Indian billionaire and Adani Group’s Chairperson Gautam Adani has seen his wealth soar to make him the second richest man in all of India, with a net worth that is valued at $155.7 billion as per Forbes real-time billionaires list on September 16th, 2022 up by nearly 5%.
Indian mining tycoon Adani has overtaken Amazon’s Jeff Bezos to secure the second richest spot, and now trails Tesla’s Elon Musk who remains the world’s wealthiest man with $273.5 billion net worth per Forbes’ real-time data!
Adani Group Hit His Record
The Chairman of the Adani Group hit his record high this morning, with stocks for both Adani Enterprises and Port going up to new all-time highs on Friday. This has led BSE’s real-time net worth into a surge as well!
The rise of Adani has been nothing short of breathtaking. He first overtook Mukesh Ambani as the wealthiest Asian in February, became a centi -billionaire just months later, and surpassed Microsoft Corp’s Bill Gates to become the only fourth-richest person on earth last month!
India’s largest Infrastructure
India’s largest infrastructure provider, coal producer, and trader Gautam Adani is 60 years old.
The founder of the Ahmedabad-based group has interests in various industries including power generation transmission, real estate as well as port operations which makes him one of the most powerful man in India!
He made a big entry into the cement market when he won over Swiss giant Holcim’s Indian business for $10.5 billion in May 2022. The Adani Group wants to be the world’s largest producer of green energy and it will invest up $70 billion in renewable projects. They’ve also increased their charitable giving, pledging 6% (or 7%) out of this year’s earnings for social causes as a way of marking his 60th birthday celebration
Natural Resources Management
Gautam Adani is a business wizard with his hands in every major Indian industry. He owns 75% stakes in two companies – both related to electricity and natural resources management,
as well as other investments such as port development projects or green energy firms that produce solar power plants too!
