Gautam Adani replaces Ambani to become wealthiest Indian with networth of Rs 11.6 lakh cr
Mumbai: Recouping the dent caused by the Hindenburg Research report, Gautam Adani's networth shot up 95 per cent to Rs 11.6 lakh crore last year, which helped him replace Mukesh Ambani to become the richest Indian, a report said on Thursday.
Reliance Industries Chairman and Managing Director Ambani's overall networth increased by 25 per cent to Rs 10.14 lakh crore, as per the 2024 Hurun India Rich List.
In 2023's report, Adani's wealth declined by 57 per cent to Rs 4.74 lakh crore, and Ambani was way ahead with a fortune of Rs 8.08 lakh crore.
It can be noted that Adani's networth declined sharply following various allegations levelled by US-based short seller Hindenburg Research. The conglomerate has denied all the allegations.
In the 2014 edition, Hurun had pegged Adani's fortunes at Rs 44,000 crore, which made him the tenth richest Indian then.
Shiv Nadar and family of HCL gained one spot to be the third richest with a networth of Rs 3.14 lakh crore, while Serum Institute of India's Cyrus Poonawalla slipped by one notch to the fourth position with a networth of Rs 2.89 lakh crore in 2024.
Sun Pharmaceuticals' Dilip Shanghvi continued his ascent on the list, securing the fifth richest tag against sixth last year with a networth of Rs 2.50 lakh crore.
Radha Vembu of Zoho was the wealthiest among self-made women with a fortune of Rs 47,500 crore, while Zepto's co-founders Kaivalya Vohra and Aadit Palicha, who are in their early 20s, were the youngest on the list with a networth of Rs 3,600 crore and Rs 4,300 crore, respectively.
The list, which captures Indians having a networth of over Rs 1,000 crore, grew by 220 individuals to 1,539 people in 2024. The cumulative wealth has seen a 46 per cent jump in the year.
Actor Shah Rukh Khan made his debut on the list with a fortune estimated at Rs 7,300 crore, which was much higher than business partner Juhi Chawla with Rs 4,600 crore networth secured second place among the entertainers.
Interestingly, 16 professionals also made it to the list with Arista Networks' chief executive Jayshree Ullal being the wealthiest at Rs 32,100 crore and followed by D-mart chief executive Ignatius Navil Noronha at Rs 6,900 crore, according to the list.
Gera Developments' Kumar Pritamdas Gera's wealth grew the fastest at 566 per cent in the 2024 list, while Ambani and Adani had the biggest growth by quantum, the list said.
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President Trump in 'freefall', says fan-turned-critic podcaster Alex Jones
'Advises' Republicans to stay away from Trump while campaigning for midterm polls
Washington DC: Podcaster Alex Jones has reportedly claimed in his programme, 'The Alex Jones Show', that US President Donald Trump was in 'freefall', suggesting that it was best for Republican candidates to distance themselves from the President while campaigning for the upcoming midterm polls.
According to US media agencies, Jones, who was identified as a strong supporter of the President during his first term but a major critic of Trump in the recent months. He has reportedly criticized all of Trump's moves, from the attacks on Rep. Marjorie Taylor Greene to the President's health, not to mention the government's handling of the documents relating to convicted sex offender Jeffrey Epstein.
On the Tuesday edition of his show, Jones was found to be all the more vehement in his criticism of Trump, and was heard opining that the President looked sick. “When your ankles swell up three times the size they were before, that means heart failure. And he does look sick. And he does babble and, you know, sound like the brain’s not doing too hot,” said Jones. “And so we just cut bait on Trump, and we just mobilize against the Democrats.”
The podcaster also spoke about his father’s decline due to dementia, adding that Trump too was deteriorating in a similar manner and advising the President to take a holiday.
“Not the man he was that last year. And that– we need to be sad about Trump. This is not funny. This is not good. But he’s gone. And that’s it,” said Jones. “And all the people rallied around him, you can see, [Pete] Hegseth’s freaked out. You can see, the press secretary’s freaked out. They’re being loyal. They think it’s a lesser of two evils. And I, okay, but I just– Trump needs intervention. He needs to take some time off.”
Referring to the approval rate of merely 33 per cent for the President during the new election from the University of Massachusetts Amherst, the podcaster pointed out that Trump's popularity had fallen from 56 per cent and advised Republicans to keep away from Trump.
As reported by The Independent, the White House firmly denied in an official statement that Jones' claim that the President's health condition was waning.
“This is a complete b****t story that’s being desperately told to boost podcast views,” spokesperson Davis Ingle said. “The truth is that President Trump is the sharpest and most accessible President in American history who is working nonstop to solve problems and deliver on his promises, and he remains in excellent health.”
The post Alex Jones Says It’s Time to ‘Cut Bait on Trump’ Because the President ‘Is in Free Fall’ is reported to have first appeared on Mediaite.
