Gautam Adani made India proud, even Tata and Ambani could not do this feat
According to the Bloomberg Billionaires Index, which ranks the world’s 500 richest people, in the year 2022, Adani’s net worth has seen an increase of more than $ 49 billion. At the bottom of the list is Tesla CEO Elon Musk, whose net worth has seen a decline of more than $ 115 billion.
Image Credit source: TV9 Bharatvarsh
Adani Group Billionaire Gautam Adani due to tremendous jump in shares of (Gautam Adani) Not only ending the year as the third richest person in the world, but also becoming the top gainer in 2022 by earning more than any other billionaire in the world. The surprising thing is that neither the chairman of Reliance Mukesh Ambani nor this feat (Mukesh Ambani) Couldn’t and neither Ratan Tata, the owner of the country’s largest conglomerate Ratan Tata have been able to Let us also tell you how much Gautam Adani’s net worth has increased among the billionaires of the world.
Adani became the world’s biggest gainer
According to the Bloomberg Billionaires Index, which ranks the world’s 500 richest people, in the year 2022, Adani’s net worth has seen an increase of more than $ 49 billion. At the bottom of the list is Tesla CEO Elon Musk, whose net worth has seen a decline of more than $ 115 billion. With an estimated net worth of $126 billion, 60-year-old Ahmedabad-based industrialist Adani is behind Musk ($155 billion) and French luxury retail king Bernard Arnault ($162 billion) in the rich list.
India’s busiest dealmaker
Adani, now the busiest dealmaker in Asia, has made recent acquisitions in industries such as media and cement. The Coal to Edible Oils Group is now in the final stages of completing the acquisition of media broadcaster NDTV. Earlier this year he bought Ambuja Cement and ACC and became India’s second largest cement producer.
made investors rich
Adani Group shares have given excellent returns to investors this year, with four out of seven group stocks giving multibagger returns of up to 200 per cent. In the last one year, the total market cap of the group has also almost doubled to Rs 18.6 lakh crore in mid-December as compared to Rs 9.6 lakh crore in 2021.
Which company of the group gave how much return in the year 2022
name of the company | Return (in %) |
Adani Enterprises | 139.28 |
Adani Port and SEZ | 19.02 |
Adani Power | 198.42 |
Adani Transmission | 53.43 |
Adani Green Energy | 51.07 |
Adani Total | 107.83 |
Adani Wilmar | 131.05 |
This is how the journey started
The Gujarati business tycoon, who dropped out of a college in south Mumbai in 1978, started his journey as a small diamond merchant in Dhanji Street before starting Adani Exports, which was later relaunched as Adani Enterprises .