Ambani or Adani: Who’s winning the race to become Asia’s richest billionaire?

The race between India’s two top billionaires, Gautam Adani and Reliance Industries’ (RIL) Mukesh Ambani, to become the richest Asian has confounded observers.

While Mukesh Ambani leads most of the time, the Adani Group chairman yesterday (April 4) became the only Indian among the world’s top 10 richest men.

The Adani Group is India’s largest closely-held thermal coal producer and coal trader. It is also the country’s largest port operator. As of March 31, 2022, the conglomerate reported total revenue of $5.3 billion.

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