Mukesh Ambani and Gautam Adani exit Bloomberg's $100 billion club due to business challenges

Mukesh Ambani and Gautam Adani have left Bloomberg's $100 billion club in 2024 due to business challenges. Ambani's wealth dropped to $96.7 billion, while Adani's fell to $82.1 billion, impacted by underperforming divisions and investigations. Despite their exits, India's top 20 billionaires gained a total of $67.3 billion this year. Shiv Nadar and Savitri Jindal saw the largest increases in their net worth, with gains of $10.8 billion and $10.1 billion, respectively. Ambani's wealth decreased from $120.8 billion in July, while Adani's fell from $122.3 billion amid ongoing investigations and market uncertainties. The Walmart Waltons topped Bloomberg's Richest Families 2024 list, with a combined wealth of $432.4 billion.