Gautam Adani, with $67 billion, is Asia’s 2nd richest
MUMBAI: Gautam Adani, the chief of the infrastructure-to-renewable energy conglomerate and the second-richest Indian, is now the second-richest Asian too, behind Reliance Group’s Mukesh Ambani. On Thursday, Adani went past Zhong Shanshan, the head of a China-based beverages-to-pharma conglomerate. Globally, Ambani is the 13th richest, while Adani is at the 14th place.
As of Thursday, Adani’s total net worth was $66.5 billion compared to Zhong Shanshan’s $63.6 billion and Ambani’s $76.5 billion, according to Bloomberg Billionaires Index. Adani’s wealth has surged by $32.7 billion this year, while Ambani has lost $175.5 million, a report by Bloomberg said.
Adani’s meteoric rise in fortunes happened in the last one year since May 2020, as the stock price of each of the group’s six listed companies have galloped northward, BSE data showed.
From about $20 billion at the start of May last year, the Adani Group’s aggregate market capitalisation is now nearly $115 billion — a rise of nearly six times. In comparison, the Reliance Group’s aggregate market cap has moved up from nearly $125 billion to a little over $178 billion now.
In the last one year, the stock of Adani Total Gas has rallied 1,145%, the most among all the six group companies. In addition, Adani Enterprises has jumped 827%, Adani Transmission 617%, Adani Green Energy 433% and Adani Power 189%. The least of the gains was recorded in Adani Power stock that has rallied 142%.
Thanks to our beloved PM of Gujarat
All credit goes to Namo
Modi is great! When Modi came to power Adani was 6000 crores worth! Today 67 billion dollars! Wow! People are loosing wealth and it's going to Ambani and Adani! Virtually all ports, airports, power generation units will have the name of Adani by 2024!!!
this is india A chai w can make a normal man billionere
Madan Badri N
Adani and Ambani are like pension funds for our PM. After 2024 he will need caretakers like these.
All credits go to PM and HM
Now starts the Modi abusing....thanks to paid congressi trolls.
Modi he to Mumkin he. BJP is killing buiseness after buiseness to make these guys rich.
This guy is de facto adopted child of feku.
When u sell your whole country to only two people....
Why is Supreme. Court & Lok ayukta nit investigating this crooked man and his links to Feku, Takluand BJP??. How in the world can your wealth increase by 50% in one year??
what's wrong in this, he has ability and capabilities, he is employing more than 40k people in this country...
Perks of buying the PM
Say at least thanks to BJP on your elevation, pushing down all others. Mr Adani please take care of funding the BJP - your mentor.
BJP has spent more than 2000 crores in the recent Bengal ion with 20 helicopters on duty for 2 months and hundreds of Chartered flights from all over India & mostly between Kolkara & Delhi.Who gave the money ?
Adani drinks lots of tea. He buys his tea from a special tea seller. He pays 2Cr for each cup of tea and in return gets 20Cr worth of tea plantations.
People need to change their mindset.. if you have the will you can do it... don't drag Modi into everything.. Anil Ambani failed as he has no vision
Binod Kumar Acharya
2025 he will be in UK
Indians are getting rich!
Thanks to your Godfather who has already given half of India to you.