Mukesh Ambani now ahead of Adani in wealth rankings, new list shows

Mumbai, 10/10: Reliance Industries Ltd Chairman Mukesh Ambani overtook Adani Group Chairman Gautam Adani in the latest wealth rankings of the 360 ONE Wealth Hurun India Rich List 2023 released on Tuesday.

Reliance Industries has made cumulative investments exceeding $150 billion in the last decade, surpassing any other corporation in India. During this period, 66-year-old Mukesh Ambani’s wealth has surged from Rs 165,100 crore in 2014 to nearly INR 808,700 crore, marking an impressive four-fold increase. Gautam Adani (61), the Chairman of the Adani Group, slipped to the second position and experienced a staggering decrease in wealth amounting to Rs 6,19,000 crore within a year.

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