Rich & Famous: According to the Forbes Real-Time Billionaires index, GautamAdani has replaced MukeshAmbani to become the richest man in Asia. With this, he automatically became India’s richest person. He added $55 billion to his wealth in 2021 compared to the $14.3 billion added by MukeshAmbani.
GautamAdani with a fortune of $88.8 billion was trailing behind MukeshAmbani by $2.2 billion whose net worth was $91 billion, according to Bloomberg Billionaire Index. He, however, surpassed Ambani due to the escalation in shares of his listed group firms and the fall of Reliance Industries shares.
In the last 20 months, the net worth of Adani saw a sharp spike of over 180%– whopping $83.89 billion– while Ambani’s net worth increased by 250% i.e., $54.7 billion. Currently, the net worth of Adani is $90.4 billion while that of Ambani is $89.8 billion. Ambani’s fall came after the $15 billion O2C deal with Saudi Aramco was scrapped. At the same time, Adani Port and SEZ shares, and Adani Power shares saw a huge rise.
The Adani Group currently operates a large number of companies including Adani Enterprises, Adani Green Energy, Adani Ports & SEZ, Adani Transmission, Adani Total Gas, and Adani Power. The total market capitalization of the listed Adani Group firms is fixed at Rs. 10 trillion to that of Reliance Industries’ market capitalisation of Rs. 14.91 trillion, but GautamAdani’s higher promoter holding in his listed group firms makes him richer than MukeshAmbani.
GautamAdani has also surpassed the richest woman in the world, Francoise Bettencourt Meyers. At present, the net worth of Francoise Bettencourt Meyers and Family is $83.2 billion, according to the Forbes Real-Time Billionaires index.
Here are the top 10 India’s richest persons:
- Shiv Nadar
- Lakshmi Mittal
- Savitri Jindal
- Kumar Birla
- Cyrus Poonawalla
- Sunil Mittal