New Delhi, April 17 -- Gautam Adani surpasses Mukesh Ambani to become Asia's richest person, fueled by gains in Adani Group stock values. Adani's wealth stands at $92.6 billion, while Ambani's is about $90.8 billion, according to the Bloomberg Billionaire Index. Both tycoons are among the top 20 richest people in the world."Mukesh Ambani had long held the position, and now follows closely. While the gap remains narrow, the change highlights the volatile nature of global wealth movements.

Adani's rise has been supported by steady gains in his group's stock performance this year, adding $8.1 billion to his fortune. In contrast, Ambani has faced a decline of $16.9 billion in his net worth over the same period, reflecting mixed trends in Relia...