With a net worth of $ 137.4 billion, Indian billionaire Gautam Adani is now the third-richest businessperson in the world (about Rs 11 lakh crore). He passed French businessman Bernard Arnault to take this job. This marks the first time an Asian has been in the Bloomberg Billionaires Index’s top three.
He is now only ranked after Bezos and Musk. Elon Musk, the founder of Tesla, is ranked first with a net worth of $251 billion, followed by Jeff Bezos with $153 billion. The only other Indian in the top 10 is Adani. Mukesh Ambani, the chairman of Reliance Industries, is ranked 11th with a net worth of $91.9 billion (Rs 7.3 lakh crore).
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Gautam Adani overtook Bill Gates last month:
Adani rose to the fourth-richest businessperson last month. He surpassed Bill Gates. Adani’s net wealth increased by $60.9 billion alone in 2022. This is five times what every businessman makes. In February, he became richer than Mukesh Ambani, chairman of Reliance Industries.
Adani’s net worth was $57 billion in April 2021:
On April 4, Adani became a member of the club of millionaires. Centibillionaires are people whose net wealth is greater than $100 billion. Adani’s net worth was $57 billion in April of 2021. In the fiscal year 2021–2022, Adani’s net worth increased at the quickest rate in the whole globe. Seven firms owned by the Adani Group are publicly traded.
Adani’s cement business too:
The Indian cement division of Holcim had been announced to be purchased by Gautam Adani’s company earlier in May. $10.5 billion was spent on the transaction. The Adani Group quickly climbed to second place in the Indian cement industry as a result of this purchase.
India’s largest private port operator:
The largest private port operator and end-to-end logistics service provider in India is Adani Ports and Special Economic Zone Limited (APSEZ Ltd.). It has developed a portfolio of port infrastructure and services across India in less than two decades. The nation’s port capacity is represented by its 13 well-located ports and terminals, which total 24% of the total.
Adani’s Group Journey:
- Listed in NSC and BSC in 1994 under Rs.150/share
- Started trading from Mudra Port in 1995
- Started a Joint Venture with Wilmar in Singapore in 1996
- 2001 Started City Gas Distribution Business
- 2009 Indonesia’s Banyu mine acquired
- 2010 Australia’s Karmickal mine acquired
- Started manufacturing solar PV panels in 2017
- Fortune emerges as largest food FMCG brand in 2018
- Emerged as the world’s biggest IRM player in 2019
- 2020 entry into airport business
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