Gautam Adani falls to third place on Asia’s rich list as stocks plummet.
Mukesh Ambani, the owner of the retail oil conglomerate Reliance Industries Ltd, remains Asia’s richest man, with an estimated net worth of $84 billion.
Billionaire Gautam Adani was pulled back to third place among Asia’s wealthiest people just a few weeks after claiming second place, as the Indian millionaire businessman lost $13 billion in four days due to a massive sell-off in shares of Adani group companies.
Adani’s net worth is presently $63.5 billion, down from $76.7 billion at the start of this week.