Indian billionaires see fortune increases, Mukesh Ambani returns to 100 billion US dollars – TradingView News

After a sharp market rally, Indian billionaires recorded a remarkable increase in their net assets, which in mid-March started again with renewed foreign investor inflows in view of the global trade voltages. The chairman of Reliance Industries LTD, Mukesh Ambanis prosperity, over $ 100 billion.

Ambani was the biggest profit during this period, with Moneycontrol data, according to Bloomberg, by almost 20 billion US dollars from around 81 billion US dollars to over $ 100 billion.

This jump has housed him worldwide to the 16 richest people. On March 4, his fortune decreased to 81 billion US dollars, after a significant correction of the Indian markets, but a strong recovery of the reliance industries and the Jio Financial Services shares -an increase of 25 percent and 29 percent compared to their low in April and March -has a large part of the recovery. However, his current net assets remain around 20 percent below the record high of $ 120.8 billion on July 8, 2024.

Gautam Adani, India's second richest person, also recorded a significant profit, with its net assets increasing by over $ 14.5 billion to $ 77.5 billion. Despite this recovery, his net assets are still 57 percent below its peak of $ 120.8 billion on June 3, 2024.

Other important winners are Dilip Shanghvi by Sun Pharmaceutical and Sunil Mittal from Bharti Airtel. Shanghvi will remain 10 percent, while Mittal is only 1 percent of her record highs from September 2024.

Radhakishan Damani, who controls the Avenue Supermarts (Dmart); Savitri Jindal, India's richest woman; And Shiv Nadar, founder of HCL Technologies, also recorded a remarkable wealthy. Their net assets rose by 4.8 billion US dollars, 4.6 billion US dollars and 4.5 billion US dollars and achieved $ 31.7 billion, USD $ 36.4 billion or $ 22.8 billion. Damani remains 27 percent below his record high, Jindal is 16 percent away and Nadar is 18 percent behind his climax.

Lakshmi Mittal, Chairman of Arcelormittal, and Uday Kotak, former managing director of Kotak Mahindra Bank, have completely recovered from previous losses. Its net assets are now at record heights of $ 22.8 billion or $ 16.6 billion, which rose to increase 3.7 billion US dollars and 3.1 billion US dollars compared to its lows of $ 19.08 billion and $ 13.5 billion.

Rakesh Gangwal and Rahul Bhatia, co-founder of Interglobe Aviation (parent company of Indigo), have also recovered from their lows in January 2025, whereby the net assets are now approaching around $ 7.1 billion ever. Vikram Lal, founder and former CEO of Eicher Motors, has recovered the lost soil in a similar way and reached a new record. In the meantime, Murali Divi, founder and managing director of Divi Labor, is only 4 percent below his top capacity recorded in December 2024.

On the other hand, several billionaires remain significantly below their record ratings. Pankaj Patel from Zydus Lifesciences and KP Singh from DLF are both 45 percent at their heights of $ 12.3 billion and $ 20.9 billion in August 2024 and April 2024. Cyrus Poonawalla, Chairman of the Serum Institute of India, fell by its climax by 27 percent, while Mangal Prabhat Lodha von Makrotech developers and Nusli Wadia of Britannia Industries are each under her record networks.

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