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CEOWORLD magazine - Latest - Success and Leadership - India’s Gautam Adani has lost the coveted tag of being the second richest billionaire in ASIA

Success and Leadership

India’s Gautam Adani has lost the coveted tag of being the second richest billionaire in ASIA

Suffering a rout in the stock markets this week, Indian billionaire Gautam Adani has lost the coveted tag of being the second richest billionaire in Asia.

His net worth has fallen to $62.9 billion, down from $77 billion at the beginning of this week. In just 4 days, Adani Group Chairman Gautam Adani has lost roughly $14.1 billion from his net worth.

As a result, Chinese pharmaceutical magnet Zhong Shanshan) has reclaimed his position as the 2nd richest man in Asia after Reliance Industries Chairman Mukesh Ambani. Shanshan’s wealth stood at $70.4 billion while Ambani’s was at $84.6 billion in the rich list.

Asia’s top 10 richest people, as of June 21, 2021

  1. Mukesh Ambani: $84.6 billion (Chairman and MD of Reliance Industries)
  2. Zhong Shanshan: $70.4 billion (chairman of Nongfu Spring; the major shareholder of Beijing Wantai Biological Pharmacy Enterprise)
  3. Gautam Adani: $62.9 billion (the founder of Adani Group)
  4. Ma Huateng: $60.3 billion (the co-founder and chief executive officer of Tencent Holdings)
  5. Jack Ma: $48.7 billion (the founder of Alibaba Group)
  6. Zhang Yiming: $44.5 billion (the founder of ByteDance)
  7. Colin Huang: $44.0 billion (the founder of Pinduoduo)
  8. Zeng Yuqun: $40.1 billion (the chairman of Contemporary Amperex Technology Co)
  9. Tadashi Yanai: $38.2 billion(the chairman and biggest shareholder of Fast Retailing)
  10. Li Ka-shing: $34.8 billion (the founder of CK Hutchison Holdings)

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CEOWORLD magazine - Latest - Success and Leadership - India’s Gautam Adani has lost the coveted tag of being the second richest billionaire in ASIA
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.