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India’s Ambani, Adani Gain $1.3 Billion in a Day on Modi Win

Mukesh Ambani, India’s richest man, added almost $1 billion to his wealth while Gautam Adani gained $400 million as early vote counting showed Narendra Modi’s opposition bloc is set for the biggest election win in 30 years.

Ambani, chairman of Reliance Industries Ltd., has added $6 billion to his fortune since Sept. 13, when Modi, the chief minister of India’s western state of Gujarat, was named prime ministerial candidate, according to the Bloomberg Billionaires Index. Ambani, 57, has a net worth of $25.8 billion at the close in Mumbai. The wealth of Adani, who runs Gujarat’s biggest port, quadrupled to $7.6 billion, from $1.9 billion on Sept. 13.