Photo: Forbes India
Gautam Adani Becomes 2nd Richest Asian With $67Bn Net Worth
Adani Group's owner Gautam Adani, with a net worth of $67 billion, has surpassed China's Zhong Shanshan ($63.6Bn) to become the second-richest Asian. With the feat, Adani has now bagged the 16th place globally, four behind richest Asian Mukesh Ambani ($76.5Bn). According to Bloomberg's report, Adani's rise began in 2020 since stocks of all his six companies rose, taking the market capitalisation from $20 billion to $115 billion.
Tags: Gautam Adani, Adani Group, Second-Richest Asian, Mukesh Ambani, Zhong Shanshan
Courtesy: The Times of India
Photo: Deccan Herald
Mukesh Ambani Regains Asia's Wealthiest Spot After Zhong Suffers Loss
Reliance Industries CEO Mukesh Ambani regained the richest Asian spot on February 26 after his competitor Zhong Shanshan suffered a $22 billion loss. Reportedly, clocking $80 billion net worth, Mukesh surpassed the Chinese tycoon having $76.6 billion in Bloomberg Billionaires Index. Earlier, the top spot held by Ambani for over two years was taken by Zhong in December 2020. Notably, Ambani had increased his fortune by $18 billion in 2020.
Tags: Mukesh Ambani, Richest Asian, Zhong Shanshan, Chinese
Courtesy: Live Mint
Photo: Outlook India
China's Zhong Shanshan Replaces Mukesh Ambani As Asia's Richest Person
Indian business magnate Mukesh Ambani has been replaced by Chinese national Zhong Shanshan as Asia's richest person. Zhong is the founder of China's largest bottled water company 'Nongfu Spring'. As per the Bloomberg Billionaires Index, Shanshan's net worth has soared from $70.9 billion to $77.8 billion, surpassing Ambani's $76.9 billion. Notably, Nongfu's shares have risen to about 155% since their launch, one of the fastest wealth-growing… read-more
Tags: Asia's Richest Man, Mukesh Ambani, China, Zhong Shanshan
Courtesy: The Economic Times
