- LATEST
- WEBSTORY
- TRENDING
BUSINESS
Mukesh Ambani, Gautam Adani dropped out of USD 100 billion club, their net worths are now...
The drop in their net worth comes amid various challenges affecting their commercial interests and personal wealth.
Updated : Dec 16, 2024, 04:35 PM IST
 "Mukesh Ambani, Gautam Adani dropped out of USD 100 billion club, their net worths are now...")
TRENDING NOW
)
Sikandar box office collection day 7: Salman Khan, Rashmika Mandanna film fails to cross Rs 100 crore mark by...
)
Casting couch scandals resurface: Tamil actress Shruthi Narayanan's viral video sparks fresh debate in film industry
)
SRH vs GT IPL 2025 Dream11 prediction: Fantasy cricket tips, probable playing XIs, team news, injury updates for Sunrisers Hyderabad vs Gujarat Titans
)
Throwback video: Mukesh Ambani would want to go on date with this actress, while Nita Ambani with this politician
)
Forget Aabha Paul, check out 5 hot pics, videos of Kangana Sharma
)
After leaked casting couch video, Shruthi Narayanan's old statement about social media goes viral: 'You can't share everything, it might...'
)
Meet OYO founder Ritesh Agarwal's wife Geetansha Sood, supported him when he had only Rs 30 in his pocket, she is director of...
)
Who is Rishi Parti, man who bought most expensive penthouse at Gurugram's DLF Camellias for Rs 190 crore, built company at 24, his business is...
)
Meet Chandrakumari Raghuram Shetty, wife of BR Shetty, Dubai billionaire who had to sell his company for just Rs 74
)
Panchayat Season 4 release date: Jitendra Kumar aka Abhishek Tripathi is back as Sachiv ji; Prime Video's hit show to release on...
)
10 most handsome men in the World: This BTS member beats Hrithik Roshan, Chris Evans, Brad Pitt
)
XXX actress Aabha Paul looks sizzling in sexy photos
)
This superstar 'lost control' during intimate scene with Madhuri Dixit, bit her lip, left her bleeding, in tears, film became superhit, it was..
)
'You don't have image or talent': Meet 'average actor' who was insulted by Rishi Kapoor, he later became star with.., has net worth of...
)
JP Morgan predicts U.S. recession by year end amid tariffs; Jefferies sees limited impact on Indian exports
Mukesh Ambani and Gautam Adani, India's richest and second-richest men, have dropped out of Bloomberg's coveted USD 100 billion club amid rising business challenges. Ambani runs India's most valuable company, Reliance Industries, whose market cap is Rs 17.15 lakh crore as of December 16. Whereas, Adani runs Adani Group, whose flagship firm Adani Enterprises has a market cap of Rs 2.90 lakh crore.
According to the Bloomberg Billionaires Index, Mukesh Ambani has a net worth of USD 96.7 billion and ranks 17th, as of December 16. While the net worth of Gautam Adani stands at USD 82.1 billion. He is at 19th spot in the index. The drop in their net worth comes amid various challenges affecting their commercial interests and personal wealth. Adani's wealth reached its highest point at USD 122.3 billion in June this year. However, after reports of US claims of his involvement in bribing Indian government officials, there is a major decline in his wealth.
Moreover, Ambani is still Asia's wealthiest individual. However, he too experienced a significant reduction in his fortune. His wealth peaked at approximately USD 120.8 billion in July, coinciding with his son Anant Ambani’s lavish wedding celebrations. His Reliance Jio and other telecom operators hike tariff prices from July 2024.
