The country’s General Budget (Union Budget 2024) has been presented and the effect of the announcements made by Finance Minister Nirmala Sitharaman was visible on the stock market throughout the day on Tuesday. Meanwhile, many shares were seen crashing, while some shares were seen rising strongly. Due to this, there has been a change in the net worth of the country’s top-10 billionaires (India’s Top-10 Billionaires). On one hand, the wealth of Asia’s richest Mukesh Ambani decreased, while on the other hand, the net worth of Gautam Adani increased significantly.
Decline in Mukesh Ambani’s net worth
Amidst the turmoil in the stock market on the day of Budget, the shares of Mukesh Ambani’s company Reliance Industries were seen trading at the red mark. However, on Wednesday it is trading at Rs 2990.80 with a slight rise. But the decline that occurred on the last trading day has affected Mukesh Ambani’s net worth and it has reduced. According to Bloomberg Billionaires Index, Mukesh Ambani Net Worth has decreased by $ 1.10 billion or Rs 9206 crore in the last 24 hours. Due to this it has reduced to 112 billion dollars.
Gautam Adani benefits so much
Adani Group Chairman Gautam Adani, who maintained his dominance along with Mukesh Ambani among the richest people in the world, has benefited after the budget. Gautam Adani Net Worth has increased by 724 million dollars in just one day and if we look at it in Indian currency, Adani has made a profit of about Rs 6000 crore. After this his wealth has increased to 102 billion dollars. On the day of the budget, there was a rise in the shares of companies listed in the stock market of Adani Group. Talking about Wednesday, most of the Adani Stocks are seen in the green.
These Indian billionaires also get profit
While Ambani, included in the list of the country’s richest people, has suffered losses, Adani has made profits. At the same time, the net worth of Shapoor Mistry, who is included in the top-10 list, has increased by 219 million dollars (about Rs 1832 crore). HCL’s Shiv Nadar has gained $409 million (about Rs 3,423 crore), the country’s richest woman Savitri Jindal has gained $10.5 million (about Rs 87 crore).
Dilip Sanghvi’s net worth has increased by $ 264 million (about Rs 2,209 crore), while D-Mart’s Radhakishan Damani’s net worth has increased by $ 234 million (about Rs 1998 crore). Apart from this, the net worth of Wipro founder Azim Premji has decreased. They have suffered a loss of 123 million dollars (about Rs 1029 crore).