In recent years, the Adani group, a conglomerate with businesses in sectors such as energy, port and maritime transportation, mining and edible oil, has grown dramatically in value, propelling Gautam Adani to the world’s sixth-richest person with a net worth of $118 billion. This has been fueled by a meteoric rise in the value of the Adani group’s publicly traded stocks. According to the Bloomberg Billionaires Index, the 59-year-old entrepreneur has surpassed Google’s legendary co-founders Larry Page and Sergey Brin in terms of wealth.
Gautam Adani now 6th richest person in world, $20.6 billion richer
Important to note in this context is that Adani’s net worth increased by $8.57 billion, or approximately Rs 65,091 crore, on Monday, owing to an increase in the share prices of Adani Green Energy, Adani Enterprises, Adani Gas, and Adani Transmission on the New York Stock Exchange. The shares of Adani Group rose by as much as 16 percent on Monday, despite the fact that the country’s benchmark indices finished the day with losses.
Adani Green Energy enters the list of the top ten most valuable companies on the Bombay Stock Exchange, replacing Bharti Airtel.
Continew reading: Gautam Adani Is Now the World’s Sixth Richest PersonGautam Adani Is Now the World’s Sixth Richest Person