Mukesh Ambani 9th wealthiest in the world, Adani at 23rd rank

TIL Desk/Business/Chennai/ Despite an erosion of 20 per cent or $21 billion in wealth, Reliance Industries’ Chairman and Managing Director Mukesh Ambani continues to be at the top 10 wealthiest individuals in the world with a wealth of $82 billion, states the 2023 M3M Hurun Global Rich List.

For the third consecutive year, Ambani retained the wealthiest Asian title. With a 35 per cent decrease or $28 billion in wealth to $53 billion, Gautam Adani & family, of Adani Group slipped to 23rd rank in the world’s wealthiest from the last year’s second rank. Adani also lost the second richest Asian title in 2023.

A report in January by US short-seller Hindenburg led to Adani seeing his wealth down by more than 60 per cent from his peak. Last year, it was said that Adani topped the list by adding Rs 1,600 crore per day over 2022. The other Indian billionaires who figure in the world’s top 50 richest are: Cyrus Poonawalla (global rank 46, wealth $27 billion), and Shiv Nadar and family (rank 50, $26 billion).