Ambani-Adani suffered big loss, wealth fell in just one year?

frame Ambani-Adani suffered big loss, wealth fell in just one year?

S Venkateshwari
Ambani-Adani suffered big loss, wealth fell in just one year?

A day before the budget, that is, today, the performance of the stock market was excellent. On one hand, the Sensex closed at 77,500.57, up 740.76 points, while on the other hand the Nifty was up 258.90 points at 23,508.40. This boom in the stock market may affect the wealth of the country's two business tycoons Mukesh Ambani and gautam Adani. Now it remains to be seen how the budget to be presented on february 1, 2025 affects it.

Mukesh Ambani's net worth

Last year, on february 1, 2024, the day the budget was presented, the net worth of reliance Industries Chairman mukesh ambani was $106 billion. According to the data of Bloomberg Index, by march 31, 2025, it fell by $ 16 billion i.e. Rs 1.38 lakh crore. At present,the total net worth of Mukesh Ambani is $ 90 billion. That is, in just one year, his wealth has declined by 15 percent and with this he has also dropped out of the $ 100 billion club. He is currently number 17 in the list of the world's richestbusinessmen.

Gautam Adani's net worth

However, the chairman of adani Group is also not behind in terms of loss. According to the data of Bloomberg Billionaires Index, when the budget was presented on february 1 last year, his net worth was $ 96.8 billion. It has now reached $ 69.8 billion with a loss of $ 27 billion i.e. Rs 2.33 lakh crore. Meaning, within a year, his net worth fell by about 28 percent. He is currently at number 21 in the list of the world's richestbusinessmen.

What will be the effect of this time's budget?

Now the question arises whether the budget to be presented tomorrow will have a positive effect on his wealth or not. Experts believe that this time the budget can focus on growth, which can lead to a boom in the stock market. In such a situation, if the shares of adani Group and reliance Industries rise, then it is obvious that their income will also increase.

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