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This Will Fundamentally Change the Way You Look at Gautam Adani Net worth

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Recently Gautam Adani Becomes 14th Richest Person in the World and Second Richest in the Asian continent. This year, Gautam Adani’s net worth has risen by 100% and $33.8 billion. You can now proudly say that the top two people in the list of richest Asian persons are occupied by Indians.

The story

Indian Business magnate Gautam Adani is a founder and promoter of Adani Group. Recently he replaced Chinese bottled water billionaire Zhong Shanshan and became the world’s 14th richest person and second richest in Asia. (Source)

Gautam Adani’s net worth has grown so fast in recent, especially after the blockbuster performance of Adani Green. Adani greens are Adani Group’s renewable energy company on Indian fellowship.

Gautam Adani’s other companies like Adani Enterprises, Adani Gas and Adani Transmission have also performed really well this year. In the midst of the pandemic, Adani’s net worth grew by $32.7 billion in 2020.

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Gautam Adani net worth
Gautam Adani

Adani conglomerate

In the past year, Adani Group’s share prices hiked rapidly. The share value of Adani Transmission and Adani Enterprises has risen by 617% and 827%, respectively. Not only this, but Adani Gas has also jumped by 1,145% in price last year.

Today Gautam Adani’s, net worth is $67.8 billion and he is in 2nd position after Mukesh Ambani in India. Mukesh Ambani, the Chairman and Managing Director of Reliance Industries has a net worth of $76.3 billion.

Adani Enterprises which is Adani group’s listed trading house that recently reported total revenue of $6.1 billion on March 31, 2020.

For making stronger their ports business, Adani Ports recently acquired Krishnapatnam Port and Gangavaram Port in Andhra Pradesh, India. These private ports are on the eastern coast of the country.

Adani Ports and Special Economic Zones (APSEZ) reported 285% growth in the 2021 year. This growth is a huge jump in his net profit at Rs 1,287.81 crore from January-March 2021, Gautam Adani’s last year’s net worth was Rs 334.39 crore.

Also, Adani Green Energy announced that it would buy SoftBank Group Corp for a whopping value of $3.5 billion. SoftBank Group is backed by SB Energy Holdings. Adani Group would acquire around 80% stake held by SoftBank Group Capital and the rest is acquire by Indian group Bharti Global in a cash. Adani Green Energy is Adani Group’s renewable energy company.

The World’s richest person Jeff Bezos, the founder of Amazon, is presently the richest person in the world. His net worth is $189 billion. Now the Both Indian Tycoons i.e. Mukesh Ambani and Gautam Adani are standing in 13th and 14th place on the global list respectively.

About Adani Group

Adani Group is Gujarat based diversified conglomerate in India with a market cap of over $100 billion. Adani groups have invested in infrastructure, education, health care facilities, and many more. Indian Business magnate Gautam Adani is a founder and promoter of Adani Group. Adani conglomerate is India’s biggest group of companies. Adani Ports and Special Economic Zone (APSEZ), is India’s largest and private port operator in India.

So that’s all about Gautam Adani net worth and his achievements

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