Forbes' India billionaires 2022: Mukesh Ambani tops list, Gautam Adani second

As per the Forbes’ report, Mukesh Ambani’s total wealth at $ 90.7 billion has seen a jump of 7 percent from the last fiscal. Gautam Adani is placed on the second position with $90 billion wealth and HCL Technologies’ Shiv Nadar secured the third spot with $28.7 billion net worth.

New Delhi: Reliance Industries chairman Mukesh Ambani, with a net worth of $90.7 billion, has retained his position as India’s richest man and the tenth richest in the world, according to the Forbes.

Adani Group chairman Gautam Adani is placed on the second position with $90 billion wealth and HCL Technologies chairman emeritus Shiv Nadar secured the third spot with $28.7 billion net worth on the Forbes’ list of India’s 10 richest billionaires.

The top three rankings on the list remained unchanged from the previous year.

As per the Forbes’ report, Ambani’s total wealth has jumped 7 percent from the last fiscal. Ambani controls Reliance Industries, owner of the world’s largest oil refining complex. His other businesses include a 4G wireless network across India.

The second richest Indian and Asian, Adani has a total net worth of $90 billion. The 59-year-old founder of Adani Group controls companies ranging from ports and aerospace to thermal energy and coal.

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

Both Ambani and Adani are leading India’s charge into green energy with multi-billion dollar investments planned for the next decade or so.

India’s vaccine pioneer Cyrus Poonawalla, whose Serum Institute of India (SII) was at the forefront of producing vaccines against COVID-19, was placed fourth with an estimated net worth of $24.3 billion.

Source: https://www.timesnownews.com/business-economy/companies/forbes-india-billionaires-2022-mukesh-ambani-tops-list-gautam-adani-second-article-90668272