

The Adani Group controls companies range from ports and aerospace to thermal energy and coal.

Reliance Industries Chairman Mukesh Ambani meanwhile slipped to 11th position on the index, with $97.7 billion fortune. He added over $7.72 billion to his wealth so far this year, according to Bloomberg Billionaires Index.

According to Forbes’ Real-Time Billionaires list, the Adani group chief stands at 9th position with $109.8 billion net worth.

Mukesh Ambani continued to grab the 10th slot on the Forbes‘ richest individuals in the world list with $98.8 billion fortune.

In last few months, Adani and Ambani have been swapping their positions for the top spot on some of the billionaire indexes.

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