Another Indian businessman has become the richest person in Asia, replacing Mukesh Ambani.

Mukesh Ambani from India lost the title of Asia’s richest man after about 5 months. In place of Mukesh Ambani, India’s Gautam Adani has once again become the richest man in Asia.

It should be noted that in January 2023, American short-selling company Hindenburg said in a report that Dani Group has been involved in stock market manipulation and accounting fraud scheme for decades.

After this report, Gautam Adani’s wealth declined and he was at the bottom of the list of the world’s richest people in 2023, while Mukesh Ambani took the title of Asia’s richest person.

Gautam Adani started 2023 as the third richest person in the world with $119 billion and then went down after a steady decline in wealth. But 2024 has been a good year for Gautam Adani so far and 5 months During his tenure, his assets have increased by around 27 billion dollars.

According to a Bloomberg report, Gautam Adani’s net worth rose to $111 billion after an increase of $11 billion on May 31, after which he overtook Mukesh Ambani to become Asia’s richest man.

Currently, Gautam Adani is the 11th richest person in the world while Mukesh Ambani is at the 12th position with $109 billion.

Gautam Adani had previously become Asia’s richest man for a few days in January 2024, but soon slipped down. France’s Bernard Arnault is currently the world’s richest man with $207 billion, followed by Elon Musk. are the owners of $203 billion. Amazon founder Jeff Bezos is in third place with $199 billion.