Adani Group’s Chairman, Gautam Adani has added maximum wealth to all rich Indians this year. in wealth addition of Mukesh Ambani, Asia’s richest man and the chairman of Reliance Industries, he has pipped.
According to the Bloomberg Billionaire Index, Gautam Adani’s wealth has increased by $19.1 billion this year, more than the $16.4 billion made by Mukesh Ambani so far in 2020. In terms of the rupee, Adani has been added about Rs 449 crore per day, and in the first 10-and-a-half months of 2020 about Rs 1.41 lakh crore in its assets. ahead of Steve Ballmer, Larry Page, and Bill Gates, Adani is the ninth-biggest wealth creator in the world.
Adani has become the 40th richest person in the world as his wealth increased to $30.4 billion this year. Meanwhile, after adding $16.4 billion this year, Mukesh Ambani’s total wealth now stands at $75 billion. according to the Bloomberg Billionaires Index, He is now the 10th richest person in the world. Meanwhile, Tesla’s Elon Musk has increased his fortune from $92 billion so far in 2020 to $120 billion, the highest increase in his wealth in the world. The fortunes of Jeff Bezos (Amazon) and Zhong Shans (Nongfu Spring) have increased by $68 billion and $57 billion, respectively.
Adani’s assets have been made possible by the rise in share prices of Adani Green, Adani Enterprise, Adani Gas, and Adani Transmission this year. Shares of Adani Green Energy have risen 551% in 2020, while shares of Adani Gas and Adani Enterprise have risen 103% and 85%, respectively. During this period, Adani Transmission and Adani Ports have increased by 38% and 4% respectively, while Adani Power has declined by 38%.
Gautam Adani has started as a commodity trader at the age of 32 in 1988, now owns ports, gas distribution, energy, resources, airports, agriculture, real estate, financial services, logistics, and defense businesses.