Two of India’s richest billionaires, Mukesh Ambani and Gautam Adani, have exited Bloomberg's coveted $100 billion club in 2024, marking a challenging year for the industrial giants.

Ambani’s net worth decreased due to the underperformance of energy and retail businesses of the conglomerate, the report mentioned

India’s richest people Mukesh Ambani and Gautam Adani have both dropped out of Bloomberg’s $100 billion club amid business challenges. While Ambani’s Reliance faces slowing growth and rising debt concerns,

While Ambani and Adani continue to dominate India’s corporate landscape, their recent setbacks highlight the volatile nature of global business dynamics and the pressures faced by the country’s leading conglomerates.

India's wealthiest individuals, Mukesh Ambani and Gautam Adani, have recently seen their fortunes dip below $100 billion. Ambani's Reliance faces decl

Gautam Adani and Mukesh Ambani are no longer in the centibillionaires club on Bloomberg’s Billionaire Index.

Reliance Industries, Mukesh Ambani's flagship company, has faced pressure in its core businesses. However, market analysts remain cautiously optimistic.

India's wealthiest billionaires, Mukesh Ambani, Chairman of Reliance Industries, and Gautam Adani, Chairman of the Adani Group, have both exited Bloomberg's $100 billion club for 2024 due to various business challenges, according to the publication.

The duo ranked among India’s wealthiest and some of Asia’s richest individuals, and have been dropped due to various business challenges.

Mukesh Ambani and Gautam Adani, once part of Bloomberg's $100 billion club, have dropped out as their fortunes fell below $100 billion amid business challenges, legal scrutiny, and market setbacks

India's wealthiest tycoons, Mukesh Ambani and Gautam Adani, have recently seen their fortunes dip below $100 billion. While other Indian billionaires thrived, Ambani and Adani faced challenges in their core businesses,