Gautam Adani defeats Mukesh Ambani, Elon Musk of SpaceX, and Jeff Bezos of Amazon! Gautam Adani, a top businessman and one of India's wealthiest people, amassed more money than anybody else in the world in the previous year.
According to Bloomberg, this means that Gautam Adani, the Chairman of Adani Group, has more money than Elon Musk, the founder and CEO of SpaceX, Jeff Bezos, the CEO of Amazon, and Mukesh Ambani, the richest individual in Asia.
If we look at Adani's fortune, we can see that his bank account grew from USD16.2 billion to USD50 billion in 2021. Within a year, the economy grew by nearly USD34 billion. Mukesh Ambani amassed USD8.1 billion in the same time span. Notably, both Jeff Bezos and Elon Musk are competing for the title of World's Richest Person. Adani has also outperformed Bezos and Musk in terms of progress.
This comes after most Adani stock prices increased by about 50%. A few have even regained more than 90% of their worth. Adani Companies has increased by 90%, Adani Complete Gas Ltd has increased by 96%, Adani Transmission has increased by 79 per cent, and Adani Ports and Special Economic Zones Ltd. has increased by more than 52%. Adani Green Energy Ltd saw a 12% increase in revenue. The entity, on the other hand, saw a 500% increase in the previous year.
As per Bloomberg, this year, Adani Total Gas Ltd. has increased by 96%, while Adani Enterprises has increased by 90%. The stock of Adani Transmission Ltd. has increased by 79 per cent. This year, Adani Power Ltd. and Adani Ports and Special Economic Zones Ltd. have risen by more than 52%. Adani Green Energy Ltd. is up 12% so far this year after rising over 500% last year.
