The richest people in India have become richer during the Corona period.

Mukesh Ambani's wealth has increased by 15 billion dollars.

While the economic downturn caused by the coronavirus has pushed a large number of people in India into poverty, the opposite has happened to the country's billionaires.

While many Indians are struggling to make a living during the epidemic, the super-rich has become richer and more influential. Collectively, their wealth has grown by several billion dollars over the past year.

According to the Bloomberg Billionaires Index, CNN reports that Mukesh Ambani, chairman of Reliance Industries, has a net worth of 60 billion, up 15 billion a year. Adani Group founder Gautam Adani is not far behind. Its assets have risen to 55 billion.

These two millionaires are currently the first and fourth richest people in Asia respectively. Their wealth exceeds the GDP of some countries. CNN cites the growing wealth gap between rich and poor around the world as an example of the wealth gap between these rich Indians and other Indians.

According to the media, Ambani has topped the list of richest people in Asia, leaving behind many Chinese millionaires throughout most of the epidemic. He is currently the 12th richest person in the world. In 2020, his company made billions of dollars from tech giants such as Google and Facebook.

Adani was not sitting at that time. The industrial group he owns controls everything from ports and aerospace to the Tapi Power and Coal Company. Like Reliance, Adani Group has also made huge profits in the Indian stock market during the epidemic.

According to Sourav Mukherjee, founder of Marcellus Investment Manager, the absolute dominance of Ambani and Adani is not surprising. He noted that almost every major sector in India is now controlled by one or two strong corporate entities.

"India has now reached a stage where 90 percent of profits are in the hands of the top 15 business groups," Sourav told CNN.

In contrast, the picture of the economic condition of the common people of India during the Corona period is at once different. Various studies, including those conducted by the Pew Research Center and Azim Premji University in Karnataka, have found evidence of an increase in poverty in India due to the epidemic. As a result, the inequality between the two classes has increased a lot.

According to a report by Credit Suisse published in June, by the end of 2020, the wealth of India's top one percent has increased by 40.5 percent. The Gini coefficient, a method of measuring inequality in the distribution of income and wealth, has increased from 84.8 in 2000 to 72.3 last year.