Gautam Adani Reclaims Title Of Richest Person In Asia: Here's How Much His Net Worth Increase In 2024

The surge in share prices brings their total market value to Rs 17.94 lakh crore at one point.

Gautam Adani, the chairman of the Adani Group, has once again become the richest person in Asia with a net worth of $111 billion, according to the Bloomberg Billionaires Index. This achievement comes after the Adani Group’s shares surged by up to 14 per cent on Friday, May 31, 2024.

Stock Market On May 31: Adani Group Shares

The stock market reacted positively to this surge, with Adani Group stocks adding Rs 1.23 lakh crore in investor wealth during the day.

Adani Group Companies: Mcap

The surge in share prices brings their total market value to Rs 17.94 lakh crore at one point.

Market Value At End Of Day

By the end of trading, the market value settled at Rs 17.51 lakh crore. This reflects a significant increase of Rs 84,064 crore.

Gautam Adani Becomes India’s Richest Person

With the increase in market value, Adani has overtaken Mukesh Ambani of Reliance Industries, who held the top spot for nearly five months.

Mukesh Ambani Ranking

Ambani now ranks 12th with a net worth of $109 billion.

Source: https://www.timesnownews.com/business-economy/companies/gautam-adani-reclaims-title-of-richest-person-in-asia-heres-how-much-his-net-worth-increase-in-2024-article-110633032