Adani Group chairman Gautam Adani surpassed Mukesh Ambani to become Asia's richest person with a $111bn net worth.

Gautam Adani, Adani Group chairman, regained Asia's richest person title with a $111bn net worth, surpassing Mukesh Ambani ($109bn), according to Bloomberg Billionaires Index. Adani's net worth increase of $26.8bn in 2023 contrasts with Ambani's $12.7bn wealth rise. A 14% rally in Adani Group shares and a Supreme Court order for Sebi to conclude its investigation into the group contributed to his rise.