Billionaire industrialist Gautam Adani has once again become Asia’s richest person, surpassing Reliance Industries Chairman Mukesh Ambani, according to the latest Bloomberg Billionaires Index. The change at the top reflects ongoing shifts in global wealth rankings amid market volatility and geopolitical tensions.

While Adani’s net worth rose to USD 92.6 billion, placing him 19th in the global rankings, Ambani slipped to the 20th spot with a net worth of USD 90.8 billion, news agency IANS reported.