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A change in the ranking of the world’s rich is being seen due to the movement in the stock markets. 9 of the top-10 billionaires in the Bloomberg Billionaires Index have seen their wealth decline. When Mukesh Ambani’s wealth increased, he started pushing for a place in the top-10. Adani not only entered the top-20 once again but also achieved the status of the second richest person in Asia.
The biggest change in the list of billionaires is number four. Bill Gates has lost this position due to the decrease in the wealth of the top-10 billionaires and the increase in Larry Ellison’s net worth. Larry Ellison has now overtaken Bill Gates to become the fourth richest person in the world. Ellison’s net worth increased by $1.09 billion on Friday. He currently has a net worth of $129 billion.
Also read: Investors regain confidence in Adani Group, market cap rises to Rs 11 lakh crore on rise in shares
Shares of Adani Group companies saw a tremendous surge on Friday. This increased Adani’s wealth by $2.92 billion and made him the 20th richest person in the world with $63.8 billion. With this Gautam Adani has also achieved the lost status. He once again surpassed Chinese billionaire Zhong Shanshan to become the second richest man in Asia. Mukesh Ambani is at number one. On the other hand, Russian President Vladimir Putin has moved up to number 48 in the world’s billionaires list. Putin currently has a net worth of $29 billion. Putin is chairman of Norilsk Nickel, the world’s largest producer of high-grade nickel.
Elon Musk Richest Person in the World: Despite losing $2.67 billion on Friday, Elon Musk is still the richest person in the world. He has a net worth of $205 billion. Bernard Arnault is second and has a net worth of $181 billion. Jeff Bezos has a net worth of $157 billion and is the third largest billionaire.