Gautam Adani and Mukesh Ambani exit Bloomberg's $100 billion club as wealth declines
Gautam Adani and Mukesh Ambani have dropped out of Bloomberg's $100 billion club. Ambani's net worth is now $96.7 billion, while Adani's is $82.1 billion. Both face significant business challenges affecting their wealth. Ambani's Reliance Industries is struggling with slow growth and rising debt. Adani is dealing with fallout from allegations of fraud and bribery, which have impacted his business operations and investor confidence. Despite their losses, Ambani remains a centibillionaire on Forbes' index, while Adani ranks lower. Elon Musk and Jeff Bezos continue to lead the billionaire rankings.