Reliance Industries Chairman Mukesh Ambani has reclaimed the title of Asia's richest person after his net worth surged by $8 billion, or 10.02%, taking his total wealth to $88.3 billion, according to the Forbes Real-Time Billionaires List.The sharp rise in Ambani's wealth comes as Reliance Industries shares recorded their biggest single-day gain since 2020, following the listing of Jio Platforms. The rally also lifted Ambani to the second spot among the world's biggest wealth gainers on the day.Ambani is now ahead of Zhang Yiming, founder of ByteDance, whose net worth stood at $84 billion.

Adani Group chairman Gautam Adani ranked third among Asia's richest, with a wealth of $79.1 billion, according to the Forbes list.The latest rankings put Ambani ahead of Yiming by $4.3 billion and Adani by $9.2 billion. WHO ARE THE WORLD'S RICHEST PEOPLE?Tesla and SpaceX chief Elon Musk continued to hold the top position in the global billionaire rankings, with an estimated net worth of $878.5 billion.Amazon founder Jeff Bezos was ranked second, with a wealth of $366 billion, followed by Google's Larry Page at $232.3 billion.

Dell Technologies founder Michael Dell occupied the fourth position with $218.5 billion, while Google's Sergey Brin was fifth with $213.9 billion.Meta CEO Mark Zuckerberg ranked sixth with a net worth of $208.6 billion. Nvidia chief Jensen Huang was seventh with $175.3 billion, while Oracle co-founder Larry Ellison was eighth with $159.7 billion.AMBANI AMONG WORLD'S BIGGEST WEALTH GAINERSAmbani was the second-biggest wealth gainer globally on the day, adding $8 billion to his net worth, according to the Forbes Real-Time Billionaires List.Musk topped the daily gainers' list, with his wealth increasing by $10 billion, or 1.15%.

Ambani followed with a 10.02% rise, while Bezos was third after adding $4.7 billion, or 1.29%, to his fortune.Rob Walton and family and Jim Walton and family were also among the biggest gainers, adding $3.8 billion each. Their wealth rose by 2.58% and 2.63%, respectively.LARRY ELLISON TOPS BIGGEST LOSERS' LISTWhile Ambani and other billionaires saw their wealth rise, Oracle co-founder Larry Ellison recorded the biggest decline in net worth on the day.Ellison's wealth fell by $11.9 billion, or 6.91%, according to the Forbes list.

Michael Dell was the second-biggest loser, with his net worth declining by $9.9 billion, or 4.34%.Microsoft co-founder Steve Ballmer lost $3.7 billion, or 2.31%, while Chen Tianshi saw a decline of $2.9 billion, or 12.15%. Zuckerberg's wealth fell by $2.8 billion, or 1.32%.The latest movement in the rankings highlights the sharp impact of stock market rallies and declines on billionaire wealth.

Ambani's rise, in particular, follows the strong performance of Reliance Industries shares, which has pushed him back to the top of Asia's wealth rankings.- Ends