The Hurun Rich List of 2024 once again brought India's richest people, Gautam Adani and Mukesh Ambani face to face each other. However, this time around, the founder and chairman of Adani Group, Gautam Adani went ahead of his constant opponent and chairman of Reliance Industries Limited, Mukesh Ambani. According to the Hurun Rich List of 2024, Gautam Adani and family have an estimated net worth of 11.6 lakh crore, while Mukesh Ambani and family have 10.14 lakh crore.
Time and again, we have seen them replacing each other to attain the title of 'India's richest person' due to the massive fluctuations in their wealth. For instance, back in 2023, after the Hindenburg Research controversy, Indian billionaire, Gautam Adani saw a massive decline in his wealth. Adani's wealth registered a sudden loss of 57 per cent to Rs. 4.74 lakh crore. At that time, Reliance Industries Limited's chairman, Mukesh Ambani was way ahead of his competitor with an estimated net worth of Rs. 8.08 lakh crore.
Gautam Adani is the founder and chairman of the Adani Group, which is among India's biggest conglomerates. Talking about his educational background, he completed his schooling from Ahmedabad's Sheth Chimanlal Nagindas Vidyalaya. For graduation, he enrolled at Gujarat University for a bachelor's degree in commerce. However, he dropped out of college in the second year to pursue his goal of becoming an entrepreneur. From working as a diamond sorter for Mahendra Brothers to founding his own company, Adani Group, in 1988, Gautam Adani came a long way.
On the contrary, if we talk about Mukesh Ambani's educational qualifications, he studied at Mumbai's Hill Grange High School. After completing his secondary schooling, he was admitted to St. Xavier's College and also received a degree in chemical engineering from the prestigious Institute of Chemical Technology. Mukesh Ambani went to Stanford University to pursue an MBA degree but left it mid-way after his father, Dhirubhai Ambani told him to help him in their company, Reliance Industries. Fast forward to 2024, and Reliance Industries is now among India's biggest conglomerates.
Moving on to the personal lives of India's biggest billionaires, Gautam Adani and Mukesh Ambani, we will put the spotlight on their daughters-in-law. Despite being the bahus of such affluent families, it's remarkable the way Gautam Adani and Mukesh Ambani's respective bahus have managed to create their own identity. Starting with Mukesh Ambani's bahus, Shloka Mehta (Akash Ambani's wife) is the director of Rosy Blue India and is renowned for her philanthropic activities. Mukesh Ambani's younger daughter-in-law, Radhika Merchant (Anant Ambani's wife), is among the directors of Encore Healthcare.
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Talking about Gautam Adani's daughter-in-law, Paridhi Shroff is an esteemed lawyer by profession. After working as a senior associate at her father's company, Cyril Amarchand Mangaldas for some years, she was promoted to the position of Principal associate. In the following years, she started handling the Ahmedabad branch of Cyril Amarchand Mangaldas.
Indian billionaire Mukesh Ambani has three in-laws, all of whom are among the country's most recognised business tycoons. Starting with his daughter, Isha Ambani's father-in-law, Ajay Piramal, who is the chairman of Piramal Group, his conglomerate deals in multiple sectors, such as financial services, pharmaceuticals, and healthcare. As per multiple reports, Ajay Piramal's estimated net worth is around Rs. 25,000 crore.
Mukesh Ambani's next samdhi is Russell Mehta, the father of his daughter-in-law, Shloka Mehta. For the uninitiated, Russell Mehta is the managing director of Rosy Blue, one of the world's biggest diamond trading companies. Apart from diamond trading, Russell has extended his participation in different sectors like real estate, media, retail, and many more. As of now, his estimated net worth is around Rs. 3,000 crore.
Mukesh Ambani's third samdhi is none other than Viren Merchant, who is Radhika Merchant's father. Not everyone is aware of the fact that Anant Ambani's father-in-law is the CEO of Encore Healthcare Private Limited, which has multiple wings, such as Encore Natural Polymers Private Limited, Encore Business Centre Private Limited, Encore Polyfrac Products Private Limited, ZYG Pharma Private Limited, and Saidarshan Business Centres Private Limited. Viren Merchant's estimated wealth is around Rs. 755 crore.
As of now, Gautam Adani has only one samdhi, Cyril Shroff, who is the father of Karan Adani's wife, Paridhi Shroff Adani. For the uninitiated, Cyril Shroff is one of the biggest corporate lawyers in India. He is the man behind India's largest full-service law firm, Cyril Amarchand Mangaldas (CAM). Courtesy of his exceptional work as a corporate lawyer, he is, in many people's opinion, 'The M&A King of India'. Mukesh Ambani and Gautam Adani are blessed to have such talented daughters-in-law and esteemed billionaires as their in-laws. We hope they continue to thrive in their respective journeys.
What are your thoughts on Gautam Adani and Mukesh Ambani's respective bahus and samdhis? Let us know.
Also Read: Hurun Rich List: Comparing Wealth Of Gautam Adani And Mukesh Ambani's Stunning Wives, Priti And Nita
