Mukesh Ambani, the chairman of Reliance Industries, has slipped to the second spot on the 2024 Hurun India Rich List with a wealth of ₹10.1 lakh crore. This marks a significant change as he loses the top position to Gautam Adani, who now holds the number one spot with a net worth of ₹11.6 lakh crore, having seen his wealth grow by an impressive 95% over the past year.
Ambani’s wealth has been primarily driven by the performance of Reliance Industries, which has interests in petrochemicals, telecommunications, and retail. Despite his substantial fortune, this year marks a shift in the rankings, reflecting the dynamic nature of wealth accumulation in India’s business landscape.
Gautam Adani’s rise has been notable, especially considering the challenges faced by his group in the previous year. The change in positions highlights the competitive environment among India’s wealthiest individuals, with both Ambani and Adani being key figures in the country’s economic growth.
As of now, Mukesh Ambani’s net worth remains significant, and he continues to be a major player in various sectors, including energy and telecommunications. His focus on expanding Reliance’s footprint in green energy and digital services suggests that he may still have opportunities for growth in the future.
The 2024 Hurun India Rich List underscores the evolving landscape of wealth in India, with both Ambani and Adani at the forefront, reflecting their respective contributions to the economy and the competitive nature of their industries.
