Gautam Adani, Chairman of the Adani Group, has surpassed Mukesh Ambani on the Bloomberg Billionaires Index (BBI) to become Asia’s wealthiest person. Adani’s net worth of $97.6 billion places him at the 12th position globally, while Ambani is at the 13th spot with $97 billion. Adani’s wealth rebounded after a Hindenburg Research report led to a significant market cap loss. His recent surge is attributed to fundraising and positive Supreme Court observations. Adani gained $7.67 billion in the BBI ranking, with a year-to-date increase of $13.3 billion in 2024, reclaiming a top position among the world’s wealthiest.