New Delhi, April 17 -- Billionaire Gautam Adani, founder and chairman of the Adani Group, has now become the richest person in Asia with a net worth of $92.6 billion, according to the Bloomberg Billionaires Index.

Adani, who became the richest Asian on Friday, ranks at the 19th spot on the world's richest list. He has surpassed Mukesh Ambani, chairman and managing director of Reliance Industries, who is now the second-richest person in Asia and the 20th-richest worldwide. Ambani's net worth as of 17 April was $90.8 billion.

It is worth noting that these rankings often change, as wealth figures are based on a company's stock prices and business performance.

The development comes on the back of gains in Adani Group stock values. Accordin...