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Rephrase the title:Former Richest Asian Gautam Adani Enters The $100 Billion Club Again After Losing Half Net Worth In 2023

Posted on February 10, 2024 By Haley Bennett

Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:

On Bloomberg’s Billionaires Index, Indian port-to-power tycoon Gautam Adani momentarily entered the US$100 billion club.

#BTBazaar | Business Today now available in Hindi!

100 Billion Dollar Club में Ambani-Adani कितने नंबर पर ?

Track this and more updates from the world of business, stock markets, personal finance and more on BT बाज़ार https://t.co/7ybrDGeoBT

— Business Today (@business_today) February 8, 2024

However, at press, his net worth has subsided to $99.1 billion. The industrialist had lost half his net worth with an over $100 billion loss amid the Hindenburg allegations in January 2023, which led Mukesh Ambani to pip him to regain India and Asia’s richest title. Adani made a strong recovery following the fallout, backed by investors in India and abroad, even as questions demanding inquiry over his connection with Modi led to the expulsion of opposition leaders Rahul Gandhi and Mahua Mitra. Gandhi lost his government bungalow too, following the contentious order. The Congress leader was finally reinstated, even though TMC’s Mitra still remained suspended. The suspension seems like the new MO of the center’s endeavor to curb opposition voices. During the winter session of the parliament in December 2023, a total of 146 opposition MPs were suspended for holding a protest over a security breach. Meanwhile, Mr. Adani continues to grow in his net worth, closing in on Reliance boss Mukesh Ambani. On Bloomberg’s index, Ambani ranks 11th with a net worth of $108 billion. Ambani re-entered the $100 billion club on January 12, 2023. Adani, in the 13th position, is a few billion dollars away from reclaiming his title.

On the Forbes Real Time Billionaires Index, the gap is quite glaring. Ambani, at 11th position, is comfortably ahead of Adani, with a net worth of $113.0 billion, while Adani, at 16th, has a net worth of $82.3 billion.

Will Adani overtake Ambani again?

See Also: Reliance Boss Mukesh Ambani Claims The Richest Asian Title From Adani Again; Enters $100 Billion Club

See Also: Mukesh Ambani Overtakes Gautam Adani To Become The Richest Asian After Hindenburg Debacle

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See Also: Adani Group Enters Into A No-Poaching Agreement With Mukesh Ambani’s Reliance Industries; Here’s What It Means

Haley Bennett

I have over 10 years of experience in the cryptocurrency industry and I have been on the list of the top authors on LinkedIn for the past 5 years. I have a wealth of knowledge to share with my readers, and my goal is to help them navigate the ever-changing world of cryptocurrencies.

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