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Gautam Adani reclaims Asia’s richest person spot
![IndiaTimes]()
Friday, 5 January 2024
Gautam Adani reclaims the title of Asia's wealthiest person, surpassing Mukesh Ambani, after India's Supreme Court concludes no new probes are needed into allegations against Adani's conglomerate. Adani's net worth rises by $7.7 billion in a day to $97.6 billion. The Adani Group faced a tumultuous year dealing with Hindenburg Research's allegations of corporate fraud, resulting in a market value loss of over $150 billion. However, the Supreme Court's decision brings a $13.3 billion wealth gain for Adani. Adani is diversifying his empire, investing $100 billion in green transition, data centers, and artificial intelligence.
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