Mumbai Surpassed Beijing To Become Asia’s Billionaire Capital: In World’s Top Three | Personal Finance News


New Delhi: The Hurun Global Rich List for 2024, released on Tuesday, revealed shifts in the wealth landscape, with Indian tycoon Gautam Adani making headlines for his remarkable gain. Gautam Adani, founder of the Adani Group, saw a staggering surge in wealth, propelling him to the 15th spot in the global rankings.

Gautam Adani, aged 61, leading the Adani Group energy conglomerate, witnessed a surge in wealth, amounting to USD 33 billion this year.  (Also Read: Rupee Recovers From All-Time Low Level; Rises 29 Paise To 83.32 Against US Dollar)

With a net worth of USD 86 billion, Adani climbed the global rankings to the 15th position. The surge in Adani’s wealth is attributed to a rally in his companies’ shares following a Supreme Court verdict related to issues raised in the Hindenburg report. The Hurun Global Rich List 2024 showcases robust growth in billionaire numbers worldwide, with a total of 167 new billionaires added, bringing the global tally to 3,279 individuals. (Also Read: Bharti Hexacom IPO: Here Are 10 Key Points You Want To Know)

Notably, over half of all new wealth generated is attributed to advancements in artificial intelligence (AI). The United States added 109 billionaires, maintaining its lead with a total of 800 billionaires, while China, despite a decline of 155 billionaires, retained its position as the world’s leader with 814 billionaires.

Elon Musk, the visionary behind Tesla, reclaimed his title as the world’s richest person for the third time in four years, with a staggering net worth of USD 231 billion, driven by a surge in Tesla shares. Jeff Bezos of Amazon rose two places to second place, amassing a wealth increase of 57 percent to reach USD 185 billion.

Bernard Arnault, last year’s number one, slipped to third place, with a decrease in wealth to USD 175 billion.India witnessed a significant rise in its billionaire population, ranking third globally with 271 billionaires, marking an addition of 84 individuals, the second-highest rise after the United States.

Mumbai surpassed Beijing to become Asia’s billionaire capital for the first time, breaking into the world’s top three.The release of the Hurun Global Rich List 2024 underscores the dynamic nature of global wealth distribution. 

What are the characteristics and temperament of large Japanese dog breeds?

Leave a Comment