Ambani's net worth now stands at $119.5 billion, making him not only India's richest individual but also the second-largest gainer in dollar-terms globally in 2024. This places him as the 13th richest person in the world.
Ambani recently announced bonus shares as a Diwali gift to Reliance investors, further elevating his influence in India's corporate landscape. He also took the opportunity to celebrate his younger son, Anant Ambani, and his contributions to the family business.
Following closely behind is Gautam Adani, chairman of the Adani group, who emerged as the biggest gainer on the 2024 list. His wealth shot up by $48 billion, reaching $116 billion, marking a significant recovery from the Hindenburg Research controversy in 2023. Adani's strategic move of placing family members in key positions has further strengthened his business empire.
India's top tycoons cross $1 trillion wealth mark
This story is from the October 11, 2024 edition of Business Standard.
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This story is from the October 11, 2024 edition of Business Standard.
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