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Adani Overtakes Ambani: Asia's Richest Man Crowned
18 Apr
Summary
- Gautam Adani is now Asia's richest individual as of April 16, 2026.
- Adani's net worth reached $92.6 billion, surpassing Ambani's $90.8 billion.
- Adani's wealth saw a 34% compounded annual growth over the past decade.
Gautam Adani has once again been recognized as Asia's richest individual, overtaking Mukesh Ambani. As of April 16, 2026, Adani's net worth reached $92.6 billion, as reported by the Bloomberg Billionaire Index. This figure places him ahead of Ambani, whose net worth was recorded at $90.8 billion on the same date.
Over the past decade, Adani's wealth has experienced a remarkable compounded annual growth rate of 34%. This recent surge is largely attributed to significant gains across most of the listed Adani Group entities during April. Adani now ranks 19th globally on Bloomberg's rich list.
This financial ascent follows a period of volatility. In September 2022, Adani had briefly achieved the status of the world's fourth richest person. However, allegations from Hindenburg Research in early 2023 led to a substantial decline in his net worth, which had fallen to approximately $37 billion by February 2023. The current rebound, showing nearly a 10% increase in 2026 alone, reflects a strong recovery.
