The wedding celebration of Indian billionaire Mukesh Ambani’s son Anant earlier this year was the stuff of tabloid fantasy: a seven-month extravaganza that saw Rihanna and Justin Bieber flown in to entertain guests across exotic locales from Mumbai to the Italian Riviera.

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India’s Richest Men Drop Out of World’s Elite $100 Billion Club

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Reliance Industries, Mukesh Ambani’s flagship company, has faced pressure in its core businesses, however market analysts remain cautiously optimistic.

India Today

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Billionaire blues for Ambani, Adani as networth slips below $100 billion

India's wealthiest tycoons, Mukesh Ambani and Gautam Adani, have recently seen their fortunes dip below $100 billion. While other Indian billionaires thrived, Ambani and Adani faced challenges in their core businesses, impacting their net worth.  Ambani is pivoting towards digital platforms and renewable energy, while Adani battles allegations and investigations. Despite setbacks, both remain influential figures in India's dynamic economy.

The Economic Times

Sahu Jain family

Ambani, Adani see net worth drop below $100 billion amid rising challenges

Gautam Adani and Mukesh Ambani are no longer in the centibillionaires club on Bloomberg’s Billionaire Index. Ranked 17th, Mukesh Ambani, the Reliance head, has a net worth of %96.7 billion, just shy of $100 billion. Gautam Adani, with a...

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Gautam Adani And Mukesh Ambani Ousted Of The Elusive $100 Billion Club; Here’s How Much Wealth They Lost

Dec 16, 2024 10:32 AM IST   Mukesh Ambani and Gautam Adani have exited Bloomberg’s $100 billion club due to business setbacks. 
Reliance CMD Mukesh Ambani and Adani Group chairman Gautam Adani, two of Asia’s wealthiest individuals and India’s richest billionaires, have both left Bloomberg’s $100 billion club for the year due to various business setbacks, the website reports.     Due to financial difficulties, Gautam Adani and Mukesh Ambani, the …

Latest For Me

Ambani and Adani exit Bloomberg’s $100 Billion Club amid business setbacks – Latest For Me

Mukesh Ambani, the chairman of Reliance Industries, and Gautam Adani, the head of the Adani Group, have both fallen out of Bloomberg’s exclusive $100 billion club this year due to various business challenges, according to a recent Bloomberg report. Despite the setbacks of some of India’s richest individuals, many others have seen their fortunes grow, with the 20 wealthiest individuals adding a total of $67.3 billion to their wealth since the sta…

NewsX

Venod Sharma

Ambani, Adani Exit Bloomberg's $100 Billion Club Amid Financial Setbacks

Two of India’s most prominent tycoons, Mukesh Ambani, chairman of Reliance Industries, and Gautam Adani of the Adani Group, are no longer members of the $100 billion net worth club this year, as reported by a leading publication. Both business magnates have faced significant challenges, leading to a sharp decline in their personal fortunes. Despite […] The post India’s Top Richest Billionaires: Mukesh Ambani & Gautam Adani Are Not in the $100 Bi…

CEOWORLD magazine

India’s Top Richest Billionaires: Mukesh Ambani & Gautam Adani Are Not in the $100 Billion Club This Year - CEOWORLD magazine

New Delhi: Billionaires Gautam Adani and Mukesh Ambani dropped out of the world’s top 10 billionaires list as their net worth declined below the $100 billion mark, according to Bloomberg data. The 2 Indian billionaires’ net worth slipped below the $100 billion mark even as Tesla CEO Elon Musk recently became the first billionaire in history to cross the $400 billion net worth mark. Ambani and Adani’s wealth decline may be attributed to their cor…

NEWS9 LIVE

Why Gautam Adani, Mukesh Ambani dropped out of world’s top 10 billionaires list

India is one of the fastest growing economies in the world, and in accordance with this ascendance, the country has been harbouring several billionaires. Mukesh Ambani and Gautham Adani or obviously, at the forefront of this financial boom in the country. However, as per the latest financial reports, both Ambani and Adani took a severe beating in terms of net worth and financial valuations. Adani net worth which speak that one US$122 billion in …

Gulte

Ambani, Adani Drop From $100B Club: What’s Up?

Mukesh Ambani, the chairman of Reliance Industries Limited, and Gautam Adani, founder of the Adani Group, are confronting significant challenges that are impacting their immense wealth, as reported by Bloomberg. Ambani’s energy and retail sectors have been struggling as investor worry mounts over increasing debt. Meanwhile, Adani's business empire is facing turmoil due to a probe by the U.S. Department of Justice over alleged bribery, which coul…

India’s Richest Men Drop Out of World’s Elite $100 Billion Club

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