Ambani and Adani leave Bloomberg's $100 billion club following business challenges
Mukesh Ambani and Gautam Adani have left Bloomberg's $100 billion club due to business challenges. Ambani's wealth fell from $120.8 billion in July to $96.7 billion, while Adani's dropped from $122.3 billion to $82.1 billion amid investigations. Despite their exits, India's top 20 billionaires gained a total of $67.3 billion since January 2024. Shiv Nadar and Savitri Jindal saw the largest increases in their fortunes, with gains of $10.8 billion and $10.1 billion, respectively. The Bloomberg list now excludes Ambani and Adani from the "elite centibillionaires club." The Walmart Waltons lead the list of the world's richest families in 2024, with a net worth of $432.4 billion.