Net worth of Gautam Adani and Mukesh Ambani India December 2022-February 2023
As of February 1, 2023, the net worth of Gautam Adani of the Adani Group declined to 7.1 trillion from 11.8 trillion at the end of December 2022. Mukesh Ambani of Reliance Industries overtook Adani with a net worth of 7.77 trillion Indian rupees as of February. The Adani family lost around 38 percent of its net worth since the publication of the Hindenburg report alleging fraud and stock manipulation. It further stated that the Adani companies are heavily leveraged.