The business tycoon has lost nearly $27 billion of his net worth so far this year. Adani’s wealth fell by $6 billion on Wednesday and another $20.8 billion on Friday to $92.7 billion, showed the Bloomberg Billionaires Index.
In September 2022, Adani had become the secondrichest person in the world, surpassing Amazon founder Jeff Bezos with a net worth of $147 billion. While Bernard Arnault of LVMH retains the top position with $190 billion, Elon Musk and Jeff Bezos occupy the second and third spots in the index with net worth of $167 billion and $126 billion, respectively.
Microsoft founder Bill Gates, with a net worth of $112 billion, has been ranked as the fourth richest, while Warren Buffett of Berkshire Hathaway is the fifth wealthiest with a net worth of $108 billion. Larry Ellison of Oracle is sixth on the list, with a net worth of $101 billion. chairman Mukesh Ambani, who has lost $5.77 billion of wealth since January 1 this year, is at the 13th spot in the rich list with a fortune of $81.3 billion. The sell-off in Adani Group shares on Wednesday and Friday has resulted in the total market capitalisation of group companies falling by `4.2 lakh crore, or $51 billion, in this period.
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