Gautam Adani Becomes Asia’s Richest Person, Surpasses Mukesh Ambani

New Delhi — , Chairman of the , has emerged as Asia’s richest individual, overtaking , according to the .

Adani’s net worth has climbed to $92.6 billion, following a gain of $8.10 billion so far this year. This surge has propelled him to the 19th position globally. In contrast, Ambani’s net worth stands at $90.8 billion, having declined by $16.9 billion in 2026, placing him second in Asia and 20th worldwide.

Market Movements Drive Wealth Shift

On Thursday, Indian equity markets closed marginally lower, with the slipping by 123 points. Despite the broader market weakness, shares of Adani Group companies witnessed gains, boosting Adani’s wealth by $3.56 billion in a single session.

Meanwhile, Ambani’s wealth saw a modest increase of $76.7 million, as shares of ended the day nearly flat.

Global Wealth Trends

The latest data indicates that 7 out of the world’s top 20 billionaires have experienced a decline in their net worth this year. Among them, has recorded the steepest drop, losing $44 billion.

Other prominent figures witnessing declines include , , , , , and Mukesh Ambani.

World’s Top 10 Billionaires

At the global level, continues to dominate the rankings with a net worth of $656 billion, having added $36.7 billion this year.

He is followed by ($286 billion) and ($269 billion). Other names in the top 10 include , , Larry Ellison, , , Bernard Arnault, and .

Key Takeaway

The latest reshuffle underscores the volatility of global wealth rankings, driven by market movements and sectoral performance. Adani’s rise reflects strong momentum in his group’s stocks, while Ambani’s relative decline highlights the contrasting trajectories within India’s billionaire landscape.