Billionaire Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani to become Asia’s wealthiest individual, as per the latest Bloomberg Billionaires Index. Adani’s net worth now stands at $92.6 billion, ranking him 19th globally, while Ambani slipped to the 20th position with a net worth of $90.8 billion. The shift in rankings reflects the current volatility in global wealth standings in 2026, influenced by geopolitical tensions and market fluctuations.
In a recent stock market session, Adani Group stocks experienced a significant surge, outperforming standard indices. This surge resulted in a $3.56 billion increase in Gautam Adani’s net worth in just one day. Tesla CEO Elon Musk remains at the top of the global wealth list with a net worth of $656 billion, followed by Google co-founder Larry Page at $286 billion.
The top 10 list also includes prominent names such as Jeff Bezos from Amazon, Mark Zuckerberg from Meta, Larry Ellison from Oracle, Michael Dell from Dell Technologies, Jensen Huang from Nvidia, and Bernard Arnault, CEO of LVMH, among others. Notably, seven of the world’s top 20 wealthiest individuals have witnessed a decline in their net worth in 2026, with Arnault experiencing the most significant drop, losing $44 billion during the period.
A sectoral breakdown of the index reveals that technology entrepreneurs continue to dominate the global rich list, while billionaires in industries like energy, retail, and industrials have seen relatively higher fluctuations in their net worth. Among other Indian billionaires, Lakshmi Mittal ranks 62nd globally with a net worth of $36.9 billion, followed by HCL founder Shiv Nadar at the 70th position with $33.5 billion.
Shapoor Mistry and family hold the 71st position with $33.2 billion, while Savitri Jindal, chairperson emeritus of the OP Jindal Group, is ranked 73rd globally with a net worth of $32.7 billion. Notable Indian figures on the list include Sunil Mittal and family, Azim Premji, Kumar Mangalam Birla, and Radhakishan Damani. Additionally, Adani Group stocks like Adani Total Gas, Adani Ports, and Adani Power saw an increase of up to 3% during Friday’s intra-day trading.
