IIFL Wealth Hurun India Rich List 2022: Gautam Adani overtakes Mukesh Ambani to become the richest man in India | News – Times of India Videos

Adani Group founder Gautam Adani has overtaken Reliance Industries chairman Mukesh Ambani to become the richest man in India for the first time in ‘IIFL Wealth Hurun India Rich List 2022’ with a wealth of Rs 10. 9 lakh crore or US$140 billion approx. The list shows that Adani’s wealth more than doubled, growing 116%, in just one year, while Ambani’s net worth grew 11% to Rs 7. 9 lakh crore or about US$99 billion. Adani’s wealth in absolute terms grew by Rs 5. 9 lakh crore. Adani’s elder brother Vinod Adani, who manages trading businesses from Dubai, too increased his wealth by 28% to Rs 1. 7 lakh crore to move to the number six position from 49 last year. In the last five years, his wealth has increased by 850%, making him the richest NRI. Adani had pipped Ambani as the richest Indian fiston the Bloomberg Billionaires’ Index in early February this year. Last week, he also became the world’s second-richest person behind Elon Musk, according to Bloomberg. Following the listing of beauty and wellness e-commerce platform Nykaa, Falguni Nayar, has overtaken Biotech chief Kiran Mazumdar Shaw to become the richest self-made Indian woman. With this, Nayar has also become the richest Indian woman. Cyrus Poonawalla, who has become the third-richest Indian with a wealth of just over Rs 2 lakh crore. Last year, Poonawalla ranked number seven on the list. For the first time since the launch of the Hurun lists, the cumulative wealth of the rich listers has grown to cross Rs 100 lakh crore, which is more than the combined gross domestic product of Singapore, UAE and Saudi Arabia.