Gautam Adani's name has surpassed Mukesh Ambani's on the Bloomberg Billionaires Index list of billionaires. Adani has thus risen to the top of the Asian and Indian wealth rankings.
His current net worth is $811 thousand crore rupees, or $97.6 billion. On the list, he comes in at number 12. Ambani's overall net worth, dropped to 13th place.
It's interesting to note that Adani was ranked 14 on this list on January 4. He has advanced two positions as a result of his enormous 24-hour profits. He earned $7.6 billion during this time.
The Supreme Court's ruling in the Adani-Hindenberg dispute is thought to be the cause of the increase in the value of Gautam Adani's company shares. As a result, the company's worth is rising.
The price of Adani Group's shares increased even on January 5. On the BSE, shares of ACC Cement increased 3.20% to Rs 2,352 a share.
In addition, there was a roughly 3% increase in Adani Port, 2% in Adani Power, 2% in Adani Total Gas, 0.12% increase in Adani Wilmar Share, and 3% increase in Ambuja Cement.