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Adani dethroned Ambani! How?

Gautam Adani becomes Asia's richest person, surpassing Mukesh Ambani. Let's see how their companies have performed in the last three years.

Adani dethroned Ambani! How?

On November 25, 2021, industrialist Gautam Adani surpassed Mukesh Ambani to become Asia's richest person. Adani's net worth increased drastically from April 2020 as the group of companies' share prices have gone up by 14 times in the last 20 months.

The recent scrapping of the O2C deal dragged the share price of Reliance down while at the same time, the share price of Adani group of companies soared, resulting in Gautam Adani surpassing Mukesh Ambani.

Let us see how their listed portfolio companies performed in the last three years, on the back of which they claim to be on the leaderboards:

Adani dethroned Ambani! How?

Adani dethroned Ambani! How?